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.

Government, Business, Technology, Equipment

Officials Say FMCSA May Seek Broader Mandate for EOBRs

The Federal Motor Carrier Safety Administration is eyeing an even more expansive mandate for electronic onboard recorders than it indicated earlier this year, sources told Transport Topics.

September 6, 2010
Government, Business, Safety

Groups Criticize New Rule on Special Hazmat Permits

Several trade groups told federal regulators that requiring more detailed information on applications for special permits to haul hazardous materials will not increase hazmat safety and will increase the paperwork burden on applicants.

September 6, 2010
Business, Logistics

August Intermodal Surge Tops Pre-Recession Levels

Intermodal freight continued to surge during August, topping pre-recession levels and reaching the highest point this year, driven by a combination of domestic and international growth, experts said.

September 6, 2010
Business, Government, Logistics

Port of Los Angeles to Delay Driver Ban

The Port of Los Angeles said it would delay enforcement of a ban on independent drayage operators despite a federal judge’s ruling upholding the legality of that ban as part of the port’s controversial clean-trucks plan.

September 6, 2010
Business, Fuel

Trucking’s Use of Liquefied Natural Gas Hindered By Dearth of Fueling Stations

Trucking executives, fuel vendors and manufacturers of aftermarket engine technology said it is easier to get an alternative-fuel vehicle onto a motor carrier’s lot than it is to get a viable alternative fuel into a truck’s tank.

September 6, 2010
Business

Chassis Responsibility Changes Cause Difficulties for Carriers

Intermodal fleets expect a tough financial and operational transition period as ocean carriers move the responsibility for chassis onto carriers that make international cargo deliveries, according to several carrier officials.

September 6, 2010
Business

TIA Pushes for a Crackdown on Brokers that Fail to Provide Enough Bond Money

The Transportation Intermediaries Association is pressing the Federal Motor Carrier Safety Administration to shut down more companies that fail to provide adequate funds to reimburse fleets when brokers fail to pay carriers.

September 6, 2010
Business, Fuel

Diesel Falls 1.9¢ to $2.938 in Third Straight Decline

The U.S. retail diesel and gasoline price averages both declined for the third straight week, the Department of Energy said Aug. 30, with diesel dipping 1.9 cents a gallon to $2.938 and gasoline shedding 2.2 cents to $2.682, the lowest level in six months.

September 6, 2010
Business, Safety, Government, Autonomous

TTNews To Close Monday for Labor Day

Transport Topics Online will be closed Monday for the Labor Day holiday. Please check back on Tuesday, Sept. 7, for the latest trucking and freight transportation news.

September 3, 2010
Business

Cass Freight Shipment Index Rises

Cass Information Systems, the freight bill-processing unit of a St. Louis bank, said that shipments in August rose 16.5% from the same month last year.

September 3, 2010