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, Equipment

Truck Sales Continue Slide

U.S. Class 8 truck sales continued to slide during September, with truck makers recording 28.7% fewer deals than they completed in the corresponding month last year, according to data supplied by WardsAuto.com.

October 19, 2009
Business

Rising Sales, Falling Inventories Brighten Trucking’s Prospects

Recent economic reports showing that inventory levels are dropping and that retail sales are increasing provided some welcome positive news for trucking executives last week.

October 19, 2009
Business, Government, Safety

Intermodal Firms Scramble to Meet U.S. Chassis Rule

After 10 years of fighting to get the federal government to change the safety rules on intermodal freight container chassis, freight companies and their industry groups are scrambling to meet the first important compliance deadline.

October 19, 2009
Business, Safety

I-80 Tolls Could Cause More Accidents, Increase Business Costs, Group Says

A study released by a group opposed to tolling Interstate 80 in Pennsylvania found that tolls would not only raise the cost of doing business in the region, but likely would result in an increase in crashes as vehicles divert away from the highway.

October 19, 2009
Business, Government, Safety

Homeland Security Gives States More Time for Delayed Implementation of REAL ID

The Department of Homeland Security has given states several more weeks to request an extension for implementing toughened driver’s licenses and identification card security standards mandated by the 2005 REAL ID law.

October 19, 2009
Business, Government

Truck Stops, Retailers Push Congress for Relief from Credit Card Issuers’ Transaction Fees

Retail groups, including the trade association representing truck stops, are urging Congress to enact legislation that would regulate the fees retailers are charged by credit card companies.

October 19, 2009
Business, Government, Safety, Fuel

OEMs, Fleets Seek to Ensure DEF Quality for New Engines

LAS VEGAS — As the deadline nears for implementation of the latest change in federal emission rules, truck makers and fleets are moving to ensure that the supply of required diesel exhaust fluid is pure.

October 19, 2009
Business, Technology, Equipment, Safety

Landstar Says Profit Drops, But Freight Is Improving

Landstar System Inc., the fifth-largest truckload carrier, last week reported a 39% drop in net income to $20.1 million from the same quarter of 2008.

October 19, 2009
Business, Safety, Government

Transport Advocates Optimistic About Road Bill Early Next Year

Transportation officials said they are optimistic Congress still will pass a long-term highway bill in coming months, but the exact timetable could depend on how quickly lawmakers wrap up debate on other legislation.

October 19, 2009
Business

Freightliner Redesigns On-Highway Coronado

Freightliner Trucks introduced its new on-highway Coronado model, which it described as its “top-of-the-line heavy-duty truck” aimed at the owner-operator.

October 19, 2009