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.

Business, Logistics

Marten’s Second-Quarter Income Rises 15%

Refrigerated truckload carrier Marten Transport’s second-quarter profit rose 15.2% as its logistics operations expanded.

July 20, 2010
Government, Business

I-5 ‘Corridor Toll’ Proposed for Columbia River Crossing

The mayor of Vancouver, Wash., has proposed using a “corridor toll” on Interstate 5 that would require motorists to help pay for the Columbia River Crossing, a project replacing the existing bridge and most recently estimated to cost $3.6 billion.

Caitlin Bronson | Special to Transport Topics
July 20, 2010
Government, Business

Pennsylvania Turnpike Tolls to Rise in January

Truckers without E-ZPass will pay about 10% more than they do today to run the Pennsylvania Turnpike under a new rate schedule scheduled to take effect in January.

Michele Fuetsch | Staff Reporter
July 20, 2010
Government, Business, Safety

N.J. Exempts Truckers’ CBs from Handheld-Device Ban

New Jersey has exempted truck drivers using with CBs and two-way radios from its prohibition against using handheld communication devices while driving.

Michele Fuetsch | Staff Reporter
July 20, 2010
Government, Business

Virginia Gov. Wants to Privatize Liquor Sales for Road Money

Virginia Gov. Bob McDonnell (R) wants to take the state out of the retail liquor business by privatizing its system of state-owned stores in order to generate much-needed cash for transportation projects.

Michele Fuetsch | Staff Reporter
July 20, 2010
Business

Housing Starts Fall 5%; Building Permits Improve

Housing starts fell 5% in June following expiration in April of a home sales tax credit, the Commerce Department said Tuesday.

July 20, 2010
Business

Navistar Touts ‘Fluid Efficiency’ in Its EGR Engine

Truck and engine maker Navistar Inc. proclaimed the economical operating efficiency of its products during a Webcast Monday concerning what the original equipment manufacturer called “fluid efficiency.”

Jonathan S. Reiskin | Associate News Editor
July 20, 2010
Business, Government

Opinion: A Believable Stimulus

With President Obama and the Democratic leadership in Congress pressing for new stimulus legislation — now called a jobs bill — it’s time to pose this question: If we are going to invest federal money in projects with the stated aim of creating jobs, where is it best spent?

July 20, 2010
Business, Fuel

Diesel Dips 0.4¢ to $2.899 a Gallon as Decline Slows

Diesel fell for the fourth straight week and ninth in the past 10, dipping 0.4 cent to $2.899 a gallon, the smallest of its recent declines, the Department of Energy said.

July 19, 2010
Business

Heartland Express’ 2Q Income Dips

Truckload carrier Heartland Express said Monday its second-quarter profit slipped to $16.7 million, or 18 cents a share, from $17.6 million, or 19 cents, a year ago.

July 19, 2010