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, Fuel, Logistics

SoCal Ports to Face New Year with Fewer Trucks

Beginning Jan. 1, officials at the Southern California sister ports of Los Angeles and Long Beach will face yet another challenge as they begin the second phase of their clean trucks plans: fewer trucks.

December 15, 2009
Government, Business

Hefty Toll Increases Proposed For SF Bay Bridges

A proposed toll increase for the seven state-owned bridges that crisscross the San Francisco Bay could double the cost for trucks.

December 14, 2009
Business, Fuel

CVG to Close Cab Assembly Plant

Commercial vehicle Group said it will close its Norwalk, Ohio, truck cab plant due to Navistar Inc.'s decision to assemble cabs for its own trucks.

December 14, 2009
Business

Report Sees Slow Trucking, Freight Recovery in 2010

The U.S. trucking and rail freight industries are expected to record modest volume improvements in 2010, according to an analysts’ report released Monday.

December 14, 2009
Business, Safety, Government

Senate Rail Bill Set to Be Introduced Tuesday

Senate Commerce, Science and Transportation Committee Chairman Jay Rockefeller (D-W.Va.) will introduce a long-awaited rail bill on Dec. 15 that expands the Surface Transportation Board and adds several provisions that could give shippers more choices of rail carriers, committee officials said.

December 14, 2009
Business, Fuel, Technology, Equipment, Safety

E&MU: SCR Exhaust Systems Could Reduce Soot Output

Today’s new diesel-power trucks are, by law, equipped with particulate filters, and in many models the DPF will soon will be joined by another aftertreatment device — selective catalytic reduction, or SCR, in a canister.

December 14, 2009
Letters to the Editor, Business, Safety, Government

Letters: Texting at the Wheel, Not-So-Green Rails?

In a local newspaper, I recently read an editorial titled: “Truckers Should Not Be Texting While Driving.” The writer improperly quoted statistics and singled out the trucking industry as the problem.

December 14, 2009
Editorial, Business

When Less Bad is Good

This has been a year when so-called “good news” actually has come in the form of less-bad news, as in “freight levels fell less last month than they did the month before” or “fewer jobs were lost last week than the week before.”

December 14, 2009
Business

Obama Proposes $50 Billion to Build Roads, Bridges

President Obama last week proposed directing about $50 billion in unspent money from the federal government’s bank bailout program to build roads and bridges, as a way to counter high unemployment.

December 14, 2009
Business

Steep Worldwide Ocean Shipping Slowdown Forces Truckers to Alter Handling of Boxes

Early in 2008, when forecasts called for a continued, long-term rise in ocean shipping activity, many maritime companies accelerated the building of new vessels and leased as many containers as they could obtain.

December 14, 2009