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.

GovernmentBusinessFuel

Oil Prices Fall on Economic Concerns

Crude oil fell by almost $3 to near $95 a barrel Monday, on concerns a cooling economy will curb demand for oil and gasoline, Bloomberg reported.

January 7, 2008
BusinessGovernmentSafety

I-81 Will Not Have Truck-Only Toll Lanes, Paper Says

After years of study, Interstate 81 in Virginia will not contain separate truck-only lanes, the News-Virginian newspaper reported Sunday.

January 7, 2008
GovernmentBusinessSafety

New Mexico Considering Idling Regs

The New Mexico Department of Environment is considering limiting the amount of time long-haul truckers can leave their vehicles idling at truck stops, the Associated Press reported.

January 7, 2008
BusinessSafety

ATA Accepting Security Award Nominations

American Trucking Associations said nominations for its Security Council鈥檚 2008 Excellence in Security Award and 2008 Security Professional of the Year Award are now being accepted.

January 7, 2008
BusinessGovernment

GM Eyes Growth Outside of U.S.

General Motors Corp. is likely to get as much as 75% of its car and truck sales from outside the Untied States within a decade, Bloomberg reported Monday.

January 7, 2008
GovernmentBusiness

Storms Hammer West Coast, Closing Some Roads

The West Coast was hit by a huge storm Friday that dumped more than 5 inches of rain in some parts of California and feet of snow elsewhere, temporarily closing some major roadways, the Los Angeles Times reported Monday.

January 7, 2008
BusinessFuel

Fuel Costs, Union Contracts, Economy Loom as Major Concerns in New Year

Don鈥檛 be surprised if the year ahead looks a lot like the year just ended, with some additional worries for freight carriers. Last year鈥檚 concerns continue for freight carriers, but they also have new ones.

January 7, 2008
BusinessFuel

Web-Based Software Is Appealing to Fleets

For some fleet managers and maintenance supervisors today, a routine part of their job is accessing a secure Web site to view, say, fuel expenses for last month or a report on which trucks need servicing in the coming week.

January 7, 2008
GovernmentBusinessSafety

IRS Assesses FedEx $319 Mln. in Driver Classification Dispute

The IRS struck another blow to FedEx Ground鈥檚 independent contractor business model, assessing the package delivery company back taxes and penalties of $319 million for 2002 after an audit determined that company drivers should have been classified as employees.

January 7, 2008
BusinessSafety

November Truck Tonnage Rises 3.3%

November truck tonnage in-creased by 3.3% over the same month a year ago, just the third increase in the past 17 months, according to the latest survey by American Trucking Associations.

January 7, 2008