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, Fuel

Diesel Dips 0.6¢ to $3.862 for First Drop in Three Weeks

Diesel and gasoline each declined for the first time in three weeks, with diesel slipping 0.6 cent to $3.862 a gallon, the Department of Energy said.

September 13, 2011
Business, Technology

Rair Names Lofy CEO, Promotes Two Executives

Rair Technologies LLC, a provider of safety and compliance services to the transportation industry, has named a new CEO and promoted two executives.

September 13, 2011
Business

Congress Eyes Extension of Surface Transportation Law

House and Senate leaders said they have reached an agreement on a temporary extension of the nation’s surface transportation law that will avert a shutdown like the one last month of the Federal Aviation Administration.

Michele Fuetsch | Staff Reporter
September 12, 2011
Government, Business, Safety

DOT Will Take Public Comments on Mexican-Carrier Safety Audits

The Department of Transportation said Monday it will accept public comments through Sept. 22 on safety authorizations of Mexican carriers to operate in the United States beyond a 25-mile border zone.

September 12, 2011
Business

I-64 Bridge Between Indiana and Louisville Closed for Repairs

Indiana and Kentucky officials have set detour routes after closing a key bridge that crosses the Ohio River between the two states on Interstate 64.

September 12, 2011
Business, Technology

Comdata, Love’s Roll Out Cardless Fueling Programs

The use of cardless fueling systems continues to expand, as two more companies embraced radio-frequency identification technology, or RFID, to streamline the fueling process.

Greg Johnson | Staff Reporter
September 12, 2011
Business, Logistics

Pacer Sets Expanded Mexico Intermodal Service

Pacer International said Monday it is expanding its Mexico Direct double-stack intermodal service between Chihuahua, Mexico and key markets in the U.S. and Canada.

September 12, 2011
Business, Technology

NTSB Urges Changes to Cargo Tankers

The National Transportation Safety Board told federal regulators they can reduce the number of cargo tanker rollovers if  they mandated roll stability technology and improved cargo tank design.

September 12, 2011
Business, Fuel

Shippers Cite Steady Demand, Are Optimistic on Rest of 2011

NEW YORK — Shippers from the retail, building products and chemical industries said that demand has remained steady in recent weeks, a sign the second half of 2011 will not be as weak as some economists have suspected.

September 12, 2011
Business, Autonomous

Trucking Plays Key Role in Three-Way Teamsters Race

Trucking is playing an important role in the battle to lead the Teamsters union, as incumbent James Hoffa touts success in saving YRC Worldwide Inc. and challengers Sandy Pope and Fred Gegare lambaste him for failing to organize more freight haulers.

September 12, 2011