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.
More States Ban Texting While Driving
Vermont is poised to become the 26th state to ban texting while driving, following closely behind Wisconsin and Michigan.
May 11, 2010Study: States Lack Tools to Justify Transportation Spending
Only 13 states have performance goals and reviews in place to help taxpayers determine if transportation spending promotes such things as safety, mobility, and jobs and commerce, according to a new study being released Wednesday.
May 11, 2010Diesel Rises 0.5¢ to $3.127
Diesel’s increase slowed Monday as it gained a half-cent to $3.127 a gallon, the highest price in more than 18 months, the Department of Energy reported.
May 10, 2010TransCore Launches Truckload Rate Exchange Program
TransCore has launched a rate exchange program that provides spot market rates from truckload intermediaries.
May 10, 2010TravelCenters’ 1Q Loss Widens
Truck stop chain TravelCenters of America said Monday it lost $41.2 million, or $2.39 per share, in the first quarter, up from a loss of $18 million, or $1.08, a year ago.
May 10, 2010US 1 Turns First-Quarter Profit
Logistics firm US 1 Industries Monday reported a first-quarter profit of $100,000, compared with a $1 million loss a year ago.
May 10, 2010Trucks Move America
As you’ve heard it said many times, “Without Trucks, America Stops.” And it’s still true. Unfortunately, the trucking industry’s primary advocate has had to formally remind the Department of Transportation of this salient fact.
May 10, 2010ATA Image Trailer Visits Association’s Headquarters
ARLINGTON, Va. — American Trucking Associations’ image trailer visited ATA headquarters in late April before rolling to the U.S. Capitol for the Motor & Equipment Manufacturers Association’s Ride ’n’ Drive event for federal officials, staff and the public.
May 10, 2010Tank Truck Industry Faces Unique Challenges with More Regulations, Expenses, Officials Say
The tank truck industry faces a unique set of challenges that have led to increased regulations, self-imposed safety precautions and higher costs. Industry executives said they are adjusting by embracing new technology, providing additional driver training and re-examining their operations.
May 10, 2010California Ports’ Truck Lease-to-Own Deals Merit Investigation, Lawmaker Says
The chairman of a House Transportation subcommittee has vowed to investigate truck lease-purchase agreements between owner-operators and motor carriers who hire the drayage drivers to move cargo at the ports of Los Angeles and Long Beach, Calif.
May 10, 2010