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.

Perspective, Business, Government, Safety

Opinion: Across the Great ELD Divide

Large and small carriers increasingly find themselves on opposite sides of a widening gulf when the topic is electronic logging devices — particularly when the issue is whether or not ELDs should be required by government mandate.

June 10, 2011
Government, Business

Former FMSCA Official Hits Studies Used in HOS Rule Analysis

A former Federal Motor Carrier Safety Administration official is taking aim at four studies the agency used to support its hours-of-service proposed rule, American Trucking Associations said Thursday. 

June 9, 2011
Business

Three-Day Roadcheck Wraps Up Thursday

Roadcheck 2011, the annual three-day concentrated inspections of trucks and buses in North America, wraps up Thursday, the Commercial Vehicle Safety Alliance said.

June 9, 2011
Business

U.S. Trade Deficit Narrows in April as Exports Hit Record

The U.S. trade narrowed by 6.7% in April as automobile and oil imports declined and exports rose to a record, the Commerce Department said Thursday.

June 9, 2011
Business, Safety

ATA, OOIDA Call on NHTSA to Examine Truck Crashworthiness Standards

American Trucking Associations and the Owner-Operator Independent Drivers Association have together written to the National Highway Traffic Safety Administration asking the agency to begin researching how standards for crashworthiness for heavy trucks could benefit professional truck drivers.

June 9, 2011
Business

Wholesale Inventories Rise 0.8%

Wholesale inventories rose 0.8% in April as auto stockpiles took their biggest drop in more than a year, the Commerce Department said Thursday.

June 9, 2011
Business

Initial Jobless Claims Increase By 1,000

Initial jobless rose by 1,000 to 427,000 last week, the Labor Department said Thursday.

June 9, 2011
Business

FedEx Boosting Dividend

FedEx Corp. said it will raise its dividend by a penny to 13 cents a share on July 1, for shareholders of record as of June 17.

June 9, 2011
Government, Business

Transportation Sector Activity Was Mixed in April and May, Fed ‘Beige Book’ Report Says

The U.S. economy generally improved in April and May, though some areas showed deceleration and transportation services were mixed, the Federal Reserve said Wednesday.

June 8, 2011
Business

DOT Freight Index Rose 3.7% in April

The Department of Transportation said Wednesday its freight transportation services index rose 3.7% in April from a year ago.

June 8, 2011