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 Chairman Makes Trucking’s Case for Highway Bill at Congressional Hearing
American Trucking Associations Chairman Barbara Windsor told a congressional panel Tuesday that the trucking industry needs a new surface transportation bill, with a focus on highways, as soon as possible.
March 30, 2011Opinion: Setting Aside? Count Trucking In.
The U.S. transportation industry, which contains many hundreds of small businesses among the sizable firms, has a government champion: the Small Business Administration.
March 30, 2011Mica Optimistic on Long-Term Transport Bill
Rep. John Mica (R-Fla.), chairman of the House Transportation & Infrastructure Committee, told a group of shippers attending a Washington legislative policy forum Tuesday that he plans to get a long-term transportation reauthorization bill on the House floor sometime in May.
NAFTA Surface Trade Rises 19.5% in January
Surface transportation trade among the United States, Canada and Mexico rose 19.5% in January from a year earlier, the Department of Transportation said Tuesday.
March 29, 2011Diesel Price Resumes Climb, Rising 2.5¢ to $3.932 a Gallon
A week after falling for the first time in four months, diesel resumed its climb toward $4 a gallon, rising 2.5 cents to a national average of $3.932 at the pump, the Department of Energy reported.
March 29, 2011Volvo Begins Selling Heavy Hybrid Trucks in Europe
Volvo AB said Tuesday it has begun selling heavy-duty hybrid trucks in European markets.
March 29, 2011Consumer Confidence Hits Three-Year Low
Consumer confidence reached a three-month low in March, the New York-based Conference Board said Tuesday.
March 29, 2011WebTech Wireless Narrows Fourth-Quarter Loss
WebTech Wireless, a supplier of GPS location-based and fleet telematics services, reported a loss of C$3.55 million for the fiscal quarter ended Dec. 31, compared with a loss of C$7.26 million a year earlier.
March 28, 2011UAW Ratifies Five-Year Contract at Volvo’s Virginia Truck Plant
Volvo Trucks North America said United Auto Workers union members have ratified a five-year contract covering about 1,300 workers at its New River Valley heavy-duty truck plant in Dublin, Va.
March 28, 2011EPA Oversight of Diesel Grants Criticized
Ineffective oversight of the federal diesel emissions reduction grant program by the Environmental Protection Agency may have caused EPA to overstate the environmental benefits of the program, according to a new audit by the agency’s inspector general.
March 28, 2011