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.
Fleets Turn to New Technology, Natural Gas to Reduce Expenses During Slow Growth
BOCA RATON, Fla. — Executives with both for-hire and private fleets said they increasingly are turning to cost-saving technologies and natural gas to reduce expenses in a slow-growth economy.
August 21, 2012FedEx Improves Vehicle Fuel Efficiency 16.6%
FedEx Corp. has increased its vehicle fuel efficiency by 16.6% from 2005 levels, due in part to the use of all-electric vehicles and hybrid fuel vehicles, the company said Monday.
August 20, 2012Ohio Turnpike Cracks Down on Toll Cheats
The Ohio Turnpike has put an end to a system under which some truckers would avoid tolls on the road, the Associated Press reported.
August 20, 2012Oil Holds at Three-Month High Over $96
Oil held at a three-month high over $96 a barrel Monday, as European leaders were set to meet to discuss ways to combat their ongoing debt crisis, Bloomberg reported.
August 20, 2012Opinion: Read the Fine Print of That Insurance Policy
If some enterprising psychologist hasn’t done so already, an intriguing study could be conducted on why so many otherwise intelligent people have never managed to read all of a warranty, a homeowner’s insurance policy or even the instruction manual that came with the latest piece of pricey electronic equipment.
August 20, 2012Letter: Big Brother Is Here
I feel like I’m the only truck operator who believes the feds are trying to control every facet of my life. It’s not just that electronic onboard recorders or EOBRs or whatever you call them are an intrusive invasion into my company and our drivers’ lives.
August 20, 2012Editorial: Superior Effort, Superior Results
Cheering squads, trophies and yellow ducks notwithstanding, there is a very serious aspect to the National Truck Driving Championships.
August 20, 2012ATA Seeks Quick Action on DOT E-Log Mandate
Bill Graves, president of American Trucking Associations, urged the Department of Transportation to quickly begin a rulemaking process that would mandate electronic logging devices on all trucks.
August 20, 2012Nevada’s Smithen Wins Inspectors Title by Besting 49 Others at CVSA Contest
MINNEAPOLIS — Nevada Highway Patrol trooper Christopher Smithen admits he’s been feeling a little uncomfortable with the flood of compliments he’s received since being named the top commercial enforcement inspector in North America earlier this month.
August 20, 2012Heavy-Duty Truck Sales Rise 27.4% in July
U.S. retail heavy-duty truck sales rose 27.4% to 16,421 in July, continuing a 17-month trend of double-digit expansion, according to the latest survey from WardsAuto.com.
August 20, 2012