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, Safety, Government, Autonomous

New York State Scraps Truck Rural-Route Restrictions

The New York State Department of Transportation told a transportation task force that it will no longer pursue efforts to restrict trucks from using certain rural routes in the Finger Lakes area, American Trucking Associations said.

April 14, 2010
Safety, Business

March Retail Sales Show Biggest Gain in Four Months

Retail sales rose 1.6% in March, the biggest increase in four months, the Commerce Department said Wednesday.

April 14, 2010
Business

Business Inventories Grow in February

Business inventories rose 0.5% in February, the Commerce Department said Wednesday.

April 14, 2010
Business, Government

Consumer Price Index Rises 0.1%

The consumer price index rose 0.1% in March, the Labor Department said Wednesday.

April 14, 2010
Business

Meritor WABCO, Iteris Set Partnership

Meritor WABCO Vehicle Control Systems and Iteris Inc. said they have formed a partnership to streamline and simplify delivery of critical data about vehicle safety and performance to their mutual customers.

April 13, 2010
Government, Business

EPA Sees Big Rigs Getting 10-Plus MPG by 2030

Longhaul heavy tractor-trailers could achieve a fuel economy of more than 10 miles per gallon by 2030 — from today’s approximately 5 mpg to 6.5 mpg range — according to an analysis prepared for Congress by the U.S. Environmental Protection Agency.

Eric Miller | Senior Reporter
April 13, 2010
Government, Business

Brokers Warned of Surety ‘Trust Fund’ Scam

TUCSON, Ariz. — Brokers attending the 2010 Transportation Intermediaries Association convention and trade show here were warned to beware of financial services firms that allow them to skirt federal requirements that they post a $10,000 surety bond.

Eric Miller | Senior Reporter
April 13, 2010
Business

Tim Wicks Leaves YRC

YRC Worldwide said Tuesday that its president and chief operating officer, Tim Wicks, has resigned and will return to work for his former employer, United Healthcare.

April 13, 2010
Government, Business, Fuel

Trucking Concerned Over New Maine Heating-Oil Sulfur-Content Law

Maine has adopted legislation that will eventually require heating oil to have the same low-sulfur content as diesel fuel used in trucks, a move some in the oil and trucking industries fear could raise demand and prices for trucking’s main fuel.

Michele Fuetsch | Staff Reporter
April 13, 2010
Business, Fuel

Diesel Rises Again, Gaining 5.4¢ to $3.069 a Gallon

Diesel rose for the second straight week and the seventh time in eight weeks, increasing 5.4 cents to $3.069 per gallon, the Department of Energy said Monday.

April 13, 2010