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.

Business, Government, Safety, Autonomous

TMC Group Says Onboard Recorder Rule May Be Costly

TAMPA, Fla. — A Technology & Maintenance Council task force said several provisions of the proposed federal requirement for electronic onboard recorders need clarification, and the rule’s required data-display equipment could be a costly and ineffective expense for trucking companies.

February 12, 2007
Business

Highway Users Form Coalition to Oppose Toll-Road Privatization

Several groups representing truckers and motorists said Friday they have banded together to combat a growing trend toward the privatization or leasing of existing toll facilities to private investors.

February 9, 2007
Business

Greg Werner Promoted to CEO of Werner Enterprises

Truckload carrier Werner Enterprises said late Thursday that Greg Werner had been promoted to be the company’s chief executive officer.

February 9, 2007
Business, Safety, Autonomous

ATA to Launch Driver Recruitment Web Site Friday

American Trucking Associations will launch its driver recruitment Web site, GetTrucking.com, Friday at 5 p.m. Eastern time.

February 9, 2007
Business, Government

Lack of Holiday Shipping Surge Depresses 4Q Truckload Profits

Profits fell at major public truckload carriers in the fourth quarter, as declining demand for freight carriage more than eliminated the benefit of declining diesel prices, which are now lower than a year earlier.

February 9, 2007
Business

UPS Boosts Dividend, Raises Buyback Authorization

UPS Inc. said late Thursday it increased its quarterly dividend to 42 cents a share, from 38 cents.

February 9, 2007
Business, Fuel, Government, Autonomous

Letters to the Editor: Hybrid Trucks, Diesel vs. Gasoline

Click here to write a Letter to the Editor. Undoubtedly, there is a need to pursue alternatives to decrease fuel consumption, lower our dependency on fossil fuels, promote cleaner air and reduce CO2 emissions.

February 9, 2007
Business, Government, Safety, Autonomous

ATA Petitions FMCSA for Employer Notification

American Trucking Associations has filed a petition with the Federal Motor Carrier Safety Administration last week seeking amendments to rules regarding employer notification and drivers.

February 9, 2007
Business

Fourth-Quarter Intermodal Volume Rises 0.6%, IANA Says

Fourth-quarter intermodal volume rose 0.6% from the same period a year earlier, capping off a fifth straight year of growth, the Intermodal Association of North America said.

February 8, 2007
Business, Safety, Government, Logistics

Vitran’s 4Q Income Flat; Company Reports Record Year

Toronto-based transportation and logistics firm Vitran Corp.’s fourth-quarter profit was $5 million or 37 cents a share, compared with $5 million or 39 cents a year earlier.

February 8, 2007