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.
Diesel Declines 0.9¢ to $3.162 a Gallon
Diesel fell for the second consecutive week, dipping 0.9 cents to $3.162 a gallon as oil prices rose, the Department of Energy reported.
November 30, 2010U.N. Agency Eyes Air-Cargo Security Rules
The United Nations agency that oversees aviation is pushing new guidelines for cargo security to counter possible terrorism, but is stopping short of calling for 100% screening of packages, as pilots and some U.S. lawmakers have urged, the Associated Press reported Monday.
November 29, 2010Oil Rises to Two-Week High Over $85
Oil rose over $85 a barrel Monday, its highest level in two weeks, Bloomberg reported.
November 29, 2010Opinion: Driver Shortages — Influences, Solutions
Most credible articles written about a looming driver shortage discuss three major influences for the upcoming labor crisis: aging driver demographics, CSA and an expected U.S. Department of Transportation-mandated reduction in driving hours.
November 29, 2010Letter: EOBRs
I was reading your Nov. 1 issue and came across the article about the Owner-Operator Independent Drivers Association, electric onboard recorders and hours of service. I read the article and felt I should put in my 2 cents’ worth on this issue.
November 29, 2010The Coming Freight Crunch
When the next freight transportation capacity shortage makes itself known, whether it’s in the second half of next year or at the start of 2012, no one should say they weren’t warned well in advance.
November 29, 2010Fleets Seek New Technology to Aid Safety, Savings, Fuel
Managers of large fleets want to buy improved equipment and advanced technologies despite the recent recession but are insisting upon payback periods of four years or less, according to a recent survey.
November 29, 2010Laws Limiting Anti-Indemnification Clauses to Be Trucking’s Primary Focus, Officials Say
Trucking officials said efforts to enact federal legislation protecting carriers from overreaching indemnification provisions in shipper contracts were likely to be the industry’s primary tort reform push in the coming year.
November 29, 2010Heavy Shipper Use Raises Rates in Spot Market for Truckload Freight
Shippers are making heavy use of the truckload spot market to find freight haulers, leading to more loads and better rates — particularly for flatbed and refrigerated carriers — and worries for brokers who find themselves “under water” on some contracts with shippers.
November 29, 2010FMCSA May Lack Enough Time to Revise HOS by Court Deadline, Industry Execs Say
Trucking industry officials said they question whether the Federal Motor Carrier Safety Administration will be able to complete its work on a new hours-of-service rule in time to comply with a court order.
November 29, 2010