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

Grants for On-Road Weigh Scales Suspended

A federal grants program aimed at helping states acquire the technology to speed trucks through weigh stations has been temporarily shut down after the federal agency administering the program learned it had obligated $23 million more in program funding than was authorized by law, according to a new government audit.

Eric Miller | Senior Reporter
May 17, 2011
Business

Former Roadway CEO Mike Wickham Wins ATA’s S. Earl Dove Award

American Trucking Associations said Monday it has given its highest award to Mike Wickham, former president and CEO of Roadway Corp. and the founding chairman of the American Transportation Research Institute.

May 16, 2011
Business

TA Launches Phone App for Android Users

TravelCenters of America, the second-largest U.S. truck-stop chain, said it launched a version of its TruckSmart mobile software for Google Inc.’s Android operating system.

May 16, 2011
Business, Equipment

Marmon Highway Technologies Alters Brake, Wheel End Lines

Manufacturer Marmon Highway Technologies is reorganizing to increase its production brake and wheel end components and systems for heavy-duty tractors and trailers, the Cullman, Ala., company said May 2.

May 16, 2011
Business, Technology

TMC Fall Meeting Set for September

The role of engine oil in fuel efficiency, maintenance challenges for intermodal operations, disaster recovery planning, and coatings for corrosion protection are among the topics on the wide-ranging agenda for the fall meeting of the Technology and Maintenance Council of American Trucking Associations.

May 16, 2011
Business, Government

N.Y. Manufacturing Index Slows, But Shows Expansion

Manufacturing activity in the New York region improved in May, but at a slower pace than April, the Federal Reserve Bank of New York said Monday.

May 16, 2011
Business, Fuel

Oil Falls Below $98 a Barrel

Oil fell almost $2 in early trading Monday to below $98 a barrel on speculation that a cooling U.S. economy will lower fuel demand, Bloomberg reported.

May 16, 2011
Letters to the Editor, Business

Letters: Broker Surety Bill, Pallets, Drivers

This is in regard to your April 18 issue, which includes an article about the Transportation Intermediaries Association, American Trucking Associations and the Owner-Operator Independent Drivers Association all supporting a broker surety bill.

May 16, 2011
Editorial, Business

A Welcome ‘No’ to a VMT Tax

The news from the Obama White House that it has no intention of pursuing a new tax regime based on the number of miles vehicles travel is most welcome for the trucking industry.

May 16, 2011
Business, Logistics

P&G Refugee Says ‘Hogan’s Heroes’ Inspired Him to Save Sunny Delight

Billy Cyr, a 19-year veteran executive with Procter & Gamble Co., had 90 days to begin the transformation of a struggling, spun-off subsidiary into the beginnings of a prosperous stand-alone beverage company, so he sought inspiration from a muse.

May 16, 2011