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, Government

House Leaders May Seek ‘Adjustments’ to Senate’s Jobs, Highway Legislation

The U.S. Senate last week passed legislation that would extend current highway legislation and transfer $20 billion to the Highway Trust Fund, but a key legislator reportedly said the Senate bill would not pass the House of Representatives, which already has approved a broader, more expensive measure.

March 1, 2010
Business, Government, Safety, Fuel

Cap-and-Trade Opponents Gaining in Senate as EPA Moves on Greenhouse Emissions Rule

While U.S. Environmental Protection Agency Administrator Lisa Jackson indicated last week that her agency was moving forward with plans to regulate greenhouse gas emissions, opposition to a Senate cap-and-trade bill seemed to be gaining enough momentum to block its passage.

March 1, 2010
Business, Safety, Autonomous

January Truck Tonnage Jumps 5.7%

January truck tonnage rose 5.7%, the biggest year-over-year increase in five years and solid evidence of a recovery in the industry and the U.S. economy, American Trucking Associations reported last week.

March 1, 2010
Business, Government, Safety, Autonomous

ATA Leaders See Reasons for More Optimism

WASHINGTON — Officials attending American Trucking Associations’ Winter Leadership Meeting here last week said they were more optimistic about the future than they were a year ago, because the economic fortunes and political winds appear to be changing.

March 1, 2010
Government, Business, Safety, Technology, Equipment, Autonomous

CSA 2010 to Launch in July Despite ‘Snafus,’ Ferro Says

WASHINGTON — Federal Motor Carrier Safety Administrator Anne Ferro said she is committed to launching the agency’s new truck safety rating system in July, although she expects there will be problems at the start.

March 1, 2010
Business, Autonomous

Small Vendors Aim to Replace IdleAire’s Truck-Stop Services

The demise of IdleAire, the largest U.S. truck-stop electrification vendor, leaves the door open for several smaller operators that hope to build their own businesses with a simpler product.

March 1, 2010
Business, Government, Safety, Technology, Equipment, Autonomous

CSA 2010 to Launch in July Despite ‘Snafus,’ Ferro Says

WASHINGTON — Federal Motor Carrier Safety Administrator Anne Ferro said she is committed to launching the agency’s new truck safety rating system in July, although she expects there will be problems at the start.

March 1, 2010
Business, Government, Safety, Equipment

More Fleets Turn to Outside Service Providers as a Way to Cut Equipment, Training Expenses

Over the past decade, a growing number of fleets have begun outsourcing more of their tire maintenance needs as a way to save on machinery, equipment and training costs.

March 1, 2010
Business, Government, Fuel

Diesel Average Jumps 7.6¢ to $2.832 a Gallon

The average price of diesel around the nation jumped 7.6 cents a gallon to $2.832, as fuel reversed a five-week downward trend, the Department of Energy reported last week.

March 1, 2010
Business, Safety, Government

Oberstar Says Senator’s Action Threatens DOT Shutdown

A procedural maneuver in the U.S. Senate that blocked passage a long-term extension of federal highway funding could shut down several Department of Transportation agencies, including the Federal Motor Carrier Safety Administration, beginning Tuesday, Rep. James Oberstar (D-Minn.) said Friday.

February 26, 2010