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.
Boston Hazmat Regs Illegal, FMCSA Rules
The Federal Motor Carrier Safety Administration has ruled that Boston’s efforts to stop trucks from carrying hazardous materials through the city during certain hours is illegal, the Associated Press reported.
November 17, 2009Industrial Production Edges Up 0.1%
Industrial production rose a modest 0.1% in October, the Federal Reserve said Tuesday.
November 17, 2009GM Loses $1.2 Billion but Notes Improvement
General Motors Co. lost $1.2 billion from the time it left bankruptcy protection through the end of September but the automaker is poised to begin repaying some of the $6.7 billion in U.S. government loans it received with a $1.2 billion payment next month, the Associated Press reported.
November 17, 2009Diesel Drops 1.1¢ to $2.79 in Second Straight Decline
Diesel’s national average price fell for a second straight week, dropping 1.1 cents to $2.79 a gallon, the Department of Energy said Monday.
November 17, 2009Wetlines Proposal Unnecessary, Dangerous, ATA’s Windsor Says
A proposal to prohibit the transportation of flammable liquids in unprotected product piping would not improve safety and would be dangerous to technicians an American Trucking Associations official told a House subcommittee Monday.
November 16, 2009EPA Certifies Volvo, Mack Engines for 2010
Volvo Trucks North America and Mack Trucks said Monday that the Environmental Protection Agency has certified their engines as meeting the 2010 diesel emissions standards.
November 16, 2009U.S., Canada Should Cooperate More, Canadian Trucking Alliance CEO Says
The United States and Canada should work more closely together on policies and regulations to improve competition and economic competitiveness, as well as to make highways safer and trucking’s environmental footprint smaller, said David Bradley, chief executive officer of the Canadian Trucking Alliance.
November 16, 2009ATA Seeks DOT Meeting to Discuss Future of HOS
American Trucking Associations has requested a meeting with Department of Transportation officials to discuss the agency’s intention to revise federal driver work rules issued during the Bush administration.
November 16, 2009Maryland Eyes Higher Tolls After 2010
Falling revenues and increasing costs for the Intercounty Connector project will almost certainly mean increased tolls on Maryland’s toll roads after 2010, the Baltimore Sun reported.
November 16, 2009ATA Says Natural Gas Not Viable for Longhaul
Natural gas is not a viable alternative fuel for most longhaul trucking operations, but it could be an acceptable alternative fuel for some shorthaul carriers, American Trucking Associations told the Senate Energy Committee.
November 16, 2009