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.

BusinessFuel

EPA To Award $3.4 Million in Diesel Technology Grants

The Environmental Protection Agency said Monday it will award $3.4 million in grants to establish projects using emerging technologies to reduce emissions from the diesel engine fleets.

July 22, 2008
Business

Heartland鈥檚 Income Dips; Carrier Plans Fleet Upgrade

Heartland Express Tuesday reported a decline in its second-quarter profit but said it plans to begin a fleet upgrade in the third quarter in which it plans to buy 1,600 new trucks.

July 22, 2008
FuelBusinessLogisticsGovernment

Diesel Falls 4.6垄 to $4.718 a Gallon

Diesel fuel鈥檚 national average pump price fell by the most in six months, dropping 4.6 cents to $4.718 a gallon, the Department of Energy reported.

July 22, 2008
Business

Paccar鈥檚 2Q Income Gains on European Sales

Heavy-duty truck maker Paccar Inc. said Tuesday its second-quarter profit rose 5%, led by higher European sales.

July 22, 2008
GovernmentBusinessSafety

Caterpillar鈥檚 2Q Income Jumps on International Demand

Heavy equipment and diesel engine maker Caterpillar Inc. said Tuesday its second-quarter profit rose 34%, led by international demand.

July 22, 2008
GovernmentBusinessSafety

Canada鈥檚 Two Largest Railroads Report Lower Income

Canada鈥檚 two biggest freight railroads reported downturns in their second-quarter profits, Bloomberg reported.

July 22, 2008
BusinessFuelGovernment

Forward Air鈥檚 2Q Earnings Improve

Forward Air Corp. said its second-quarter profit rose to $12.1 million, or 42 cents a share, from $11.5 million, or 38 cents, a year ago.

July 21, 2008
FuelBusinessGovernment

California Issues Natural Gas Grants

Clean Energy Fuels Corp. said two California environmental agencies awarded grants totaling more than $11 million to further the development of natural gas fueling stations and vehicles.

July 21, 2008
BusinessGovernmentSafetyFuel

EPA Requests More Input on Greenhouse Gases

The Environmental Protection Agency issued a nearly 600-page request for public comment on whether it should use existing law to regulate greenhouse gas emissions, a decision one trucking official said was a way to further delay any new regulations until after President Bush leaves office.

July 21, 2008
GovernmentBusiness

Leading Economic Indicators Dip 0.1%

An index of leading economic indicators dipped 0.1% in June, the New York-based Conference Board said Monday.

July 21, 2008