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

Gasoline Price Rises 9¢ to $3.70 a Gallon, Lundberg Survey Says

Gasoline’s national average price rose 9 cents in the past two weeks to an average $3.70 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

July 25, 2011
Business

Some Midwest Roads, Rails Buckling in Heat Wave

The ongoing heat wave over much of the country is causing railroad rails and asphalt roads in some Midwestern states to expand and buckle, forcing transportation officials to make repairs and railroads to pay close attention to their tracks’ safety, the Associated Press reported.

July 25, 2011
Business

Key Senate Panel Says Support Is Growing For Two-Year Highway Reauthorization Plan

WASHINGTON — Leaders of a key U.S. Senate committee said bipartisan support for their two-year transportation reauthorization plan is growing, although they have yet to introduce a bill.

July 25, 2011
Business

N.Y.C. Launches Traffic Program to Limit Traffic Jams

New York City is hoping to ease midtown Manhattan traffic congestion with new technology that will track the flow of vehicles and allow engineers to control traffic lights in real time, the Associated Press reported.

July 25, 2011
Business, Technology

EnviroDock Installs E-Docks For Trucks at Tennessee Plaza

EnviroDock Inc. has completed a truck-stop electrification project at the TR Auto Truck Plaza in Dandridge, Tenn., marking the latest installation of technology designed to reduce idling and enhance driver comfort.

July 25, 2011
Business

YRC Says It Will Post Profit During Second Half of 2011

YRC Worldwide Inc. expects to earn its first profit from operations since 2007 in the second half of 2011, the less-than-truckload carrier said.

July 25, 2011
Business, Technology

Hirschbach to Use System From StarTrack

StarTrak Information Technologies LLC said truckload carrier Hirschbach Motor Lines Inc. has begun deploying the supplier’s Sentry communications system on refrigerated trailers.

July 25, 2011
Letters to the Editor, Business, Safety, Government

Letters: Surety Bonds, Road Safety

I am writing regarding my opposition to the recent bill in Congress to raise broker surety bonds to $100,000 (“Bill Would Mandate Bond of $100,000 for Brokers,” 7-4, p. 3).

July 25, 2011
Editorial, Business

Rebuilding the Fleet

Class 8 truck sales and orders have continued to outpace the expectations of analysts and company executives, creating a round of hiring at truck plants and a healthy backlog of orders that should keep the plants busy for months to come.

July 25, 2011
Business, Government, Logistics

Judge Orders Review of Deal Between Long Beach Port, ATA

A U.S. District Court in California reopened the nearly two-year-old arrangement that regulates truck environmental standards at the Port of Long Beach, part of the nation’s busiest container complex.

July 25, 2011