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

I-80 Bridge Repairs Could Mean Lane Closures at Iowa-Illinois Border Next Year

Iowa and Illinois will jointly tackle $10 million worth of repairs to the Interstate 80 Bridge that links the two states in the Quad City area along the Mississippi River

October 26, 2009
Government, Business, Safety, Logistics

NTSB Urges Tougher Measures to Fight Drivers’ Sleep Apnea

The Federal Motor Carrier Safety Administration should identify commercial truck and bus drivers who are at high risk for obstructive sleep apnea, and require drivers diagnosed with the condition to prove they are being treated, the National Transportation Safety Board recommended last week.

October 26, 2009
Government, Business, Safety

U.S. Must Tackle Broad Transport Issues when Economy Recovers, Mendez Says

WASHINGTON — When the economy recovers and freight traffic begins to grow again, the nation needs to turn its attention to broader transportation issues that address everything from funding to livability, said Victor Mendez, newly appointed Federal Highway Administrator.

October 26, 2009
Business, Government

Rockslide Closes Interstate 40 Near N.C.-Tenn. Border

A weekend rockslide has closed Interstate 40 in western North Carolina near the Tennessee state line, and officials said it could take several months to clear the debris, the Associated Press reported.

October 26, 2009
Business, Government

UPS Freight Sets Faster Service with Western Canada

UPS Freight, the less-than-truckload unit of UPS Inc., said Monday it had improved transit times to from western Canada and U.S. addresses.

October 26, 2009
Business

Caterpillar to Rehire Some Workers as Demand Rises

Heavy equipment and diesel engine maker Caterpillar Inc. said Monday it has begun rehiring some laid-off workers and will offer others separation packages.

October 26, 2009
Business, Safety, Government, Technology, Equipment

N.Y. Seeks to Require Truck-Specific GPS Following Several Collisions With Bridges

New York Gov. David Paterson (D) has proposed requiring truck drivers there to use only Global Positioning System devices that are equipped with truck route information to keep them off restricted roads.

October 26, 2009
Government, Business, Safety

FMCSA Cracks Down on Drug, Alcohol Rule Violators

Safety investigators nabbed 77 commercial driver and 84 companies for failing to comply with federal drug and alcohol regulations, the Department of Transportation announced Friday.

October 26, 2009
Business, Equipment

Aljex Partners With Capital

Aljex Software, Middlesex, N.J., said it has joined forces with Capital Associates to offer factoring and accounts receivable services to users.

October 26, 2009
Fuel, Business, Logistics, Government

Gasoline Jumps 18¢ in Two Weeks, to $2.66 a Gallon

Regular gasoline jumped 18 cents in the past two weeks to a national average $2.66 a gallon, according to the latest Lundberg Survey of fuel prices.

October 26, 2009