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.

Government, Business, Safety, Fuel, Equipment

Transportation Bill Should Have Freight Component, Report Says

Congress should include comprehensive funding policies in the upcoming transportation reauthorization bill both to modernize freight transportation and reduce diesel emissions, an environmental group said in a new report.

March 16, 2010
Business, Logistics, Fuel, Government

Diesel Rises 2¢ to $2.924 in Fourth Straight Increase

Diesel’s national average retail price rose for a fourth week, climbing 2 cents to $2.924 a gallon, the Department of Energy reported.

March 16, 2010
Government, Business, Fuel, Autonomous

SoCal Port Trucks Falling Short in Gate Moves

While the air at the Port of Los Angeles is cleaner, the owners of than two-thirds of the 2,200 drayage trucks purchased with $20,000 in port emissions reduction incentive grants face financial penalties because their trucks will not make the required minimum 300 gate moves during their first year of operation, port officials said.

March 16, 2010
Business, Government

Import Prices Fall in February

The price of goods imported to the United States fell in February for the first time in seven months, the Labor Department said Tuesday.

March 16, 2010
Government, Business, Safety, Autonomous

ATA Seeks Nominations for ’11-’12 America’s Road Team

American Trucking Associations said Monday it is seeking nominations for professional truck drivers to serve on the 2011-2012 America’s Road Team.

March 16, 2010
Business, Fuel

Renewable Energy Acquires Two Biodiesel Plants

Renewable Energy Group has acquired two biodiesel plants, making it North America's largest biodiesel manufacturer, the company said.

March 15, 2010
Business, Safety, Government, Autonomous

Companies Caught in U.S.-Mexico Trucking Dispute

As the dispute between the United States and Mexico over access for Mexican trucks on U.S. roads continues, Transportation Secretary Ray LaHood has assured U.S. exporters he is hopeful a deal can be reached soon, the Dallas Morning News reported.

March 15, 2010
Business, Logistics

Union Pacific Chief Sees Signs of Recovery

Union Pacific’s chief executive officer, Jim Young, said shipments carried by the nation’s biggest freight railroad are stronger than expected this year but still a long way from full recovery, the Associated Press reported.

March 15, 2010
Business

Heavy Rains Drench Northeast, Mid-Atlantic

Heavy rain from the mid-Atlantic north to New England is causing flooded roads and travel disruptions, news services reported Monday.

March 15, 2010
Business, Government, Safety, Logistics, Autonomous

CTA Reiterates Support for EOBRs

The Canadian Trucking Alliance has reiterated its support for an electronic on-board recorder mandate in response to a discussion paper prepared by the Canadian Council of Motor Transport Administrators.

March 15, 2010