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.
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, 2010Groups 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, 2010August 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, 2010Port 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, 2010Trucking’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, 2010Chassis 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, 2010TIA 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, 2010Diesel 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, 2010TTNews 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, 2010Cass 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