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.
ATA, Ala. Affiliate Disagree on State Law to Certify Training on Moving Metal Coil
American Trucking Associations and its affiliate in Alabama are at odds over the state’s certification requirement for truck drivers who transport metal coil, with the national federation arguing that the regulation should not be enforced and the state association supporting the requirement.
December 5, 2011As National Rail Strike Looms, Freight Customers Seek Options
U.S.-based freight railroads and their major customers, including intermodal fleets, raced last week to prepare for what could be the first nationwide rail strike in two decades as soon as Dec. 6.
December 5, 2011Diesel Slips Back Below $4 a Gallon
U.S. retail diesel prices slipped back below $4 a gallon last week, but the 4.6-cent decline in the national average price provided little comfort to truckers who are still paying 80 cents more a gallon than they were at this time last year.
December 5, 2011Truckers’ Handheld Cellphone Ban Takes Effect Jan. 3
The regulation banning truck drivers from using handheld phones while they drive will take effect Jan. 3, the Federal Motor Carrier Safety Administration said Friday.
December 2, 2011Railroads, Unions Reach Agreement, Avoiding Strike
Freight railroads reached labor agreements with two unions, averting a strike for the holiday shipping season, after U.S. lawmakers said they were prepared to intervene in the dispute, Bloomberg reported Friday.
December 2, 2011Unemployment Rate Falls to 8.6%; Trucking Adds 3,600 Jobs
The unemployment rate dropped in November to 8.6%, the lowest in more than two and a half years, while the economy added 120,000 jobs, including 3,600 trucking jobs, the Labor Department said Friday.
December 2, 2011Mica: No Highway Bill Until New Year
Rep. John Mica (R-Fla.) said this week he will not introduce a highway bill until next year, with the latest extension for transportation spending scheduled to run out March 31.
Intermodal Traffic Rises 3.7% for Week
U.S. intermodal traffic rose 3.7% for the week ended Saturday from a year ago, the Association of American Railroads reported.
December 2, 2011November Automobile Sales Increase
Chrysler Group LLC and Nissan Motor Co. led automakers in U.S. November sales gains as the industry headed for its best sales pace this year, Bloomberg reported.
December 2, 2011Ryder Expands Reverse-Logistics Capability
Ryder System has expanded its reverse-logistics business to include processing returns in the same facilities from which it forwards outbound shipments.
December 2, 2011