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.
Senate Bill Would Restore Federal Oversight for Bridge, Tunnel Toll Prices Nationwide
Tolls on bridges and tunnels would be subject to federal oversight under legislation introduced in Congress during December.
January 2, 2012November Tonnage Rises 6% in 24th Straight Monthly Gain
Truck tonnage rose 6% in November from the levels of a year ago, riding a wave of growth sparked by manufacturing demand and inventory restocking, American Trucking Associations reported.
January 2, 2012Used-Truck Sales Down in November; Short Supply, High Prices Are Blamed
Used-truck sales declined in November, the result of both a lack of supply and increasing buyer resistance to high prices, according to two trucking-industry research groups.
January 2, 20122011 TCA ‘Angel’ Rescued Woman, Her Babies
Marc Beam, the Truckload Carriers Association’s 2011 Highway Angel, is the type of person who saves the lives of a woman and two babies on a dark August night and doesn’t immediately tell anyone about it.
January 2, 2012Navistar's 4Q Profit Jumps; OEM Reports Shortage of Castings
Profit surged at truck and engine maker Navistar International Corp. during the fiscal fourth quarter as its three main divisions — trucks, engines and parts — all posted stronger results.
January 2, 2012Trailer Orders Up 29.5% in November, ACT Says
Customers ordered 28,393 new trailers in November, a 29.5% increase from the same month a year earlier and the largest monthly total since March 2006, ACT Research Co. said.
January 2, 2012ATA Asks Supreme Court to Review Rulings on Portions of L.A. Port’s Clean Truck Plan
Attorneys for American Trucking Associations have asked the U.S. Supreme Court to review a federal appeals court decision that rejected the Port of Los Angeles’ employee-driver plan but left standing several other “burdensome” requirements for carriers.
January 2, 2012Diesel Fuel Ends Year at $3.791 as Refineries Ramp Up Output
Diesel fuel prices tumbled more than 10 cents during the final two weeks of 2011, the Department of Energy reported, as refineries continued ramping up production.
January 2, 2012