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

New North Carolina Rule Limits Truck Idling

North Carolina enacted a new rule last week that places limits on unnecessary idling of heavy vehicles.

July 19, 2010
Business

TT 100: Carrier Execs Remain Cautious About Capacity, Expand Investments in Other Transport Modes

Signs of an economic turnaround have buoyed hopes for a recovery in trucking, although many fleet executives said they remain cautious about adding freight hauling capacity until rates rise enough to cover expected fuel, equipment and regulatory compliance expenses.

July 19, 2010
Business, Technology, Equipment, Safety, Government

Initial 2Q Reports Show Profit Gains as Freight Volumes and Pricing Rebound

Carrier earnings for the second quarter started off on a positive note last week, with truckload carrier Landstar System Inc. reporting a 37% increase in net income and J.B. Hunt Transport Services Inc. announcing a 52% rise in profit.

July 19, 2010
Business

CVSA Says Driver Compliance Matches ’09 Roadcheck Record

Of the drivers pulled over during last month’s Roadcheck 2010, only 4.4% were placed out of service, tying the driver compliance record set in 2009, the Commercial Vehicle Safety Alliance reported.

July 19, 2010
Business

Graves Sees Lengthy Delay Before Highway Bill Passes

American Trucking Associations President Bill Graves said he does not believe there will be any congressional action on a new long-term highway bill until at least 2011 — and possibly not until after the next presidential election.

July 19, 2010
Letters to the Editor, Business, Government, Safety

Letters: Roadcheck Success, Raising Bond Prices, Hours of Service, Workers’ Comp

Are carriers generally immune from exercising sound business practices? It’s really not that difficult to gather solid credit history and information on a broker, whereas getting accurate relevant information on a shipper is much more difficult.

July 19, 2010
Editorial, Business

Roadcheck Success

The results from the Roadcheck 2010 safety blitz reinforce the message that trucking takes safety compliance seriously.

July 19, 2010
Business

Intermodal Chassis Data Systems Improve

Two computer systems that support new federal chassis safety rules began working together last week, eliminating one of the stumbling blocks in the implementation process.

July 19, 2010
Business

Medium-Duty Truck Sales Rise 37.3%

The continuing surge in Classes 3 and 6 retail truck sales pushed medium-duty volumes 37.3% above the same month in 2009.

July 19, 2010
Business, Fuel

EPA Seeks More Biodiesel Use by Nation’s Truck Fleet in 2011

The Environmental Protection Agency announced last week it wants the U.S. trucking industry to increase its use of biodiesel to 800 million gallons in 2011 from 650 million gallons this year.

July 19, 2010