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.
Highway Bill Deal Reached
Congress was set last week to pass new transportation legislation authorizing highway spending through September 2014, after House and Senate negotiators agreed on a bill that included a mandate for electronic onboard recorders for trucks and a study of the 34-hour restart provision in driver hours-of-service regulations.
July 2, 2012UPS to Add ‘Plastic’ Trucks to Existing Delivery Fleet
UPS said it has completed testing of its “plastic truck,” a composite-bodied vehicle that’s lighter and uses 40% less fuel than its current package cars, and will soon add 150 of the new vehicles to its delivery fleet.
July 2, 2012Research Cites ‘Driver-Related Factors’ With Third of Truckers in Fatal Crashes
Roughly one-third of the 3,446 truck drivers involved in fatal accidents in 2010 were cited in police accident reports for such contributing “driver-related factors” as speeding, fatigue and inattention, a senior federal transportation researcher said.
July 2, 2012Border Plan Starts Second Year; Participation Remains Low
A year after U.S. officials agreed to allow Mexican trucks into the country, only four Mexican carriers are participating, far below the number the United States has said would be needed to judge the safety of Mexican trucks.
July 2, 2012Daimler’s Detroit Unit Unveils Upgrades to 2013 Heavy-Duty Truck Engine Line
DETROIT — Detroit Diesel Corp. announced a series of enhancements to its 2013 Detroit heavy-duty truck engines that are designed to improve their fuel efficiency and reduce the cost of running and maintaining them.
July 2, 2012Diesel Dips Another 5.1¢ to 16-Month Low of $3.678 Per Gallon
Retail diesel prices tumbled another 5.1 cents to $3.678 last week, the lowest level in 16 months, the U.S. Department of Energy reported.
July 2, 2012House Measure Would Block Mandated Use of EOBRs
The House on Friday passed a transportation spending measure that would block rules requiring electronic onboard recorders on trucks.
Intermodal Traffic Rises 4.2% for Week
U.S. intermodal traffic rose 4.2% for the week ended Saturday from a year ago, the Association of American Railroads said.
June 29, 2012ATA Praises Congressional Action on Highway Bill
American Trucking Associations praised the House-Senate conference committee that came to a consensus on a new highway bill, saying it “lays a solid foundation for addressing America’s need for an efficient goods movement network.”
June 29, 2012Chicago Manufacturing Activity Rises
Manufacturing activity in the Chicago area increased in June, the Institute for Supply Management-Chicago said Friday.
June 29, 2012