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.
FMCSA Commits to Rulemaking on Sleep Apnea, Will Not Issue Guidance
The Federal Motor Carrier Safety Administration said it will not issue regulatory guidance to recommend that certain truck drivers be screened and treated for sleep apnea, and instead go through the formal rulemaking process.
September 19, 2013Wheels Group Buys Broker BBL Worldwide
Canadian logistics company Wheels Group Inc. said it has acquired BBL Worldwide, another Canadian company that specializes in cross-border truck brokerage.
September 19, 2013Roadrunner Acquires Mass.-Based Yes Trans
Roadrunner Transportation Systems said Sept. 18 it has acquired refrigerated truckload carrier Yes Trans Inc., based in Salisbury, Mass.
September 19, 2013Trimble to Acquire Forestry Logistics Software Company
Trimble said Sept. 19 it will acquire forestry logistics software company Asset Forestry Limited. Terms were not disclosed.
September 19, 2013Existing Home Sales Rise to Six-Year High in August
Existing home sales rose 1.7% in August to the highest rate since February 2007, the National Association of Realtors said Sept. 19.
September 19, 2013Foxx: No Timeline for HOS Study
Transportation Secretary Anthony Foxx has denied a congressman’s request for a timeline for the completion of a study into the Federal Motor Carrier Safety Administration’s latest changes to the hours-of-service’s 34-hour restart.
September 19, 2013Leading Indicators, Manufacturing Activity in Philadelphia Rises in August
An index of leading economic indicators rose in August from an increase the prior month, the New York-based Conference Board said Sept. 19.
September 19, 2013Volvo’s North American Truck Deliveries Fall 3% in August
Volvo AB’s North American truck deliveries dropped 3% in August from a year ago, the company said Sept. 18.
September 19, 2013Jobless Claims Grow by 15,000
Initial jobless claims increased by 15,000 last week, the Labor Department reported Sept. 19.
September 19, 2013Feds Scrap 2007 Truck Driver Training Proposal
The Federal Motor Carrier Safety Administration scrapped its proposed rule on entry-level truck driver training standards Sept. 18, saying it would start over on the mandate.