Business

About Business News...

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.

Business

Congress Extends Highway Funds

With the House seemingly unable to agree on a new federal transportation funding program, Congress voted last week to extend existing funding levels for another 90 days, averting a shutdown of the nation’s highway safety and construction programs.

April 2, 2012
Business

FMCSA’s Safety Scoring Changes Ignite Industry Complaints

Changes to the Federal Motor Carrier Safety Administration’s safety ratings program that place additional emphasis on hazardous materials handling are apparently causing a steep spike in scores of some carriers with otherwise “exemplary” safety records, an executive with American Trucking Associations said last week.

April 2, 2012
Business

February Truck Tonnage Rises 5.5% on U.S. Manufacturing Strength

Truck tonnage posted a solid 5.5% gain in February from a year earlier, American Trucking Associations reported, continuing a pattern of steady growth that began in late 2009 and setting the stage for further expansion.

April 2, 2012
Business, Autonomous

Truck Stops, Fleets Respond to DEF Demand by Installing More Bulk Filling Dispensers

With demand for diesel exhaust fluid expected to double this year, truck stops and carriers say they are responding by installing bulk filling dispensers that will save fleets time and money.

April 2, 2012
Business, Technology

Safety Benefits, Fewer Crashes Confirmed in Federal Study of Truck Speed Limiters

Devices that electronically limit the top speed of trucks have “profound” safety benefits and significantly reduce speeding-related accidents, a federally sponsored study released last week found.

April 2, 2012
Business

FMCSA Official Says Truckers Will Be Hit for Detectable Chassis Safety Violations

SAN ANTONIO — An official with the Federal Motor Carrier Safety Administration said the agency will begin soon to count some chassis safety violations against truckers, the next step toward full implementation of federal chassis safety rules.

April 2, 2012
Business, Logistics

TIA Pushes Broad Offensive to Lower Brokers’ Liability

SAN ANTONIO — The Transportation Intermediaries Association has launched a broad offensive to reduce brokers’ liability in accident cases by using judicial, legislative and regulatory approaches.

April 2, 2012
Business, Fuel

DOE Considers Opening SPR, Official Says, as Diesel Rises 0.5¢

U.S. retail diesel prices edged up a half-cent a gallon last week, continuing a nine-week string of increases and bringing the national average to $4.147 a gallon, the Department of Energy reported.

April 2, 2012
Business

Obama Signs 90-Day Highway Bill Extension Following Congressional Passage

President Obama on Friday signed a 90-day extension of federal transportation funding that was passed by the House and Senate a day earlier, the Associated Press reported.

March 30, 2012
Business, Technology

Telogis Acquires Maptuit

Fleet management software company Telogis Inc. said it has acquired Maptuit, a provider of commercial vehicle navigation technology. Terms were not disclosed.

March 30, 2012