Business
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.
Recap: Anthony Foxx, Bill Shuster Co-Host Live Twitter Town Hall
Transportation Secretary Anthony Foxx and House Transportation & Infrastructure Committee Chairman Bill Shuster (R-Pa.) co-hosted a live Twitter town hall event Feb. 11, to provide a public dialogue on transportation issues.
February 10, 2015Armed with 300 Signatures, House Members Press Leadership on Transportation Funding Bill
Rep. Dan Lipinski (D-Ill.) has announced that he and Rep. Reid Ribble (R-Wis.) have organized an effort to collect about 300 signatures on a letter calling on House leaders to produce what the congressmen call a responsibly paid-for, multiyear surface transportation reauthorization bill.
Undoing HOS Restart Suspension Still on Sen. Richard Blumenthal's Radar
WASHINGTON — A leading critic of last year’s push to suspend changes to an hours-of-service rule said he is actively looking at ways to restore the rule.
Southern California Truckers Approve Union Contract
Drivers at Shippers Transport Express, a Southern California trucking company, ratified a contract that the union said was the first of its kind for port truckers in more than three decades.
February 10, 2015Paccar Recalling Some Kenworth, Peterbilt Trucks Due to Brake Issue
Paccar Inc. is recalling about 100 Kenworth and Peterbilt 2015 year truck models due to potential issues with brakes, the National Highway Traffic Safety Administration said.
February 10, 2015Cass Freight Index Rises in January
The Cass Freight Index, a measure of shipping activity in trucking and other transportation modes, increased in January as expenditures also rose, Cass Information Systems said.
February 10, 2015Transport Officials, Senators Bemoan Port Delays, Infrastructure Woes
Shipper and railroad executives joined senators at a Washington hearing to bemoan the negative global consequences of West Coast port delays and the U.S. infrastructure investment shortfall.
ATA Files Brief in Support of Penske Meal Break Case
American Trucking Associations and Airlines for America on Feb. 9 filed an amicus curiae brief with the U.S. Supreme Court in support of a request by Penske Logistics that the high court overturn an appeals court decision upholding California’s meal-break law.
NHTSA’s Stability Control Rule Sent to OMB
A rule that would require stability control systems on trucks and buses is a step closer to becoming a reality.
Diesel Price Edges Up in First Gain Since November; Gasoline Jumps 12.3¢
Diesel’s national average retail price rose 0.4 cent to $2.835 a gallon, the first increase since November, while gasoline jumped 12.3 cents to $2.191, the Department of Energy reported.