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.
Existing Home Sales Rise to Three-Year High
Existing home sales rose 0.6% in April to the highest level in more than three years, the National Association of Realtors said Wednesday.
May 22, 2013FMCSA Waives Trucking HOS Rules for Oklahoma Tornado Relief Efforts
The Federal Motor Carrier Safety Administration has temporarily waived truck driver hours-of-service rules for drivers who are helping recovery efforts from the major tornado that hit near Oklahoma City on Monday.
Carriers Facing Increased Regulatory Scrutiny, Executives Say
INDIANAPOLIS — Motor carriers are not only facing an increasing number of new regulatory initiatives from the U.S. Department of Transportation, but they also have become the target of stepped up enforcement from several other federal agencies, trucking executives and transportation attorneys said.
CARB Hosting Free Classes on Diesel-Regulation Compliance
The California Air Resources Board is hosting free classes on complying with CARB diesel regulations.
May 21, 2013Diesel Rises for Second Week, Up 2.4¢ to $3.89; Gasoline Jumps 7¢ to $3.673
Diesel rose for a second consecutive week, rising 2.4 cents to $3.89 a gallon, while gasoline jumped 7 cents to $3.673, the Department of Energy reported.
May 21, 2013Navistar Hires Bill Kozek to Head Truck and Parts Business
Navistar International Corp. said it has appointed Bill Kozek as president of its North America truck and parts business. He succeeds Jack Allen, who was promoted to Navistar’s chief operating officer last month.
May 21, 2013Tornado Causes Widespread Damage in Oklahoma; Two Interstates Hit
The huge tornado that hit Moore, Okla., on Monday ran over two interstate highways, killed at least 24 people and caused massive damage in the Oklahoma City suburb, news services reported.
May 21, 201340 States Now Ban Texting While Driving
Hawaii has become the 40th state to ban texting while driving after Gov. Neil Abercrombie (D) signed the new law on Monday.
U.S. to Ease Inspections Rule for Truckers, Official Says
The Federal Motor Carrier Safety Administration will propose a regulation later this year that would absolve truck drivers of their duty to file reports about truck and trailer inspections that do not find any equipment defects, a federal official said.
May 21, 2013Rush Enterprises Founder W. Marvin Rush Retires
Truck dealership Rush Enterprises said that the company’s founder, W. Marvin Rush, is retiring as chairman and will be succeeded by CEO W.M. “Rusty” Rush.
May 21, 2013