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.
U.S.-Canada Trade Agreement May Begin to Benefit Trucking This Year, Execs Say
Trucking executives said the industry could see some benefits of the recently announced U.S.-Canadian trade agreement as early as this year.
January 5, 2012Schneider National to Open Intermodal Training Center
Schneider National said it will open a new training center for drivers in its intermodal unit as the carrier pursues expansion of truck/rail business by hiring 160 drivers.
January 5, 2012Maryland Adds Shelter Spots in Snow
Maryland’s Department of Transportation, working with the Maryland Motor Truck Association, said it has created a pilot program for truckers to use commuter park-and-ride lots to park when snowfalls exceed 6 inches.
January 5, 2012HOS Revision Presents Plethora of Enforcement Problems, Safety Officials Say
The U.S. government’s new hours-of-service rule for truck drivers presents a host of problems for those tasked with enforcing it, according to safety enforcement officials.
January 5, 2012Diesel Dips 0.8¢ to $3.783 in Sixth Decline
Diesel dipped 0.8 cent to $3.783 a gallon, its sixth straight decline, while gasoline had its biggest increase since October, the Department of Energy reported.
January 4, 2012Factory Orders Rise in November
Factory orders increased 1.8% in November, the biggest gain in four months, the Commerce Department said Wednesday.
January 4, 2012Yokohama to Raise Truck Tire Prices By Up to 8%
Yokohama Tire Corp. said it will raise prices on its U.S. commercial vehicle tires by up to 8%, effective Feb. 1.
January 4, 2012iTECH: Technology Firms ‘Harvest’ Data for New Software
Data amassed for safety and maintenance applications are being repurposed in software that can help fleets improve driver performance and bottom-line results, according to technology developers and transportation company officials.
January 4, 2012Oil Jumps More Than $4 to Near $103 a Barrel
Oil rose more than $4 to almost $103 a barrel Tuesday, a seven-month high, on signs of stronger manufacturing activity in the United States, China and India, Bloomberg reported.
January 3, 2012Illinois Truck Speed Limit Rises to 65 mph
Illinois’ law allowing truckers in most parts of the state a 65-mph speed limit took effect Sunday.
January 3, 2012