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.
FMCSA Expects Final Hours-of-Service Rule Within 30 Days
The Federal Motor Carrier Safety Administration expects to complete work on a final hours-of-service rule within the next 30 days, according to a joint report of the agency and plaintiffs in a federal lawsuit.
November 29, 2011Third Mexican Carrier Clears Preliminary U.S. Safety Review
A third Mexican carrier has passed preliminary safety review for operating in the United States under the two countries’ cross-border program, the Federal Motor Carrier Safety Administration said Tuesday.
November 29, 2011Diesel Slides Under $4 a Gallon; Gasoline Falls 6.1¢ to $3.307
Diesel took its biggest decline in two months, falling 4.6 cents to $3.964 a gallon, a week after it had topped $4 for the first time in six months, the Department of Energy reported.
November 29, 2011Consumer Confidence Jumps in November
Consumer confidence rose in November by the most since April 2003, the New York-based Conference Board said Tuesday.
November 29, 2011West Virginia Launches Online Trip Permits for Truckers
The West Virginia Division of Motor Vehicles announced Tuesday that trucking companies can now purchase 10-day trip permits online.
November 29, 2011DOT Sets Final Rule Banning Truck Drivers’ Use of Hand-Held Phones
The Department of Transportation announced a final rule that will ban interstate truck and bus drivers from using hand-held cellphones while operating their vehicles.
November 28, 2011Teamsters Sue to Block Cross-Border Mexican Trucks Program
The Teamsters union has filed suit in an attempt to block the Department of Transportation from opening the U.S. border to what it termed “dangerous” Mexican trucks through DOT’s cross-border pilot program.
November 28, 2011New Home Sales Rise 1.3%
New home sales rose 1.3% in October, the Commerce Department said Monday.
November 28, 2011Technology Firm E2open Expands Presence in China
E2open, a provider of cloud-based global supply chain technology, announced on Monday it has partnered with Shanghai Future Information Technologies Co., which will resell, operate and support E2open’s technology in China.
November 28, 2011Freight Tonnage Index Rises 5.7%
October truck tonnage rose 5.7% above year-ago levels, continuing a streak of nearly two years of continuous growth that has moved the freight barometer within hailing distance of the record level it hit almost seven years ago, according to American Trucking Associations.
November 28, 2011