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.
ATA Endorses Texting Ban for All Vehicle Operators
LAS VEGAS — As the push to outlaw driving distractions grows, American Trucking Associations endorsed a U.S. Senate effort to ban text messaging by motor vehicle operators.
October 12, 2009Trucking Industry to Face Major Challenges, Slow and Choppy Recovery, Economists Say
LAS VEGAS — While a recovery from the recession appears to have started during the third quarter, it is likely to be an extremely bumpy road back to prosperity and trucking will continue to face major challenges in the year ahead, according to a panel of economists.
October 12, 2009‘Unsettling, Challenging Times’ In Trucking’s Future, Graves Says
LAS VEGAS – Even after surviving a tough 2009, American Trucking Associations President Bill Graves told trucking executives here that the future promises to be even tougher given the changes being experienced by the country and the industry.
October 12, 2009FMCSA Promises Changes in Fleet Safety Evaluations
LAS VEGAS — Federal Motor Carrier Safety Administration officials told trucking executives here they should prepare for radical changes in how the agency evaluates the safety of fleets, beginning next year.
October 12, 2009ArvinMeritor Wins Antitrust Lawsuit Against Eaton in Transmission Battle
Heavy-duty trucking supplier ArvinMeritor Inc. last week won an antitrust case against competitor Eaton Corp., as a federal court jury found Eaton had made deals with truck makers that shut ArvinMeritor out of the heavy transmission market.
October 12, 2009DOT to Let Fleets See Records Of Driver Applicants for 1st Time
LAS VEGAS — The Federal Motor Carrier Safety Administration said it will allow carriers to look at parts of the driving records of prospective employees, the first time fleets will be allowed such access.
October 12, 2009Diesel Fuel Drops 1.9¢ to $2.582 for 5th Straight Weekly Decline
U.S. retail diesel prices fell 1.9 cents to $2.582 a gallon last week in the fifth consecutive decline, a run that has seen the average cost of trucking’s main fuel fall 9.2 cents, the Department of Energy said.
October 12, 2009Tommy Hodges Becomes ATA Chairman
American Trucking Associations said its board has named trucking executive Tommy Hodges ATA’s new chairman.
October 9, 2009Court Rules for ArvinMeritor in Transmission Lawsuit
A federal court has ruled in favor of trucking supplier ArvinMeritor Inc. over Eaton Corp., in which ArvinMeritor had accused its competitor of violating antitrust law in the sale and marketing of heavy-duty truck transmissions.
October 9, 2009Investors to Buy Livingston International
Canadian customs brokerage firm Livingston International Income Fund said that it has agreed to an acquisition offer from CPP Investment Board and Sterling Partners.
October 9, 2009