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.
Nafta Surface Trade Rises 2.9% in January
Surface trade among the United States, Canada and Mexico rose 2.9% in January from the same month a year earlier, the Department of Transportation said Wednesday.
March 27, 2013Celadon Opens Driver-Training School
Celadon Group said it has graduated its first class of driver-training school candidates and that it plans to build a new, $5.7 million driver-training facility.
March 27, 2013N.C. DOT Supports Eliminating 3 Toll-Road Mandates
The North Carolina Department of Transportation supports a bill removing a mandate to build three toll-road projects, the Associated Press reported.
March 27, 2013Va. Governor Signs Transportation Bill to Alter Fuel Tax, End I-95 Toll Plan
Virginia Gov. Bob McDonnell (R) has signed a transportation bill that ends the 17.5-cent-per-gallon tax on diesel and gasoline, imposes taxes on wholesale fuel sales and prohibits tolls on Interstate 95 without legislative approval.
FMCSA Holding to July 1 HOS Date, Ferro Says
LOUISVILLE, Ky. — Despite receiving requests from a bipartisan group of seven lawmakers in transportation oversight roles, the Federal Motor Carrier Safety Administration will not delay the July 1 effective date of the latest changes to its hours-of-service rule, FMCSA Administrator Anne Ferro said here Friday.
FMCSA Reverses Skills Test Rule for Truck Driving Schools
The rule prohibiting truck driving schools from skill-testing their own students has been reversed by the Federal Motor Carrier Safety Administration, American Trucking Associations said Tuesday.
March 26, 2013Idaho Ok’s Bills to Protect Truckers, Allow 129,000 lbs. on State Routes
Idaho Gov. C.L. “Butch” Otter (R) has signed two bills on critical issues for the trucking industry: protecting them against unfair shipping contracts and making permanent a 129,000-pound weight limit for trucks on 35 state routes.
E&MU: Turbo Maintenance: Keep It Cool, Keep It Lubed
Turbochargers are not typically a red-flag item on fleet maintenance agendas, but straying from routine service can set the stage for catastrophic failure, manufacturers and maintenance experts said.
March 26, 2013Old Dominion Boosts 1Q Tonnage Outlook
Old Dominion Freight Line said it has boosted its expectations for first-quarter tonnage growth, to 4.5% to 5% from a year ago, up from its previous guidance of 4% to 4.5% growth.
March 26, 2013Diesel Falls 4.1¢ to $4.006 a Gallon
Diesel fell for a fourth consecutive week, matching its 4.1-cent decline of a week ago in falling to $4.006 a gallon, while gasoline dipped, the Department of Energy reported.
March 26, 2013