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.
Opinion: Increasing Profits, One Woman at a Time
At a recent White House forum, we were asked for our “insights on best practices for educating, recruiting, retaining and developing leadership among a diverse cadre of women throughout the U.S. transportation sector and to evolve strategies for overcoming barriers.”
June 24, 2013Editorial: Fix the HOS ‘Fixes’
We are a week away from what we believe will turn out to be a monumental foul-up by the Federal Motor Carrier Safety Administration in regard to the government’s hours-of-service regulation.
June 24, 2013ATRI Challenges FMCSA Over Cost of HOS Changes
The federal government has grossly overstated the financial benefits of changes to the 34-hour restart provision in the hours-of-service rule, and they will actually cost fleets $189 million a year, according to a new study by the American Transportation Research Institute.
June 24, 2013FedEx’s Net Income Declines After Charges for Retiring Aircraft, Buyouts
FedEx Corp. reported that its fourth-quarter and yearly earnings declined due to one-time charges the company took for aircraft and personnel changes.
June 24, 2013Washington State’s I-5 Bridge Reopens
Washington state’s Skagit River bridge has reopened a month after a truck hauling an oversize load hit one of its trusses and caused a partial collapse.
June 24, 2013Coast Guard Should Reconsider TWIC After Critical GAO Report, Ports Say
The trade association representing the nation’s ports called on the U.S. Coast Guard to reconsider several proposals concerning the Transportation Worker Identification Credential program, largely due to recent criticism by the Government Accountability Office.
June 24, 2013Diesel Falls to 11-Month Low After Fourth Straight Decline
The average price of a gallon of U.S. retail diesel dipped 0.8 cent to $3.841 last week, the lowest level since July, the Department of Energy reported, while crude oil briefly reached a nine-month high.
June 24, 2013E-Logging Proposal Sent to DOT; Rule Could Be Issued in November
A proposed supplemental rule for electronic logging devices has been sent to Transportation Secretary Ray LaHood’s office and is expected to be published as soon as November.
June 21, 2013N.C. House Blocks 75-MPH Speed Limit; Separate Measure Would Waive CDL Requirements for Veterans
The North Carolina House blocked a bill that would have raised top highway speeds to 75 mph in the state, citing safety concerns, the (Raleigh) News and Observer reported.
June 21, 2013Intermodal, Rail Carload Volumes Increase for Week
Weekly intermodal volume increased by 1.7% to 254,266 units for the week Saturday from the same week last year, the Association of American Railroads said.
June 21, 2013