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.

Letters to the Editor, Business

Letters: New HOS Rules, Tolls Cartoon

The new hours-of-service rules passed recently by the Federal Motor Carrier Safety Administration are a concern for us because our drivers rely on the 34-hour reset as it stands now.

January 23, 2012
Business, Fuel

Gasoline Gains 3.5¢ to $3.39, Lundberg Says

Gasoline rose 3.5 cents in the past two weeks to a national average $3.39 per gallon, according to the latest Lundberg Survey of filling stations released Sunday.

January 23, 2012
Business

Labor Talks With Postal Unions Reach Impasse

Contract talks with two unions representing 242,000 letter carriers and mail handlers are at an impasse and a mediator may be called in to resolve differences, Bloomberg reported Monday.

January 23, 2012
Editorial, Business, Logistics

Editorial: Trucking Visionary Don Schneider

This Editorial appears in the Jan. 23 print edition of Transport Topics. Click here to subscribe today.

January 23, 2012
Business

Highway Trust Fund Hurt by Tax Revenue Losses

Mirroring the devastation the recession wreaked on the trucking industry, revenue from taxes truckers pay to support the nation’s highway system plummeted during the global crisis and has yet to fully recover.

January 23, 2012
Business

DTNA Tells Details of Plans for Drivetrain Unit, Axle Line

MIAMI BEACH, Fla. — Officials of Daimler Trucks North America revealed details about their plans to turn what formerly had been known as Detroit Diesel into an integrated drivetrain brand, offering information on its new axle line and saying it soon would begin selling automated mechanical transmissions.

January 23, 2012
Business, Logistics

Trucking Industry Legend Don Schneider Dead at 76

Don Schneider, chairman emeritus and former president and CEO of Schneider National Inc. — and one of the nation’s most influential trucking executives — died Jan. 13 in De Pere, Wis., after a long battle with Alzheimer’s disease. He was 76.

January 23, 2012
Business, Government, Safety, Autonomous

Ferro Defends Restart Change, Vows to Pursue 10-Hour Limit

The federal government’s chief truck overseer defended her agency’s controversial changes to the 34-hour restart provisions of the hours-of-service rule and vowed to continue efforts to cut the hours drivers may be behind the wheel.

January 23, 2012
Business, Autonomous

December Truck Sales Soar 78%

U.S. truckers closed out the year with a surge of heavy-duty truck buying that led to the highest-volume month and highest-volume year since 2006, according to data from WardsAuto.com. Sales boomed 78.3% in December and 59.9% for the year, compared with 2010.

January 23, 2012
Business

Top ATA Attorney Digges Will Retire After 28 Years in Defense of Trucking

Robert Digges Jr., vice president and chief counsel for American Trucking Associations and a top attorney for ATA’s Litigation Center, is retiring from his post effective Jan. 27, ATA announced last week.

January 23, 2012