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.
DOT Freight Transport Index Improves in May
The Department of Transportation’s freight transportation services index rose 4.4% in May from a year ago, marking the third straight year-to-year increase.
July 14, 2010FMCSA Proposes HOS Waiver for Ammonia Carriers
The Federal Motor Carrier Safety Administration Wednesday proposed a two-year exemption from the federal hours-of-service regulations for transporters of anhydrous ammonia.
July 14, 2010Roadcheck Figures Show High Compliance Levels
Only 4.4% of drivers stopped for inspections in this year’s Roadcheck event held last month were placed out service — the same percentage as last year when driver compliance hit an all-time high for the annual safety inspection event held across North America.
July 14, 2010Oil Slips as Diesel, Gasoline Inventories Improve
Oil prices fell below $77 a barrel Wednesday following a Department of Energy report that showed diesel and gasoline inventories improved last week even though oil stockpiles declined, Bloomberg reported.
July 14, 2010Retail Sales Fall for Second Month
Retail sales fell for a second straight month in June, slipping 0.5%, the Commerce Department said Wednesday.
July 14, 2010Business Inventories Rise in May; Sales Decline
Business inventories rose 0.1% in May, the smallest gain this year, as sales fell, the Commerce Department said Wednesday.
July 14, 2010Import Prices Drop 1.3% in June
The price of goods imported to the United States fell 1.3% in June, the most since January 2009, the Labor Department said Wednesday.
July 14, 2010Opinion: Boost Safety to Control Risks, Cut Losses
The recession appears to be waning, but trucking still is feeling the downturn’s effects and is keeping a watchful eye on expenses, including insurance.
July 13, 2010Massachusetts Backs Off 2% Biodiesel Mandate
Massachusetts has indefinitely suspended a 2% biodiesel mandate for fuel and heating oil that was to take effect this month, saying that without the federal tax credit for the producers, the cost of biodiesel would be too high for consumers.
Baltimore/Washington Region Kicks off Anti-Idling Campaign
The Metropolitan Washington Council of Governors kicked off a campaign for diesel idle reduction in the Washington/Baltimore region Tuesday, supported by several other groups including American Trucking Associations and the American Bus Association.