Trucking Business News

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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.

BusinessLogisticsGovernment

Groups Urge Resolution of Mexican Truck Issue

An ad hoc coalition including the National Pork Producers Council and 140 other business, manufacturing and agricultural organizations, sent a letter Tuesday to President Obama urging him to quickly resolve a dispute with Mexico over allowing its trucks to transport goods into the United States.

April 7, 2009
Business

Navistar, Caterpillar Set Vocational Truck Venture

Caterpillar Inc. and Navistar International Corp. said they have agreed to jointly produce a new line of heavy-duty vocational trucks.

April 7, 2009
BusinessLogistics

National Trailer Dealers Association Cancels Convention

The National Trailer Dealers Association has canceled its 2009 convention, citing a need among its members to save money.

April 7, 2009
Business

Con-way Sets Consolidation and Distribution Service

Con-way Inc. Tuesday announced a new consolidation and distribution service for shippers and consignees.

April 7, 2009
BusinessTechnologyEquipmentSafety

Iteris Buys Hamilton Signal Assets

Iteris Inc., which makes lane-departure warning systems for the trucking industry, said Tuesday it acquired assets from Hamilton Signal including its Abacus system. Terms were not disclosed.

April 7, 2009
BusinessFuel

Diesel Rises 0.7垄 to $2.228; Gas Dips 0.9垄 to $2.037

Diesel rose less than a penny for its third straight increase, gaining 0.7 cent to $2.228 per gallon, the Energy Department said Monday.

April 7, 2009
BusinessLogistics

CEVA Sets Contract with Technogym

CEVA Logistics said Wednesday that it had signed an agreement to provide logistics services for fitness equipment manufacturer Technogym.

April 7, 2009
Business

Oil Falls to Near $50 in Third Straight Decline

Oil fell for a third day Tuesday to near $50 a barrel as traders speculated inventories might have risen last week, Bloomberg reported.

April 7, 2009
BusinessSafetyGovernmentLogistics

Brokers Saw Decreased Profits in 2008, Survey Shows

Freight brokers and logistics providers saw profit margins decrease 5% in 2008 compared to the previous year due to volatile market conditions, a survey by transportation technology company TransCore shows.

April 6, 2009
BusinessTechnologyEquipmentSafety

Navman Wireless Tracking Software Adds Reporting

Navman Wireless has added a reporting system to its Internet-based tracking software, Online-AVL, the company said.

April 6, 2009

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