Trucking Business News

About Business News...

Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.

BusinessSafetyTechnology

iTECH — Driver Monitoring: Parsing the Cost of Behavior Modification

Camera-based driver monitoring costs $400 to $1,000 per device, plus monthly monitoring fees of $20 to $40 per vehicle, according to vendor reports.

September 2, 2008
Business

FedEx Express Upgrades Europe-U.S. Service

FedEx Express said Monday it has upgraded its next-business-day delivery service, FedEx International Priority, from Europe to major U.S. East Coast cities.

September 2, 2008
BusinessFuel

Oil Falls Below $110, as Gustav Spares Major Gulf Rig Damage

Crude oil fell more than $5 to below $110 a barrel Tuesday, a day after Hurricane Gustav made landfall, sparing the region similar damage done by two big hurricanes three years ago, Bloomberg reported.

September 2, 2008
Business

MHF Holdings Launches Drayage Firm

MHF Holdings Co. said it will expand its Jacksonville, Fla., operations with the launch of MHF Trucking & Drayage.

September 2, 2008
BusinessSafetyGovernmentAutonomous

Truck Tonnage Increases 4.4% in July

The July truck tonnage report offered mixed signals about the industry and the U.S. economy, as American Trucking Associations’ index rose 4.4% from weak results a year earlier but declined 0.3% from the June totals.

September 1, 2008
BusinessSafetyGovernmentLogistics

Dennis Shirar Is Named 2008 NTDC Grand Champion

HOUSTON — Dennis Shirar, a 51-year-old driver for Heritage Transport, Indianapolis, earned the title of Grand Champion at the 2008 National Truck Driving Championships.

September 1, 2008
BusinessSafetyGovernment

Wisconsin Trooper Slick Wins Top Honor at North American Inspectors Championship

Only four days after he was crowned Grand Champion of the 2008 North American Inspectors Championship on Aug. 23, Wisconsin State Patrol inspector Daniel Slick already was back at work.

September 1, 2008
BusinessFuelGovernment

Fuel Average Drops Again

The U.S. average price of retail diesel continued its descent last week, falling another 6.2 cents a gallon to $4.145, the Department of Energy reported.

September 1, 2008
BusinessSafetyGovernment

Chicago Manufacturing Index Improves

Manufacturing activity in the Chicago improved in August, the Institute for Supply Chain Management-Chicago said Monday.

August 31, 2008
Business

YRC Plans to Cut Several Hundred Non-Union Jobs

YRC Worldwide plans to cut several hundred non-union jobs as freight demand declines, Bloomberg reported Friday.

August 29, 2008