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.
NJ Lawmakers May Raise Fines for Cell Phone Use
The fine for texting or talking on a cell phone could become as high as $500 in New Jersey under a bill approved Monday by the Senate Law and Public Safety Committee.
September 14, 2010Groups Pushing for Larger Trucks to Merge
Two groups pushing for liberalization of federal truck size and weight limits - the Coalition for Transportation Productivity and Americans for Safe and Efficient Transportation announced Monday that they will merge into one, larger organization.
September 14, 2010DOT Sets Agenda for Distracted Driving Summit
The Department of Transportation has announced the agenda for its second Distracted Driving Summit, scheduled for Sept. 21 in Washington.
September 14, 2010Business Inventories Increase 1% in July
Business inventories rose 1% in July, the fastest pace in two years, the Commerce Department said Tuesday.
September 14, 2010Retail Sales Improve in August
Retail sales rose in August for the second consecutive month, the Commerce Department said Tuesday.
September 14, 2010Diesel Rises 1.2¢ to $2.943; Gas Jumps 3.9¢ to $2.721
Diesel’s national average price rose 1.2 cents to $2.943 a gallon, its first increase in five weeks, while gasoline jumped almost 4 cents, the Department of Energy said Monday.
September 14, 2010McLeod Certifies PC Miler Update
McLeod Software has certified PC Miler 24 and integrated it into its software, said ALK Technologies, PC Miler’s developer.
September 13, 2010Brown Trucking Acquires Tennessee Carrier
James Brown Contracting said Monday it has acquired Schrader Trucking Co., a Jefferson City, Tenn.-based dry van truckload carrier. Terms were not disclosed.
September 13, 2010Obama Proposes $50 Billion as Part of Infrastructure Plan
President Obama proposed a transportation infrastructure plan last week, including a call for a one-time $50 billion federal investment and the creation of an infrastructure bank.
September 13, 2010Overnite Transportation Founder Cochrane, 97, Still Consulted Frequently for His Sage Advice
RICHMOND, Va. — People in trucking have long viewed themselves as a collection of hardworking individuals — and there are plenty of stories to support that belief. But who among them has worked harder and longer than J. Harwood Cochrane, founder of the highly successful Overnite Transportation Co. at age 22 and the more middling Highway Express at age 78?
September 13, 2010