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.

BusinessGovernmentSafety

Tech Execs Expect Broader Mandates When FMCSA Issues EOBR Final Rule

NEW ORLEANS — The Federal Motor Carrier Safety Administration’s final rule governing electronic onboard recorders may change significantly from the proposal the agency issued in 2007, executives of several technology firms said.

October 14, 2008
BusinessSafety

Daimler to Drop Sterling Brand, Close Plants in Ontario, Oregon

Daimler Trucks North America said Tuesday it will discontinue its Sterling Trucks brand in March, eliminate 3,500 jobs and close two North American factories in an effort to streamline operations.

October 14, 2008
Business

J.B. Hunt’s Third-Quarter Income Improves

Truckload carrier J.B. Hunt Transport Services said Tuesday its third-quarter net income rose 19% to $60.3 million, or 47 cents a share, from $50.8 million, or 38 cents, a year ago.

October 14, 2008
GovernmentBusiness

Navistar Unveils New Hybrid Truck

Navistar International Corp. said Tuesday it is unveiling a new hybrid truck, the International DuraStar Hybrid tractor, which it is targeting to general freight haulers and food and beverage distributors.

October 14, 2008
GovernmentBusinessSafety

Letters to the Editor: Bailout, Road-Use Tax, LTL Reweighing, Border Projects, Mexican Border

The $700 billion bailout plan (and this is just the beginning) is not for mortgages and homeowners; it’s for mortgage-backed securities. Hedge funds are the main holders.

October 14, 2008
BusinessSafety

YRC Launches Web Portal for Clients

YRC Worldwide said Tuesday it launched a Web site to make it easier for clients to access its North American divisions.

October 14, 2008
BusinessLogisticsGovernment

Gas Plunges 35¢ to $3.31, Lundberg Survey Says

The national average price of regular gasoline plunged 35 cents in the two weeks ended Friday, to $3.31 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

October 14, 2008
Business

Trucking Sets Priorities

NEW ORLEANS — Meeting here amid significant economic and political uncertainty, trucking leaders last week continued shaping the industry’s priorities ahead of 2009 federal highway reauthorization negotiations.

October 13, 2008
Business

Economists Warn Industry Painful Recession Lies Ahead

NEW ORLEANS — Fleets can expect freight markets to weaken even further as U.S. businesses trapped in a credit crunch grapple with a recession during the rest of 2008 and throughout 2009 that could be the worst in 25 years, experts said.

October 13, 2008
GovernmentBusinessSafety

ATA Backs Broad Safety Plan; Seeks New Car, Truck Rules

NEW ORLEANS — American Trucking Associations leaders endorsed a sweeping, 18-point plan to improve highway safety for everyone — passenger cars, as well as trucks — as part of the federation’s strategy for next year’s highway legislation.

October 13, 2008

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