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.

Government, Business, Technology, Equipment

FMCSA Seeks Additional Comment on EOBR Rule

The Federal Motor Carrier Safety Administration is seeking additional public comment on its proposed mandatory electronic onboard recorders rule to help the agency ensure that motor carriers do not use the technology to harass or violate the privacy of truck drivers.

April 19, 2011
Business, Fuel

Diesel Rises Again, Climbing 2.7¢ to $4.105

Diesel fuel continued its five-month string of weekly increases, climbing 2.7 cents to $4.105 a gallon, the Department of Energy reported.

April 19, 2011
Business

Housing Starts Rise 7.2% in March

Housing starts rose 7.2% in March following a big drop in February, the Commerce Department said Tuesday.

April 19, 2011
Business, Logistics

England Logistics Chooses McLeod FMS

Third-party logistics provider England Logistics said Tuesday it has purchased McLeod Software’s Freight Management Solutions application.

April 19, 2011
Business

Wright Express Adds Security to Fuel-Tax Reporting System

Wright Express said it has added new security features to its truck-tracking and telematics package intended to prevent abuse of corporate fuel cards and simplify fuel-tax reporting.

April 19, 2011
Government, Business, Technology, Equipment

NPTC Board Backs Electronic Logging

CINCINNATI — The National Private Truck Council’s board of directors voted to support a federal proposal to require use of electronic logging devices to monitor driver compliance with hours-of-service rules.

Daniel P. Bearth | Staff Writer
April 18, 2011
Business

Rep. DeFazio Cites Concerns on Mexican Truck Program

Rep. Peter DeFazio (D-Ore.) has sent a letter to the Federal Motor Carrier Safety Administration asking the agency to address “serious concerns about the safety of Mexican trucks on U.S. roads and the potential loss of American jobs” related to the cross-border trucking program with Mexico.

April 18, 2011
Government, Business

Richard Ryan Named Truck Dealer of the Year

Richard Ryan, a South Carolina-based truck dealer, was named Truck Dealer of the Year by the American Truck Dealers this weekend in Phoenix.

April 18, 2011
Business

N.J. May Allow Big Rigs on Entire Garden State Parkway

New Jersey state transportation officials are considering whether to allow heavy trucks to travel on the entire Garden State Parkway, rather than just the portion allowed now, the Asbury Park (N.J.) Press reported.

April 18, 2011
Letters to the Editor, Business, Government, Safety

Letters: Hiring Veterans, EOBRs for Mexico

Thank you for your March 21 cover story, “Vets Make Valuable Employees, Several Motor Carriers Report.” There is no greater testament to the value that our military veterans bring to our industry than from those carriers with firsthand experience attracting, hiring and supporting them as they develop careers in transportation.

April 18, 2011