Business
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.
DOT to Grant $1.5 Billion for 51 Projects as Part of Stimulus Program, LaHood Says
The Department of Transportation will issue $1.5 billion for 51 projects across the country as the final piece of the Obama administration’s stimulus program, Transportation Secretary Ray LaHood announced Feb. 17.
February 22, 2010DOT to Grant $1.5 Billion for 51 Projects as Part of Stimulus Program, LaHood Says
The Department of Transportation will issue $1.5 billion for 51 projects across the country as the final piece of the Obama administration’s stimulus program, Transportation Secretary Ray LaHood announced Feb. 17.
February 22, 2010Producer Groups Push to Open Mexican Border to Trucking
Trade groups representing products ranging from farm to factory are pressuring the Obama administration and Congress to reinstate a Mexican cross-border trucking program to end Mexico’s retaliatory tariffs that cost U.S. businesses millions of dollars in lost revenue.
February 22, 2010Boxer, State Agencies Back Bill For Jobs, Infrastructure Funds
The chairwoman of the Senate Environment and Public Works Committee, along with representatives of state transportation departments and contractors, urged the Senate to pass a scaled-back version of a jobs bill that would include infrastructure funding, when Congress returns from recess this week.
February 22, 2010Lawsuit Challenges EPA On Greenhouse Finding
A group including motor carriers, businesses, several members of Congress and a conservative public interest legal foundation has filed a lawsuit in federal appeals court challenging the U.S. Environmental Protection Agency’s finding that greenhouse gas emissions are a danger to public health.
February 22, 2010New Index Shows Improvement in Truck Freight During January
Stronger readings in a new monthly freight index based on diesel purchases are adding to mounting evidence that truck freight in January continued the gradual improvement the industry has seen from the year-ago doldrums.
February 22, 2010Hill Gridlock Changes ATA Focus to Regulatory Issues, Graves Says
A year into the Obama administration, American Trucking Associations President Bill Graves said the trucking industry’s challenges are primarily regulatory, rather than legislative, because of the gridlock that has enveloped Congress since last year.
February 22, 2010John Ruan, Iowa Transportation Magnate, Well-Known Philanthropist, Dies at Age 96
John Ruan, who — beginning with one used dump truck — launched a trucking, financial, real estate and philanthropic empire during the Great Depression, died Feb. 13. He was 96.
February 22, 2010Class 8 Sales Gain in January
U.S. Class 8 retail truck sales eked out their first year-over-year gain in 13 months in January, inching up 0.2% compared with January 2009, WardsAuto.com reported.
February 22, 2010Diesel Dips 1.3¢ to $2.756 in Fifth Consecutive Decline
Diesel prices slipped for the fifth week in a row, dropping 1.3 cents to a national average of $2.756 a gallon, the U.S. Department of Energy said in its weekly fuel report.
February 22, 2010