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.

Business

ThermaFreeze Offers New Refrigerant

ThermaFreeze Products Corp., maker of patented dry gel refrigerant products for use in preserving food and other perishables, including in commercial transport, said it has begun distributing its products to major retailers.

January 13, 2010
Business, Equipment

South Korean Firm to Supply Eaton With Battery Packs

South Korean chemicals producer LG Chem Ltd. agreed to supply lithium-ion battery packs to Eaton Corp., the U.S. maker of commercial vehicle parts, Bloomberg reported.

January 13, 2010
Business

Oil Slips Below $80 a Barrel

Oil fell to below $80 a barrel for the first time this month in early trading Wednesday as analysts said U.S. supplies were likely improving, Bloomberg reported.

January 13, 2010
Business, Government, Safety

LaHood Announces New Group to Fight Distracted Driving

Secretary of Transportation Ray LaHood announced Tuesday the creation of FocusDriven, an organization dedicated to fighting distracted driving.

January 12, 2010
Business

Opinion: Women in the Trucking Industry

A friend once told me to “lead from a position of strength.” This helpful piece of advice is a reminder that people don’t want to follow negativity — especially in these turbulent times. They want leaders who can offer them something positive.

January 12, 2010
Government, Business, Safety

Ferro Hopes for Variety of Perspectives on HOS Rule

WASHINGTON — Anne Ferro, head of the Federal Motor Carrier Safety Administration, told Transport Topics she hoped the agency will get a variety of points of view during its upcoming public hearings on hours-of-service.

Sean McNally | Staff Reporter
January 12, 2010
Government, Business

Maine Opens Interstates to Heavy Trucks

A federal pilot project taking heavy trucks off Maine’s local routes is drawing cheers from residents along the roads the trucks used to travel.

Michele Fuetsch | Staff Reporter
January 12, 2010
Business, Safety, Government

Calif. Sees No Major Infrastructure Damage from Quake

A powerful earthquake off the shore of Northern California over the weekend caused no significant damage to the state’s transportation infrastructure, the Associated Press reported.

January 12, 2010
Business, Fuel

Diesel Rises for Third Week, Gaining 8.2¢ to $2.879

Diesel and gasoline both rose for a third straight week, with diesel up 8.2 cents to $2.879 a gallon, the Department of Energy said Monday.

January 11, 2010
Business, Equipment, Fuel

DOE Gives $115 Mil. for ‘SuperTrucks’ Efficiency Program

The U.S. Department of Energy said Monday that it has awarded more than $115 million to heavy truck and engine makers in a partnership designed to improve the efficiency of Class 8 trucks.

January 11, 2010