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, Fuel

Clean Energy to Provide CNG at Atlanta-Area Stations

Clean Energy Fuels Corp. has agreed to establish compressed natural gas facilities at the Atlanta-area fuel stations of PS Energy Group.

March 28, 2011
Business

UAW Approves Three-Year Contract at Dana

About 2,500 United Auto Workers members ratified a new three-year labor contract with truck and auto components maker Dana Holding Corp., the union said.

March 28, 2011
Business

Personal Spending Rises 0.7%

Consumer personal spending rose 0.7% in February, the Commerce Department said Monday.

March 28, 2011
Business

February Truck Tonnage Rises 4.2%

U.S. truck tonnage improved from a year earlier for the 15th straight month, enough to allow fleet executives to pursue higher freight rates yet leave them with worries about how global events could hurt the domestic economy.

March 28, 2011
Letters to the Editor, Business

Letters: EOBRs for Mexico, HOS & EOBR Subsidy, Bogus Letters

If FMCSA can pay for the Mexican trucks to have EOBRs, why not U.S. trucks? Our government is helping out others and yet not putting or keeping the money here in the good old United States of America.

March 28, 2011
Business

Sen. Pryor Says He Opposes DOT’s Plan to Finance EOBRs for Use on Mexican Trucks

Sen. Mark Pryor (D-Ark.) is the latest member of Congress to send a letter to Transportation Secretary Ray LaHood expressing his strong opposition to a U.S. proposal to buy electronic onboard recorders for Mexican trucks that will travel within the United States.

March 28, 2011
Business

Truck Makers’ Backlog Grows to Nearly 100,000, ACT Says

Class 8 truck manufacturers have a backlog of nearly 100,000 units scheduled to be built over the next 12 months, more than double the number of a year ago, because of a substantial increase in orders over the winter, ACT Research Co. reported.

March 28, 2011
Business

Freightliner Unveils Models for Severe-Duty Sector

LAS VEGAS — Freightliner Trucks introduced two new severe-duty trucks last week at the 2011 ConExpo/ConAgg construction conference and equipment exhibition here, in a move by Daimler Trucks North America to recapture market share in vocational vehicles.

March 28, 2011
Government, Business

ATA Remains ‘Poised’ to File Lawsuit if HOS Rule Is Unchanged, Windsor Says

American Trucking Associations is “poised” to file a lawsuit against the Federal Motor Carrier Safety Administration if the agency adopts a proposed rule that could cut driver time to 10 hours a day, ATA Chairman Barbara Windsor said.

March 28, 2011
Government, Business

Senate Bill Creates Infrastructure Bank to Back Transportation Projects

A bipartisan group of U.S. senators recently introduced a bill that would create a national infrastructure bank to issue loans and loan guarantees for transportation and other infrastructure projects of regional and national significance.

March 28, 2011