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, Autonomous

Ferro Defends FMCSA’s Position on Texting and Driving

WASHINGTON — The head of the Federal Motor Carrier Safety Administration told trucking industry leaders Tuesday the agency was within its rights to ban texting by commercial drivers through a reinterpretation of existing rules, but that more explicit bans were on the way.

February 23, 2010
Government, Business, Safety

DOT Issues Sample Texting-While-Driving Legislation

Transportation Secretary Ray LaHood has unveiled sample legislation designed to help states write bans against texting while driving.

February 23, 2010
Government, Business, Safety, Autonomous

Tankers Seen as Potential Terrorist Threat, Report Says

Tank trucks filled with gasoline could be the favored surface transportation weapon for terrorists seeking to attack U.S. targets, according to a new study of potential terrorist uses of highway-borne hazardous materials.

February 23, 2010
Business, Government

Oil Drops Below $79 Following Consumer Confidence Report

Oil fell more than $1 Tuesday to below $79 a barrel following a report that showed declining consumer confidence, Bloomberg reported.

February 23, 2010
Fuel, Business, Government, Logistics, Autonomous

Clean Energy to Expand in Southern California

Clean Energy Fuels Corp. said Tuesday it will expand its network of liquefied natural gas stations in southern California in large cities and along major truck routes, with a goal to expand into the Southwest.

February 23, 2010
Government, Business, Safety, Fuel, Autonomous

EPA Moving Forward with Emissions-Cap Regulations

The Environmental Protection Agency has not yet said how it intends to require heavy trucks to curb greenhouse gas emissions, but a report on the agency’s Web site projects that an advanced notice of rulemaking could be posted as early as June.

February 23, 2010
Business, Technology

UPS Donates Tracking Technology for Use in Haiti

UPS Inc. said Tuesday it has donated supply-distribution barcode technology for use by the Salvation Army in its Haiti relief efforts.

February 23, 2010
Business

Fleet Reviews Mixed in ’07 Engine Tests

TAMPA, Fla. — Some of America’s largest fleets reported general acceptance of the 2007 generation of diesel engines, although some said they had difficulties and higher expenses with them, in assessments offered during the annual meeting of the Technology & Maintenance Council here recently.

February 23, 2010
Business, Logistics, Fuel, Government

Diesel Rises for First Time in Six Weeks, Rising 7.6¢ to $2.832

Diesel’s national average price rose for the first time in six weeks, gaining 7.6 cents to $2.832 a gallon, the Department of Energy said.

February 23, 2010
Government, Business

Consumer Confidence Drops in February

Consumer confidence fell this month to its lowest level since April 2009, the New York-based Conference Board reported.

February 23, 2010