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.

Government, Business

Large Police Group Endorses Senate Push to Suspend Last Year’s HOS Restart Changes

The National Fraternal Order of Police has endorsed suspending the year-old federal hours-of-service rule change, a proposal senators are expected to take up before their August recess.

July 7, 2014
Business

Port of Long Beach Names New Director

The Port of Long Beach, California, last week named Jon Slangerup as its new executive director.

July 7, 2014
Business

Load Matcher Cargomatic Starts App-Based Service

The fledgling load-matching service Cargomatic is bidding to capitalize on unused capacity in local trucking markets by using a wireless or smart-phone application, beginning with Southern California.

July 7, 2014
Business, Government, Safety

ELD Comments Pour Into FMCSA

Comment from fleets, owner-operators and others concerned with electronic logging devices poured into the Federal Motor Carrier Safety Administration right up until the deadline.

July 7, 2014
Business

US Falls Behind Deadline on Conflict Minerals Data

The federal agency charged with compiling a list of African smelters and refiners that produce “conflict minerals” is nearly 18 months behind schedule in providing information that could help publicly traded companies guard against using the tainted minerals.

July 7, 2014
Business

Bid to Save Highway Trust Fund to Resume

With the federal highway account rapidly running out of money, a Senate committee plans to vote this week on a bill that would provide more than $8 billion to pay for transportation projects around the country for the remainder of the year.

July 7, 2014
Business

Brenner Moves Some Production to Indiana

Signaling a windfall in the tank industry, Wabash National Corp.’s Brenner Tank, a manufacturer of chemical tank trailers, is expanding production to Lafayette, Indiana.

July 7, 2014
Business

C.R. England Unveils Military-Branded Trucks and Trailers

C.R. England is honoring veterans with five new military-themed trucks and trailers to be driven exclusively by former members of the military.

Mindy Long | Special to Transport Topics
July 2, 2014
Government, Business

Rep. Blumenauer to Advocate for Higher Gas Tax

Rep. Earl Blumenauer (D-Ore.), a member of the influential House Budget Committee, has been calling for increasing the federal gas tax to fund large-scale transportation infrastructure projects for several years.

Eugene Mulero | Senior Reporter
July 2, 2014
Business

West Coast Port Talks Continue, Parties Say

The Pacific Maritime Association and the International Longshore & Warehouse Union confirmed that talks are continuing past the June 30 contract expiration without freight delays.

July 2, 2014