Business
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.
Senators Propose Drug-Testing Database
Sens. Mark Pryor (D-Ark.) and John Boozman (R-Ark.) introduced a bill last week that would establish a database of drug testing information for truck and bus drivers.
April 12, 2011Truck-Involved Highway Fatality Rate Falls to Record Low
The rate of highway fatalities from accidents involving large trucks fell 14.1% to the lowest level on record, according to an American Trucking Associations analysis of Department of Transportation data.
April 12, 2011Texas May Boost Some Highway Speed Limits to 85-mph
The Texas House has given final approval to a bill that could raise the speed limit on some highways to 85 mph, the Associated Press reported.
April 12, 2011Senators Introduce Bill to Boost Truck Weights
Four U.S. senators have introduced legislation to allow states to increase truck weights to 97,000 pounds.
April 12, 2011Diesel Jumps a Dime to Top $4 a Gallon
Diesel’s national average jumped over $4 for the first time since September 2008, gaining 10.2 cents to $4.078 a gallon, the Department of Energy said Monday.
April 12, 2011March Import Prices Rise 2.7%
The price of goods imported to the United States rose 2.7% in March, the Labor Department said Tuesday.
April 12, 2011U.S. Trade Deficit Narrows 2.6%
The U.S. trade deficit narrowed by 2.6% in February from a seven-month high in January as import demand declined, the Commerce Department said Tuesday.
April 12, 2011DOT Releases Details on Mexican Truck Proposal
A plan to allow Mexican trucks access to U.S. highways would begin as a pilot program that would not exceed three years, the Federal Motor Carrier Safety Administration said Friday.
April 11, 2011Hub Group Expands Business Offerings With $83 Million Purchase of Exel Unit
Hub Group Inc. on April 4 said it purchased Exel Transportation Services, another third-party freight provider, for $83 million to expand its business offerings.
April 11, 2011iTECH: Solutions for Container Tracking
For fleets that never get near the water, maritime community jargon like “heavy metal,” “cans” and “boxes” could easily be mistaken for slang terms for a music style, headphones, or minivan designs.
April 11, 2011