Business

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

Obama Signs Stimulus Package Into Law

President Obama signed a $787 billion economic stimulus package into law last week that included about $27.5 billion in highway funding, some of which already is being put to use.

February 23, 2009

Best Trucking Software 2024

For growing asset-based carriers, ensuring you have the right trucking software is essential for managing fleets, optimizing operations, and winning more higher-paying loads.

Government, Business, Safety, Fuel

California Finishing Plans to Issue Vouchers to Help Small Carriers Buy Cleaner Vehicles

California environmental regulators are drawing up plans to issue vouchers as early as this spring to small fleets to help them pay for replacing old trucks with units carrying a 2007 or newer diesel engine.

February 23, 2009
Business

TL Fleets Review Purchase Plans as Economic Concerns Deepen

CORAL GABLES, Fla. — Some truckload fleets that plan to purchase new tractors in 2009 say they may scale back their purchases as the U.S. economy weakens further, but others said they intend to keep buying.

February 23, 2009
Business

Recession Should Begin to Ease Midyear Followed by Mild Growth, Economist Says

ORLANDO, Fla. — The recession under way for 14 months is already “deep and long” and is supposed to hit bottom around the middle of this year, with mild growth in the second half, a Federal Reserve senior economist told a heavy-duty industry gathering here Feb. 16.

February 23, 2009
Business, Fuel, Government

Diesel Declines 3.3¢ to $2.186; Gas Continues to Rise

The average retail price of U.S. diesel declined for the fifth consecutive week, dipping another 3.3 cents a gallon, according to the Department of Energy.

February 23, 2009
Letters to the Editor, Business, Safety, Government

Letters: Back to Basics; Snow Removal Fines; Government Stimulus

Listening to the television pundits trying to divine the future of our economy, I am not unlike millions of people worldwide. We are all watching Washington, waiting for a panacea to the economic woes.

February 20, 2009
Business, Fuel

UPS Rolls Out 300 CNG Trucks

UPS Inc. said it has put more than 300 compressed natural gas-powered delivery trucks into service in seven cities across the country.

February 20, 2009
Business, Safety, Government

LaHood to Consider Vehicle Mileage Tax

Transportation Secretary Ray LaHood wants to consider taxing motorists by how many miles they drive, the Associated Press reported Friday.

February 20, 2009
Business

Navistar Financial Names Johanneson CEO

David Johanneson, a 36-year veteran in the truck industry, was named chief executive officer of Navistar Financial Corp. the company said Thursday.

February 20, 2009
Business, Government

Consumer Prices Rise for First Time in Six Months

Consumer prices rose 0.3% in January for the first time in six months, led by an increase in gasoline prices, the Labor Department said Friday.

February 20, 2009