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.
ATA Endorses Electronic Logs to Check Driver Hours of Service
American Trucking Associations last week endorsed a federal proposal that trucking companies use electronic logging devices to monitor driver compliance with the hours-of-service rule.
April 11, 2011Patent-Holding Company Files Lawsuit Against More Than 200 Trucking Fleets
A patent-holding company has filed suit against more than 200 motor carriers, alleging those fleets infringed upon a patent it holds by using certain tracking and communications systems in their trucks, according to court documents.
April 11, 2011Total Highway Deaths Fall 3% in 2010
The total number of people killed in traffic accidents in the United States in 2010 declined 3% from a year earlier, despite the fact that Americans drove about 20.5 billion more miles, the National Highway Traffic Safety Administration reported.
April 11, 2011Diesel Prices Up 4.4¢ to $3.976 as Economy Stokes Demand
The diesel-price spike continued last week, as the U.S. retail average rose another 4.4 cents to $3.976 a gallon, the Department of Energy reported.
April 11, 2011Oil Jumps to Top $112 a Barrel
Oil prices continued to spike Friday, jumping $2.49 to finish the trading week over $112 a barrel on continued concerns over Libya’s civil conflict, Bloomberg reported.
April 8, 2011Intermodal Traffic Jumps 19.4% for Week
Intermodal traffic jumped 19.4% last week compared from a year ago, the Association of American Railroads reported.
April 8, 2011ATA Backs Electronic Logging to Monitor Drivers’ Hours
American Trucking Associations is endorsing a federal proposal that trucking companies use electronic logging devices to monitor drivers’ compliance with hours-of-service rules
April 8, 2011Wholesale Inventories Rise 1%; Sales Fall
Wholesale inventories rose in February while sales fell for the first time in eight months, the Commerce Department said Thursday.
April 8, 2011Obama Seeks More Funds for Clean-Fuel Fleets
President Barack Obama’s call last week for U.S. companies to add more alternative-fuel vehicles to their fleets did not provide more money for new trucks, but he is seeking funds to aid fleets’ purchases, Bloomberg reported Friday.
April 8, 2011Radiant Logistics Plans Purchase of DBA Distribution Services
Third-party logistics provider Radiant Logistics, Bellevue, Wash., said it agreed to acquire DBA Distribution Services, a Somerset, N.J. air-freight forwarder, for $12 million in cash and debt.
April 8, 2011