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.
ISM Manufacturing Index Hits 6-Month High
December U.S. manufacturing activity rose to the highest level since June, the Institute for Supply Management said Tuesday.
January 3, 2012Construction Spending Rises in November
Construction spending rose 1.2% in November, the third increase in four months, the Commerce Department said Tuesday.
January 3, 2012Oregon Truck Anti-Idling Law Takes Effect
A new Oregon law that restricts truck idling took effect Sunday, the Associated Press reported.
January 3, 2012Meritor Sells French Axle Operation to Renault Trucks
Truck components maker Meritor Inc. said Monday it sold the assets of its axle manufacturing operation in Saint Priest, France, to Renault Trucks SAS. Terms were not disclosed.
January 3, 2012N.J. Turnpike Tolls Increase
Truck tolls for the New Jersey Turnpike and Garden State Parkway rose by about 50%, effective Jan. 1.
January 3, 2012Letters: Wheel Corrosion, Truck Fatalities, Deregulation Nafta & Driver Safety
I have attended several meetings of American Trucking Associations’ Technology & Maintenance Council where participants have stated they simply want to know how many years a component will last.
January 2, 2012Editorial: Happy New Year
There is reasonable cause for people in trucking to be optimistic in 2012. It looks like the economy’s recovery from the long and deep recession is gaining strength, so trucking can look forward to increasing demand.
January 2, 2012Opinion: The Bathwater, Not the Baby
Don’t throw the baby out with the bathwater!” We have all heard this saying at some point in our lives. I was reminded of it recently, when I was researching the 2012 year-end W2 and 1099 reporting requirements.
January 2, 2012HOS Rule Keeps 11th Hour
Federal regulators retained the 11-hour driving limit for truck drivers, reversing their stated preference for 10 hours and rejecting arguments from labor and safety advocates that a change would reduce crash risk.
January 2, 2012Nation’s Freight May Push Capacity Limits, Helping Boost Carrier Profits, Experts Say
Even as expectations for the nation’s economic growth remain subdued, trucking may be on the cusp of one of its most profitable rides ever as freight demand in 2012 pushes against the limits of industry capacity, according to industry experts.
January 2, 2012