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

Fleet Execs, Drivers Urge More Flexibility in HOS Rules

DALLAS — Trucking industry officials said that while they needed more flexibility to take rest breaks, the current hours-of-service rules were working.

January 26, 2010
Government, Business

Virginia Gov. Backs Expanding 70-Mph Speed-Limit Zones

Virginia’s newly-elected governor, Bob McDonnell (R), is calling for expanding the 70-mph top speed limit for both cars and trucks on stretches of several interstate highways in rural regions.

January 26, 2010
Government, Business, Safety, Fuel

CARB May Delay Some Diesel-Emissions Regs

California environmental regulators are considering several options to delay some requirements of the state’s diesel emissions regulation to provide “short-term relief” for truckers feeling the effects of the recession.

January 26, 2010
Business, Safety

Roads Reopen After Midwest Blizzard

Some roads in the upper Midwest reopened Tuesday after a blizzard caused officials to close highways due to crashes and low visibility.

January 26, 2010
Business, Safety

December Truck Tonnage Jumps 6.6%

U.S. truck tonnage jumped 6.6% in December from the same month in 2008, the first year-over-year increase in 15 months, American Trucking Associations said.

January 26, 2010
Business, Logistics, Fuel, Government

Diesel Falls 3.7¢ to $2.833 in Second Straight Decline

Diesel’s national average price fell 3.7 cents to $2.833 a gallon, the biggest single-week decline since July, the Department of Energy said Monday.

January 26, 2010
Business

Celadon’s 2Q Income Drops; Revenue Improves

Truckload carrier Celadon Group’s fiscal second-quarter income fell 41% to $1 million, or 5 cents per share, from $1.7 million, or 8 cents, from a year ago.

January 25, 2010
Business

Trucking Coalition to Host Green Technology Webinar

The Trucking Industry Mobility and Technology Coalition said Monday that it will host a free webinar in February about environmental strategies and green technologies for fleets.

January 25, 2010
Business, Safety, Government

More States Targeting Distracted Driving

States are continuing to crack down on texting and driving, with 23 debating legislation to ban the practice that 19 states already prohibit, USA Today reported Monday.

January 25, 2010
Business, Logistics

Existing Home Sales Fall in December, Rise for Year

Existing homes sales 17% in December but rose last year for the fist time in four years, the National Association of Realtors said Monday.

January 25, 2010