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, Technology

Wright Express Launches Fuel Site Locator App

Wright Express said it has launched a mobile application that uses up-to-date fuel prices and text-to-speech capability to help drivers locate the best fueling locations.

March 7, 2012
Business, Fuel

Oil Rises From Two-Week Low

Oil rose from a two-week low in early trading Monday on forecasts that U.S. fuel supplies are declining, Bloomberg reported.

March 7, 2012
Government, Business

Congress Continues Delay on Transportation Bill

Congress has again delayed voting on a transportation reauthorization bill, with House Republicans saying they want to rewrite their bill and senators on Tuesday voting against a measure to limit debate and amendments to their two-year, $109 billion bill.

Michele Fuetsch | Staff Reporter
March 6, 2012
Business

Quality, Apollo Offer 5 Million of Carrier’s Shares

Tank truck carrier Quality Distribution and one of its major shareholders launched a secondary offering of the Tampa, Fla., company’s common shares.

March 6, 2012
Government, Business, Safety

FMCSA to Set Rules on Detecting, Treating Drivers’ Sleep Disorders

WASHINGTON — The head of the Federal Motor Carrier Safety Administration said the agency will issue strict guidance to medical examiners later this year on how to detect and treat sleep disorders when administering physicals to truck drivers.

Eric Miller | Senior Reporter
March 6, 2012
Business

Daimler Recalling 110,000 Trucks

The National Highway Safety Administration said Daimler Trucks North America told the agency it is recalling more than 110,000 trucks because of potentially damaged engine fuel lines.

March 6, 2012
Business

TTNews Updates Limited Due to Snowstorm

Transport Topics’ Arlington, Va., offices are closed due to Wednesday’s snowstorm. News updates will be limited due to the storm and TT will resume full operations as soon as possible.

March 6, 2012
Business, Fuel

Diesel Rises Again, Gaining 4.3¢ to $4.094

Diesel rose for the eighth week in the past nine, gaining 4.3 cents to $4.094, its highest price in 10 months, while gasoline jumped again, the Department of Energy said.

March 6, 2012
Government, Business

Anti-Indemnification Passes in South Dakota

South Dakota last month became the 31st state to pass legislation protecting truckers from shipping contracts that require the carrier to shoulder all responsibility for accidents even though they may not be at fault.

Michele Fuetsch | Staff Reporter
March 6, 2012
Business

Utah House Votes to Overturn City’s Truck Idling Limits

A bill passed by Utah’s House of Representatives last month would overturn Salt Lake City’s ban on excessive idling and restrict the ability of other municipalities to pass similar ordinances.

Timothy Cama | Staff Reporter
March 6, 2012