Trucking 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.
ArvinMeritor Opens Remanufacturing Plant for Mascot Truck Parts Division in Ontario
MISSISSAUGA, Ontario 鈥 ArvinMeritor Inc. officially opened its new remanufacturing facility here for its Mascot Truck Parts division, the latest development in the company鈥檚 expanding presence in this niche of the truck equipment business.
May 4, 2009Judge Blocks Calif. Owner-Operator Ban
A federal judge last week issued a preliminary injunction blocking many of the provisions in the clean trucks plans of the Ports of Los Angeles and Long Beach, including the controversial ban on independent drayage owner-operators at Los Angeles.
May 4, 2009Refrigerated Fleets Stable as Other Sectors Struggle
The refrigerated sector of the trucking industry has been the only healthy activity for fleets in the current recession. Refrigerated truckload shipments grew slightly from last year, but dry vans, tankers and flatbeds all dropped substantially, industry executives and American Trucking Associations said.
May 4, 2009Slumping Sales Lead to Lower Earnings For Truck Makers in North America
Weak Class 8 truck sales around the world led to plunging revenue and either losses or vastly diminished first-quarter profits for three of the four major heavy-duty truck manufacturers and both independent engine makers operating in North America.
May 4, 2009Corporations Review Transport Operations as Pressure Grows to Reduce Expenses
Corporate-owned truck fleets are facing growing pressure to justify their in-house freight operations as manufacturers and retailers target transportation expenses in response to the sharp nationwide downturn in sales.
May 4, 2009Truck Tonnage Falls to 鈥02 Level
Truck tonnage fell in March to its lowest level in seven years, as it declined 12.2% below the levels recorded one year earlier, according to an April 27 report from American Trucking Associations.
May 4, 2009House Legislation Would Provide Tax Credits to Carriers That Buy Safety Technology
A pair of congressmen introduced legislation late last month to provide tax credits for fleets purchasing four types of safety technology.
May 4, 2009LTL Quarterly Results Worsen as Freight Levels Remain Low
Earnings at publicly traded less-than-truckload companies took a beating in the first quarter, as carriers competed fiercely to wrest freight from a dwindling market still mired in recession, a review of the companies鈥 financial reports shows.
May 4, 2009U.S. Working on Border Plan, Despite Swine Flu Concerns
The Obama administration is continuing to work on a plan to restart cross-border trucking between the United States and Mexico, even as the two countries battle the spread of 鈥渟wine flu.鈥
May 4, 2009Calif. Demands 10% Carbon Cut in Transportation Fuels by 2020
California environmental regulators have approved a new standard that will require a 10% reduction in the carbon content of transportation fuels by 2020 and encourage a transition to nonpetroleum-based fuels.
May 4, 2009Trending
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