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, Government, Safety, Autonomous

Critics Call Onboard Recorder Proposal Ineffective

The Transportation Department鈥檚 recent proposal to use electronic onboard recorders to monitor driver hours is 鈥渨eak鈥 and ineffective, safety advocacy groups said last week, while some trucking industry organizations applauded the plan.

January 24, 2007
Business, Government, Safety

Letter to the Editor: HOS Problems (Continued)

Click here to write a Letter to the Editor. The problem is not with the 鈥渂lack box,鈥 it鈥檚 with the 14-hour rule. We are not children, we are professionals. So why doesn鈥檛 anyone understand the problem? We are always up against the wall when it comes to hours of service.

January 24, 2007
Business

Opinion: Where Are All the 鈥楽mart鈥 Trailers?

I may be missing something, but it seems to me that the U.S. motor carrier industry is lagging behind the vessel industry鈥檚 container security accomplishments to the point that it could threaten this nation鈥檚 security.

January 24, 2007
Business, Safety, Government, Technology

Security & Safety Briefs 鈥 Jan. 18 - Jan. 24

Driver Gets Life in Smuggling Deaths 鈥 New Passport Rule Takes Effect 鈥 Okla. Study Cites Cellphone Accident Hazards 鈥 N.D. Lawmaker Wants 40-Mph Minimum on Interstates

January 24, 2007
Business, Autonomous

USA Truck Promotes Jerry Orler to Chief Executive Officer

USA Truck Wednesday announced the promotion of Jerry Orler to chief executive officer.

January 24, 2007
Business, Fuel, Government

Crude Oil Price Rises, Topping $55 a Barrel

Crude oil prices surged more than $2 a barrel Tuesday after Energy Secretary Samuel Bodman said President Bush plans to double the size of the U.S. Strategic Petroleum Reserve by 2027, Bloomberg reported.

January 23, 2007
Business

Werner鈥檚 Fourth Quarter Income, Revenue Dip

Truckload carrier Werner Enterprises鈥 fourth-quarter profit fell 16% to $24 million or 31 cents a share, from $28.8 million or 36 cents a year earlier.

January 23, 2007
Business, Fuel, Government

Diesel Dips 3.3 Cents to $2.43; Gasoline Falls to $2.165

The average price of retail diesel fuel fell 3.3 cents to $2.43 a gallon, the Department of Energy said Monday.

January 23, 2007
Business

BNSF Reports Higher Income, Revenue for 4Q, Year

Burlington Northern Santa Fe Corp.鈥檚 fourth-quarter profit jumped 21% to $519 million or $1.42 a share, from $430 million or $1.13 a year earlier, the railroad said Tuesday.

January 23, 2007
Business, Logistics

CSX Reports Improved Fourth-Quarter Income, Revenue

Eastern freight railroad CSX Corp. reported fourth-quarter earnings of $347 million or 75 cents a share, up from $237 million or 52 cents a year earlier.

January 23, 2007