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.
Ohio Interstates Get 70 MPH Speed Limit
The speed limit on 570 miles of rural Ohio interstate highways increased to 70 mph from 65 mph on Monday under a new state law that allows the Ohio Department of Transportation to increase the speed on all nonurban interstates.
July 1, 2013Fleetmatics Files for Public Offering
Fleetmatics Group, a provider of Web-based fleet management services, said it has filed with the U.S. Securities and Exchange Commission for a proposed public offering of 8 million shares.
July 1, 2013Diesel Tax Set to Increase in Many States, Including a 10-Cent Bump in Wyoming
The diesel fuel tax will increase in a number of states across the nation July 1, while Virginia and Maryland will begin charging new sales taxes that also will increase the cost of fuel.
July 1, 2013U.S. Eyes More Truck Rules
President Obama last week announced that the administration will begin work on a new round of fuel-economy standards that will apply to heavy- and medium-duty trucks starting in 2019.
July 1, 2013N.Y. OKs Bill That Defines Contractors, With Trucking and Teamsters Support
The New York State Legislature has passed a bill to clearly define which truck drivers can be classified as independent contractors and crack down on employers who use the owner-operator model to avoid giving employees certain benefits.
July 1, 2013Crashes Due to Trailer Separation Are Rare, According to FMCSA Data on Accidents
Crashes such as the recent one in upstate New York where a trailer apparently separated from a tractor and struck a minivan with deadly consequences are rare, according to federal crash experts and investigators working on the case.
July 1, 2013Opinion: No Time for Downtime
We’ve all suffered through computer downtime, usually at the worst possible moment. That was certainly the case with a number of freight carriers that experienced it during the hurricane that intensified to become Superstorm Sandy.
July 1, 2013Editorial: Turning the Page at DOT
The long-awaited leadership transition at the U.S. Department of Transportation finally took place on June 27, with the Senate unanimously confirming Anthony Foxx as the next secretary.
July 1, 2013Foxx Unanimously Confirmed as Transportation Secretary
Anthony Foxx, the current mayor of Charlotte, N.C., was confirmed unanimously by the U.S. Senate last week to be the nation’s next transportation secretary.
July 1, 2013UPS, Teamsters to Reopen Talks to Complete Parcel, Freight Pacts
The Teamsters union and UPS Inc. said they are resuming talks on rejected supplemental agreements to a master contract for the Package division that won rank-and-file approval last week, and the two are trying to reach a new tentative deal for workers in UPS’ Freight division.
July 1, 2013