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.
Volvo CEO Sees More Trucking Consolidations
Volvo AB’s chief executive officer said he sees more consolidation in the trucking industry, in part because there are too many producers, particularly in China, Bloomberg reported Wednesday.
January 20, 2010Trailer Bridge to Expand Dominican Republic Service
Trailer Bridge said that it will double the frequency of its sailings to the Dominican Republic, introducing weekly service to the route.
January 20, 2010Diesel Dips 0.9¢ to $2.87 for First Decline in Four Weeks
Diesel and gasoline fell for the first time in a month, with diesel dipping 0.9 cent to $2.87 a gallon, the Department of Energy said.
January 20, 2010UPS Deploys 245 ‘Green’ Trucks to Colo., Calif.
UPS Inc. said it has deployed 245 new delivery trucks powered by compressed natural gas to cities in Colorado and California.
January 19, 2010EPA Revises SCR Guidance for ’10 Engines
In a legal maneuver designed to bolster its defense in a federal lawsuit filed by truck manufacturer Navistar Inc., the U.S. Environmental Protection Agency has revised its 2010 engine selective catalytic reduction guidance to remove a specific requirement limiting the hours and miles a truck can operate after its urea tank runs dry.
January 19, 2010CFTC Issues Proposed Trading Rule on Oil Position Limits
The Commodities Futures Trading Commission has issued a proposed rule that would limit the number of oil and gas futures contracts investors can hold.
January 19, 2010FMCSA Will Meet Deadline on Hours Rule, Ferro Says
WASHINGTON — Anne Ferro, head of the Federal Motor Carrier Safety Administration, told Transport Topics the agency was committed to meeting its deadline to revise the driver hours-of-service rule.
January 19, 2010Detroit Diesel Engines Certified for EPA 2010
Detroit Diesel Corp. said that its diesel engines have been certified by the Environmental Protection Agency for meeting the agency's 2010 emissions regulations.
January 19, 2010ATA Files Suit on HOS Rule’s Documentation Regulations
American Trucking Associations said Tuesday it has filed a lawsuit asking a federal court to compel the U.S. Department of Transportation to issue a long-overdue hours-of-service supporting documents regulation.
January 19, 2010LaHood Sees Road Bill in 2010, but Funding Questions Remain
WASHINGTON — Transportation Secretary Ray LaHood said last week he expected the Obama administration and Congress would agree on a surface transportation bill that could be finalized before the end of the year.
January 19, 2010