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

ATA’s Costello Appointed to Advisory Board

Bob Costello, chief economist of American Trucking Associations, was one of 10 people appointed to a new board that will advise the U.S. Department of Transportation’s Bureau of Transportation Statistics on data and research issues.

April 5, 2010
Business, Safety

DOT Proposes Rule to Ban Driver Texting

The Department of Transportation last week issued a proposed rule outlawing text messaging by commercial drivers, taking another step in its ongoing effort to eliminate the practice.

April 5, 2010
Business

Daimler Sees 10 MPG by 2020 as OEMs Focus on Fuel Mileage

LOUISVILLE, Ky. — Fuel consumption of heavy-duty trucks should improve by more than 40% to 10 miles per gallon by 2020, the CEO of Daimler Trucks North America said last week, as truck and engine makers made fuel economy a central theme at the Mid-America Trucking Show here.

April 5, 2010
Business, Fuel

MATS Exhibitors Display DEF, Options for Cutting Emissions

LOUISVILLE, Ky. — Companies offering selective catalytic reduction technology for 2010 engines displayed a variety of hardware for dispensing diesel exhaust fluid.

April 5, 2010
Business, Fuel

Diesel Slips 0.7¢ to $2.939 a Gallon

The U.S. retail diesel average slipped 0.7 cent last week to $2.939, ending a string of five consecutive increases, the U.S. Department of Energy reported.

April 5, 2010
Business

FMCSA Issues EOBR Rule for Serious HOS Violators

The Federal Motor Carrier Safety Administration Friday issued a rule that will require carriers with serious patterns of hours-of-service violations to user electronic on-board recorders in all vehicles.

April 2, 2010
Business

March Unemployment Rate Holds at 9.7%

The U.S. unemployment rate held at 9.7% in March, though payrolls increased by the most in three years, the Labor Department said Friday.

April 2, 2010
Business, Logistics

Intermodal Traffic Gains for Week

Intermodal rail traffic rose 12% last week from the same week a year ago, the Association of American Railroads said Thursday.

April 1, 2010
Business

March Auto Sales Jump

Automakers saw their biggest U.S. gains in years for the month of March, led by Toyota Motor Corp. with a 41% increase, Ford Motor Co. with a 40% improvement and General Motors Co. with a 21% upturn, Bloomberg reported Thursday.

April 1, 2010
Business

I-95 Remains Closed in Rhode Island Following Floods

Interstate 95 remained closed in Rhode Island Thursday as the state continued to contend with the worst floods in more than 100 years, news services reported.

April 1, 2010