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.
Blizzards Snarl Mid-Atlantic, Hampering Freight Movement
The record-breaking blizzard last week, the second massive storm in a week to hit the mid-Atlantic region, caused Delaware, Maryland and Pennsylvania to close highways for at least part of Feb. 10, and forced trucks to park and delivery schedules to absorb delays.
February 15, 2010FedEx ‘Panda Express’ Takes Bears Home
DULLES, Va. — For Dennis Halsey, it was a return trip nearly a decade in the making.
February 15, 2010DOT Proposes Testing for More Drugs, Lowering Existing Threshold on Others
The U.S. Department of Transportation has published a proposed rule that would toughen its workplace drug-testing program for truck drivers and other transportation workers, including testing for the drugs “ecstasy” and heroin.
February 15, 2010Execs Ask FMCSA to Change Several Steps Before Chassis Safety Rule Takes Effect
Trucking and intermodal leaders are pressing the Federal Motor Carrier Safety Administration to change two key safety reporting steps before the agency’s delayed chassis safety rule finally takes effect on June 30.
February 15, 2010TCA, Natso to Focus on Economic Recovery, Government Regulations During Meetings
Hopes for an economic recovery and the looming threat of government regulations will be main themes as the Truckload Carriers Association and Natso, the national association representing truck stops and travel plazas, hold their annual conferences from Feb. 27 to March 3 at separate locations in Las Vegas.
February 15, 2010LTL Market Stabilizes in 4Q as Fleets See Growth Ahead
The long-depressed less-than-truckload market has stabilized and is showing initial signs of modest growth, LTL carriers said in fourth-quarter earnings statements.
February 15, 2010YRC Reduces 4Q Loss
YRC Worldwide Inc.’s loss from operations narrowed in the fourth quarter to $95 million from $135 million a year earlier as Chief Executive Officer William Zollars said the less-than-truckload company would continue the improving trend this year.
February 15, 2010ATA’s Hodges, Navistar’s Hebe Differ on Trucking’s Future
TAMPA, Fla. — A major truck-making executive and the chairman of American Trucking Associations offered differing views on the future of trucking, but both agreed that federal regulation of business is generating unwelcome distortions of how firms can operate.
February 15, 2010Diesel Dips 1.7¢ to $2.835, AAA Says
Diesel prices largely held steady last week, with the national average price per gallon at $2.835, falling just 1.7 cents from the previous week, according to AAA’s daily price report for Feb. 11.
February 15, 2010Diesel Falls 1.2¢ to $2.769 in Fourth Straight Decline
Diesel’s national average price dropped 1.2 cents to $2.769 a gallon, the fourth consecutive decline, the Department of Energy said Friday.
February 12, 2010