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.
E&MU: Tire Makers Refine Compounds to Improve Durability, Mileage
Recent advances in rubber compounding processes have helped make tires more durable and fuel efficient, according to manufacturers who compare the techniques to the culinary arts.
May 14, 2012San Francisco Bay Area Truck Tolls to Rise Again
Multi-axle vehicles including heavy-duty trucks will be paying higher tolls to cross San Francisco area bridges starting July 1, the Vallejo (Calif.) Times Herald reported.
May 14, 2012FedEx to Sell Japan Office Business to Konica
FedEx Corp. will sell the Japanese operations of its Office unit, the retail business formerly known as Kinko’s, to Konica Minolta Holdings, Bloomberg reported.
May 14, 2012Editorial: Life Is Good
There was some interesting advice offered by two of our industry’s best-known economists last week to fleet executives who were attending the National Tank Truck Carriers annual conference in San Francisco.
May 14, 2012Opinion: Why an EOBR Mandate Is a Bad Idea
The Federal Motor Carrier Safety Administration continues to be dead set on forcing every commercial vehicle in the United States to carry an electronic onboard recorder — better known as an EOBR — despite the device’s hefty price tag and general uselessness as a safety tool.
May 14, 2012ATA’s Graves Cites Transportation Needs as Election-Year Casualty, Blasts Parties
ARLINGTON, Va. — American Trucking Associations President Bill Graves blasted federal lawmakers in a recent speech, telling an audience of a shippers’ association here that the upcoming election has halted the legislative process and Republicans’ pushes to decrease the federal role in transportation are missing the mark, among other criticisms.
May 14, 2012Daimler Bets Big on India’s Booming Truck, Bus Market
CHENNAI, India — The world’s largest commercial vehicle maker, Daimler AG, is making one of its biggest-ever bets by pouring $850 million into production and sales operations here, in what is now the world’s fastest-growing market for trucks and buses.
May 14, 2012Industry Seeks Relief from FMCSA Policy in Crashes When Truckers Are Not at Fault
Royce Brooks, an experienced tank truck driver, was hauling gasoline to Lockhart, Texas, south of Austin, when a BMW driver blew through a stop sign and a flashing red light.
May 14, 2012Analysts View Truck Orders Dip as ‘Pause’ in Growing Market
The decline in truck orders — including the 55% drop last month compared with a year ago and declines in the previous three months — represents a “pause” in the fleet replenishment process rather than a sign of fundamental market weakness, several analysts and dealers have said.
May 14, 2012Trucking’s Recovery Is Sound, Likely to Last, Economists Say
SAN FRANCISCO — Two of trucking’s leading economists said last week the industry’s economic recovery was well under way and should continue for at least several more years.
May 14, 2012