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.

Business, Autonomous

OEMs, Dealers Prep for ’07 Engines With Intense Tech Training

Truck manufacturers and dealers said they are carrying out the most extensive training program ever to prepare technicians to service and repair the new 2007 engine technology, emphasizing the new diesel particulate filters.

February 26, 2007
Business, Safety, Government, Autonomous

DOT to Allow Mexican Trucks Access to U.S. Highways

EL PASO, Texas — The United States will grant Mexican trucks access to U.S. highways under a pilot program, Transportation Secretary Mary Peters announced here today.

February 23, 2007
Business, Government, Logistics

Canada May Pass Law to End CN Railroad Strike

Canadian Labor Minister Jean-Pierre Blackburn introduced legislation Friday to force striking Canadian National Railway Co. employees back to work as early as next week, Bloomberg reported.

February 23, 2007
Business, Autonomous

Daimler Expects Continuing Profit From Truck Unit

DaimlerChrysler AG said it expects its heavy truck division, including Freightliner, to maintain its profitability, even in the face of flagging U.S. sales, Bloomberg reported Friday.

February 23, 2007
Business, Government, Safety, Autonomous

DOT to Begin Audits of Mexican Trucking Companies

Inspectors from the Federal Motor Carrier Safety Administration will travel to Mexico to conduct safety audits on trucking companies interested in hauling cargo to and from the United States, the Department of Transportation said late Thursday.

February 23, 2007
Business, Government, Safety, Autonomous

Maritime Commission Approves ATA Intermodal Settlement

The Federal Maritime Commission has approved a settlement negotiated between American Trucking Associations’ Intermodal Motor Carriers Conference and an FMC-regulated ocean carrier, ATA said Thursday.

February 22, 2007
Business, Safety

Intermodal Traffic Declines for Week

Rail intermodal traffic fell 2.2% last week, due in part to continuing bad weather, the Association of American Railroads reported Thursday.

February 22, 2007
Business

Express-1’s Income Rises for Fourth Quarter, Year

Express-1 Expedited Solutions said Thursday it earned $1.6 million or 6 cents a share in the fourth quarter, up from $597,000 or 2 cents a year earlier.

February 22, 2007
Business, Government

Morgan Stanley to Buy 80% Interest in Montreal Port

Morgan Stanley said Thursday it plans to acquire an 80% interest in the Port of Montreal, the third-largest container port in North America.

February 22, 2007
Business, Fuel

Crude Oil Closes Over $60 a Barrel for First Time in ’07

Crude oil closed at more than $60 a barrel for the first time this year Wednesday, while the Department of Energy reported Thursday that inventories of both gasoline and distillate fuel saw big decreases last week.

February 22, 2007