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.

BusinessGovernmentSafety

U.S. to Resolve Truck Dispute, Clinton Tells Mexican Officials

Secretary of State Hillary Clinton said the United States is 鈥渨orking very hard to achieve a resolution鈥 to a trade dispute that led to Mexico imposing tariffs on U.S. goods valued at more than $2 billion after President Obama signed a law ending a cross-border trucking plan.

March 30, 2009
BusinessSafety

Tonnage Rises From Jan. Levels, but Feb. Volume Trails Year-Ago

Truck tonnage in February dropped 9.2% from year-ago levels, but inched up 1.7% from the low totals in January, American Trucking Associations reported last week.

March 30, 2009
GovernmentBusinessSafety

Court Ends Port Owner-Operator Ban

A federal appeals court has thrown out the Port of Los Angeles鈥 ban on owner-operators and questioned the legality of concession requirements at the adjacent Long Beach port for drayage operators to file financial statements and give hiring preferences to experienced port drivers.

March 30, 2009
Business

YRC to Close 11 USF Holland Terminals

YRC Worldwide Inc. said it will close 11 USF Holland regional less-than-truckload terminals and turn the freight over to other company units, a move expected to boost operating income by at least $25 million a year.

March 30, 2009
BusinessSafetyGovernment

More States Banning Indemnification Contract Clauses

Spurred by trucking industry leaders, more states this year are banning contracts that shift liability for any incident that occurs on a shipper鈥檚 premises to freight carriers, joining more than a dozen other states that have acted to protect carriers from what they say are unfair contracts.

March 30, 2009
GovernmentBusinessSafetyLogisticsFuel

Diesel Increases 7.3垄 to $2.09; 1st Price Rise in Over 2 Months

Rising oil prices and growing distillate demand pushed the U.S. national diesel average 7.3 cents higher to $2.09 last week, the first increase in more than two months, the Department of Energy reported.

March 30, 2009
BusinessGovernment

OOIDA Seeks Suspension of Mexican-Truck Plan

A group representing owner-operator truck drivers said Friday it has written to President Obama to ask that he suspend any immediate plans to re-establish the U.S.-Mexico cross-border trucking program.

March 27, 2009
GovernmentBusinessSafety

Opinion: Don鈥檛 Worry 鈥 Take Action

The private sector has plenty to worry about at the moment. On a global scale, there are the conflicts in Iraq and Afghanistan and Iran鈥檚 nuclear issues.

March 27, 2009
BusinessGovernment

Consumer Confidence Index Improves

U.S. consumer confidence rose slightly this month, but still remains near its lowest point in three decades, according to the Reuters/University of Michigan鈥檚 final monthly consumer sentiment index released Friday.

March 27, 2009
BusinessSafety

Rail, Intermodal Traffic Continue to Fall

Rail and intermodal traffic continued to decline along with the economy last week, the Association of American Railroads said Thursday.

March 27, 2009

Trending

Newsletter Signup

Subscribe to Transport Topics

 

Hot Topics