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.

GovernmentBusinessSafety

Court Agrees to 3-Month HOS-Rule Delay

The federal appeals court that struck down parts of the current driver hours-of-service rule has agreed to delay implementation of its decision for 90 days to give regulators time to address the problems the judges found.

October 8, 2007
Business

International Says UAW Taking 鈥楤reak鈥 from Talks

International Truck and Engine Corp. said Friday it has been notified by the United Auto Workers that the UAW will 鈥渢ake a break from bargaining鈥 in order to conduct a detailed examination of International's proposals.

October 5, 2007
Business

September Payrolls Rise; Unemployment Rises to 4.7%

U.S. payrolls rose in September but the unemployment rose to 4.7% in September from 4.6% in August, the Labor Department said Friday.

October 5, 2007
GovernmentBusiness

3Q CEO Confidence Dips, Conference Board Says

A measure of chief executive officers鈥 confidence declined slightly in the third quarter from the second, the New York-based Conference Board said Friday.

October 5, 2007
BusinessSafety

Rail Traffic Edges Up; Intermodal Traffic Drops

Overall rail traffic rose a notch, but intermodal levels fell from a year ago for the week ended Saturday, the Association of American Railroads said.

October 5, 2007
GovernmentBusiness

Weber Buys 鈥楨nvironmentally Friendly鈥 Reefer Trailers

Weber Distribution, Santa Fe Springs, Calif., said it has purchased a new fleet of 150 鈥渆nvironmentally friendly鈥 refrigerated trailers.

October 5, 2007
BusinessFuel

IMCC Opposes SoCal Ports鈥 Clean Truck Program

A group representing intermodal carriers has expressed its opposition to the Ports of Los Angeles and Long Beach clean truck program, which the ports predict will increase drayage rates by 80%.

October 4, 2007
BusinessSafetyGovernment

Knight Eliminates President Position

Truckload carrier Knight Transportation said its president, Tim Kohl, is leaving the company and his position is being eliminated, Bloomberg reported.

October 4, 2007
BusinessEquipment

ArvinMeritor Trims Earnings Estimate

Heavy-duty component maker ArvinMeritor said fiscal fourth-quarter earnings may be less than previously forecast by as much as 40 cents a share because of a sluggish economy and charges related to suppliers, Bloomberg reported.

October 4, 2007
Business

Jobless Claims Gain for Week

Initial jobless claims rose by 16,000 last week, the Labor Department said Thursday.

October 4, 2007