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, Government, Business, Technology, Equipment

Letters: Outlaw EOBRs, Truck Phone Bans

Of course, concerns persist about electronic onboard recorders (“FMCSA Drops Its 2012 Electronic Log Rule Aimed at Carriers With Major HOS Offenses,” 11-21, p. 3). EOBRs are unconstitutional and should be outlawed.

December 5, 2011
Business

Heavy-Duty Engine Makers Push 13-Liter Models

Several heavy-duty truck manufacturers have succeeded in their drive to make 13-liter engines their new main on-highway power plant, according to R.L. Polk & Co. data, although some engine makers and fleets said 15-liter models will hold their own.

December 5, 2011
Editorial, Business

Editorial: Another Highway Bill Pothole

Yes, there has been some new movement on Capitol Hill in the drive to get a highway funding bill through and into law. But don’t pop the champagne just yet: the “movement” is simply Congress kicking the can down the road once again.

December 5, 2011
Business

Daimler China Deal Won’t Include High Tech

TOKYO — Daimler AG will not have to give away advanced engine and vehicle technologies as part of its new joint venture with a Chinese truck maker because China’s emissions standards are behind Europe’s, and the market is not ready for the more advanced products, the head of Daimler Trucks said last week.

December 5, 2011
Business

Used Truck Registrations Remain Flat; Rigs Cost More, Have Higher Mileage

Registrations of used trucks barely increased in the first nine months of this year, while tight supplies of them forced buyers to pay 19% more than they did last year for trucks with higher mileage, according to market researchers.

December 5, 2011
Business

Brokers Say DOT Agencies Fail to Share Data

A lack of information-sharing between two Department of Transportation agencies with safety responsibilities is jeopardizing the safety of hazardous materials shipments, the head of the freight brokers’ trade association said.

December 5, 2011
Business

Truckers Risk Stiff Fines, Losing Their CDLs by Using Handheld Cellphones While Driving

Truck drivers will face fines of up to $2,750 for using handheld phones while driving and suspension or revocation of their commercial driver licenses for repeat offenses, under a regulation announced last month.

December 5, 2011
Business

Harsh Road Chemicals Clear Ice and Snow, But Increase Wheel Corrosion, Experts Say

The life expectancy of heavy-duty truck wheels depends primarily on where a truck runs, with regions where roads are subjected to chemicals that are used to reduce ice and snow creating the biggest problems, according to experts.

December 5, 2011
Business

Mica Won’t Submit Highway Bill Until January

House Transportation Committee Chairman John Mica (R-Fla.) said last week that he would not introduce a transportation reauthorization bill until next year, dashing hopes of proponents to get a bill through to replace the funding that expired in 2009.

December 5, 2011
Business

Executives Say HOS Cut Adds Costs, Aggravates Shortage of Drivers

WASHINGTON — A federal move to cut truck drivers’ working hours would be very costly and exacerbate a shortage of drivers, while putting more trucks on the road, a panel of industry executives told Congress last week.

December 5, 2011