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.
Diesel Holds at $3.981 a Gallon; Gas Dips 2.1¢
Diesel held at $3.981 a gallon, matching last week’s five-month high, while gasoline slipped 2.1 cents to $3.587, the Department of Energy reported.
September 10, 2013Federal Judge Hears Arguments on Megaloads Trucked Through Reservation
Attorneys from Idaho’s Nez Perce Tribe and from a unit of General Electric Co. argued in federal court Sept. 9, in Boise about megaloads moving through the tribe’s reservation and a national park, the Associated Press reported.
September 10, 2013ATRI Seeks Truck Drivers’ Input on HOS
The American Transportation Research Institute said it is soliciting truck drivers’ input on the effects of the recent changes to the hours-of-service rules, which went into effect July 1.
September 9, 2013UPS Teamsters to Vote Again on Rejected Agreements
Teamsters at UPS Inc. will vote again starting Sept. 18 on seven of the 17 supplemental agreements that were rejected in June when the national master agreement was approved, the union has announced.
N.J. Gov. Christie Vetoes Bill to Classify Port Truckers as Employees
New Jersey Gov. Chris Christie (R) vetoed a bill Sept. 9 that would have classified most port drayage and parcel truck drivers in the state as employees, and put the burden on carriers to prove that drivers are independent owner-operators, he said.
Central Freight Lines Buys 100 CNG Trucks
Less-than-truckload carrier Central Freight Lines Inc. has added 100 Freightliner compressed natural gas-powered tractors to its fleet of more than 1,600 trucks, the companies announced.
September 9, 2013Trucking Suppliers Collaborate for 9/11 Memorial Rescue Truck
Several trucking component manufacturers have collaborated in the restoration of two heavy rescue trucks that responded to the Sept. 11, 2001, terrorist attacks, according to the nonprofit Remembrance Rescue Project.
September 9, 2013DAT Report Shows Loads Rise, Rates Flat
The latest DAT Trendlines report of spot freight market activity and rate trends shows increases in loads and few signs of changes in rates.
September 9, 2013Oil Declines 0.7% From Two-Year High
Oil fell 0.7% from a two-year high in early trading Sept. 9 as President Obama struggled to push for a military strike against Syria, Bloomberg News reported.
September 9, 2013Drivewyze Adds Bypass Service in Kansas
Drivewyze Inc. said Kansas has become the 17th state to adopt its PreClear weigh-station bypass service.
September 9, 2013