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, Safety, Government, Autonomous

ATA Endorses RAIR’s CSA Technology

American Trucking Associations said Tuesday it has endorsed RAIR Technologies’ CSA Solution product to manage carriers’ responsibilities under federal Compliance, Safety, Accountability standards.

January 18, 2011
Business

Greatwide Acquires Overton Transportation

Greatwide Logistics Services said it has acquired Overton Transportation, a subsidiary of Sysco Corp.

January 18, 2011
Business

New York ‘Empire’ Manufacturing Index Expands

Manufacturing activity in the New York region expanded this month, the Federal Reserve Bank of New York said Tuesday.

January 18, 2011
Letters to the Editor, Business, Government, Safety, Autonomous

Letters: Weight Limits, CSA Delay, Handheld Phones

I cannot agree more with the arguments in support of “larger” trucks. However, when applied in support of “heavier” trucks, they fall short — particularly when compared with the effects on outdated, deteriorating highways and bridges.

January 17, 2011
Business

Trucking Adds 2,600 Jobs in December

Trucking added 2,600 jobs in December, helping to reduce the nation’s unemployment rate from 9.8% to 9.4%, the lowest since July 2009, the U.S. Labor Department said in its latest report.

January 17, 2011
Business

ATA Selects 18 New Captains for America’s Road Team

American Trucking Associations last week announced the selection of 18 truck drivers to be captains of the 2011-2012 America’s Road Team.

January 17, 2011
Business

Class 8 Truck Sales Hit 2-Year High

Truck manufacturers and their dealers sold 11,742 Class 8 trucks in the United States during December, the highest monthly total since December 2008, Wardsauto.com reported.

January 17, 2011
Business

Intermodal Carriers Feel Strain as Chassis Shortages Surface

Spot shortages of intermodal chassis are surfacing and uncertainty is building about the future chassis supply as truckers take more responsibility for the equipment that traditionally came from ocean carriers, industry officials said.

January 17, 2011
Government, Business

ATA Questions Fatigue Data Used by FMCSA to Craft HOS Rule

American Trucking Associations began its pushback against the Federal Motor Carrier Safety Administration’s proposed hours-of-service rule last week by questioning the agency’s analysis and asking Congress to lobby on the industry’s behalf. 

January 17, 2011
Business, Logistics

2010 Rail Freight Volumes Grow at Fastest Pace in 50 Years

North American rail freight volumes, led by intermodal, climbed out of the recession at a brisk pace in 2010, posting an  11% year-over-year growth rate that was the fastest pace in at least 50 years.

January 17, 2011