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.
Diesel Declines 4.2¢ to $4.088
Retail diesel prices declined for the second consecutive week — from $4.13 a gallon to $4.088 — raising hopes that the price might not stay above $4 for long.
March 18, 2013Appeals Court Hears Challenges, Defense of HOS Rule
WASHINGTON — The federal government told an appeals court that industry objections to its latest changes to the hours-of-service rules for truck drivers boil down to “simple scientific disputes” and that the government should be free to use its discretion in such cases.
FMCSA Offers Some Farmers HOS Exemption
A rule published Thursday by the Federal Motor Carrier Safety Administration expands the distance that drivers hauling agricultural products, livestock, machinery or supplies to or from farms can travel under the hours-of-service exemption for the agriculture industry.
Industrial Production Rises by Most in Three Months
Industrial production rose by 0.7% in February, the most in three months, the Federal Reserve said Friday.
March 15, 2013Intermodal Traffic Rises 4% for Week
U.S. rail intermodal traffic rose 4% to 235,174 units last week over the same week a year ago, the Association of American Railroads said.
March 15, 2013Consumer Confidence Falls in March
Consumer confidence fell in March, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
March 15, 2013Consumer Price Index Rises for First Time in Four Months
The consumer price index rose for the first time in four months, the Labor Department said Friday.
March 15, 2013Manufacturing in New York Expands For Second Month
Manufacturing activity in the New York region expanded in March, for the second consecutive month, the Federal Reserve Bank of New York said Friday.
March 15, 2013DEF Average Holds at $2.79 a Gallon
U.S. retail pump prices for diesel exhaust fluid remained steady in February at $2.79 a gallon, the third straight month they have held at that level, according to the latest DEF Tracker released this week.
March 15, 2013Insurance Group Says Tests Raise Concerns About Trailer Underride Guards
The Insurance Institute for Highway Safety said Thursday that new tests show potential weaknesses in current underride guards on tractor-trailers.
March 14, 2013