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.

Business

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, 2011
Business

Third 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, 2011
Business, Fuel

Diesel 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, 2011
Business, Government, Logistics

Consumer 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, 2011
Business

West 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, 2011
Business, Safety

DOT 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, 2011
Business

Teamsters 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, 2011
Business

New Home Sales Rise 1.3%

New home sales rose 1.3% in October, the Commerce Department said Monday.

November 28, 2011
Business, Technology

Technology 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, 2011
Business

Freight 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