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

Maryland Senate Approves Fuel-Tax Increase

Maryland’s Senate passed a bill to increase the state’s taxes on diesel and gasoline and tie them to inflation to pay for transportation projects, sending the measure to Gov. Martin O’Malley (D) for his expected signature.

April 1, 2013
Government, Business

Obama Touts Infrastructure Spending During Visit to Port of Miami

President Obama promoted the benefits of infrastructure spending during a visit to the Port of Miami, pushing for more money in a plan he said would attract private money for roads, bridges and other transportation projects, the Associated Press reported.

April 1, 2013
Business

ISM Manufacturing Index Dips in March But Shows Expansion

U.S. manufacturing activity slipped in March from February but showed continued expansion, the Institute for Supply Management said Monday.

April 1, 2013
Business, Technology

Rand McNally Announces Product Updates at MATS

LOUISVILLE, Ky. — Rand McNally made several product announcements here, including the news that the latest version of its IntelliRoute TND 520 truck GPS device will be available for sale in May.

April 1, 2013
Editorial, Business

Editorial: No Tolls on Va.’s I-95

It appears that the opponents of Virginia’s plan to put tolls on Interstate 95 have won the battle, and we’re glad to hear it.

April 1, 2013
Letters to the Editor, Business

Letters: Bureaucrats, Funding Infrastructure, Assaulting Business, HOS vs. Efficiency

Ya gotta love it that the royalty in Washington, D.C., is so out of touch with the American people and the business world. The bureaucrats in Washington have never sat in a truck, and yet they are the ones telling me how to drive my truck.

April 1, 2013
Business

Ferro Says No Delay Planned for New HOS Rule Enforcement

LOUISVILLE, Ky. — Despite pleas from bipartisan groups of lawmakers in Congress and the uncertain outcome of court challenges, there will not be any delay to the July 1 start date for enforcing the newest modifications to the hours-of-service rule, said Anne Ferro, head of the Federal Motor Carrier Safety Administration.

April 1, 2013
Business, Logistics

Trailer Makers Turn to Cost-Saving Features to Win New Customers as Growth Slows

Trailer manufacturers said they are turning to new cost-saving features and services to seize the advantage in a market that isn’t expected to grow all that much this year, industry officials said.

April 1, 2013
Business

Raising Brand Image Was Key Gain of His Tenure, Daimler Chief Says

LOUISVILLE, Ky. — Repositioning the Freightliner brand as a technology leader, and not just as the highest-selling truck nameplate in North America, is among the top achievements cited by Andreas Renschler as he prepared to step down as the head of Daimler Trucks Worldwide on April 1.

April 1, 2013
Business

Used-Truck Sales Lag From Year-Ago Levels on Limited Inventories, ACT Research Says

Used Class 8 truck sales in February rose from the previous month, but were still down 9.5% year-over-year as limited used inventories continued to hold back sales, ACT Research reported.

April 1, 2013