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, Fuel

House Passes Biodiesel Tax Credit Extension

The House has passed an extension of a federal biodiesel tax incentive through the end of the year.

June 2, 2010
Business, Fuel

Diesel Drops Below $3 for First Time Since March

Diesel continued its downward trend, declining 4.1 cents to $2.98 a gallon, the first time it has been below the $3 mark since March, the Department of Energy reported.

June 2, 2010
Business

Feds Reject Teamsters’ Bid for Aircraft Mechanics to Strike at UPS

Federal officials have rejected a bid by the Teamsters union to begin a 30-day countdown to a potential strike against UPS Inc. by its aircraft mechanics, the Associated Press reported.

June 2, 2010
Business, Logistics

Opinion: Canadian Governments Embrace P3s

Infrastructure projects boost productivity and economic activity when countries need it most. Canadian governments have been increasingly comfortable executing new investments that merge private enterprise with the public sector.

June 2, 2010
Government, Business, Fuel, Safety, Autonomous

ATA Urges Senate to Address Advanced Technology Bill

American Trucking Associations, truck manufacturers and the U.S. Chamber of Commerce have urged the Senate to address a research and development bill on increasing fuel efficiency and reducing greenhouse gas emissions in medium- and heavy-duty trucks.

Michele Fuetsch | Staff Reporter
June 1, 2010
Government, Business

NAFTA Surface Trade Takes Record Jump

Surface transportation trade among the United States, Canada and Mexico jumped 37% in March from a year ago, the highest gain on record, the Department of Transportation said.

June 1, 2010
Business, Logistics

James Hertwig Named CEO of Florida East Coast Railway

Florida East Coast Railway said that longtime trucking and transportation executive James Hertwig will become its chief executive officer, effective July 1.

June 1, 2010
Government, Business

Ontario Report Recommends More Tolling

A new report by the Ontario government recommends that the legislature consider road tolling for trucks and cars to reduce greenhouse gas emissions and fund mass transit infrastructure.

June 1, 2010
Business

Rush Completes Lake City Acquisition

Rush Enterprises said it has completed its previously announced acquisition of Lake City Cos., owner of 11 International Truck dealerships.

Frederick Kiel | Staff Reporter
June 1, 2010
Business, Equipment

ISM Factory Index Shows Continued Expansion

U.S. manufacturing activity showed expansion in May for the 10th straight consecutive month but slipped slightly from April, the Institute for Supply Management said Tuesday.

June 1, 2010