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.
Two Bills Propose Raising Federal Diesel Tax to Improve Highways, Boost Truck Sales
Two bills introduced in the House shortly before Congress adjourned for the midterm elections would raise the federal diesel tax to pay for improved infrastructure or help boost new truck equipment purchases.
October 11, 2010Most Fleets Postponing Driver Pay Increases Until U.S. Economy Accelerates, Study Says
Most fleets are continuing to steer away from raising driver pay this year, but about 80% of carriers expect they will have to take that step when the pace of the U.S. economic recovery accelerates, according to a new survey.
October 11, 2010NHTSA Seeks Stricter Rules for Truck Tire Performance
For the first time in 37 years, federal regulators are proposing tougher standards for truck tire performance, including new speed tests.
October 11, 2010UAW Workers Remain on the Job as Talks With Navistar Continue
United Auto Workers members continue to make trucks and engines for Navistar Inc. even though their old contract expired Oct. 1, both parties said, adding that they are still in active negotiations.
October 11, 2010ATA Supports Alabama in Sales Tax Dispute
American Trucking Associations has filed court papers backing the state of Alabama in a U.S. Supreme Court case that could determine whether states can charge railroads sales tax on fuel purchases but exempt truckers.
October 11, 2010Greenbriar to Acquire Dynamex for $210 Million
Dynamex Inc., a package delivery and logistics operator, has agreed to be acquired by private equity firm Greenbriar Equity Group Ltd. for a total of about $210 million, the companies announced on Oct. 1.
October 11, 2010Diesel Average Jumps to $3 a Gallon
The average cost of U.S. retail diesel climbed 4.9 cents last week to $3 a gallon, the first time trucking’s main fuel has reached that level in more than four months, the Department of Energy reported.
October 11, 2010TTNews To Close Monday for Columbus Day
Transport Topics Online will be closed Monday for the Columbus Day holiday.
October 8, 2010Trucking Payrolls Steady as Unemployment Rate Holds at 9.6%
The September U.S. unemployment rate held at 9.6%, as total payrolls fell by 95,000 jobs and trucking payrolls held steady, the Labor Department said Friday.
October 8, 2010Shipping Firm Makes Monthly Calls at S.C. Port
Liberty Global Logistics, an American-flag ocean carrier, is now making regular monthly calls at the Port of Charleston’s Veterans Terminal.