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, Safety, Autonomous

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, 2013
Business, Government, Logistics, Autonomous

Wheels 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, 2013
Business

Roadrunner 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, 2013
Business

Trimble 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, 2013
Business

Existing 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, 2013
Government, Business, Safety

Foxx: 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, 2013
Business

Leading 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, 2013
Business

Volvo’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, 2013
Business

Jobless Claims Grow by 15,000

Initial jobless claims increased by 15,000 last week, the Labor Department reported Sept. 19.

September 19, 2013
Government, Business, Safety, Autonomous

Feds 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.

Michele Fuetsch | Staff Reporter
September 18, 2013