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, Safety, Fuel

DDC Asks EPA Approval for Its 2010 SCR Engines

Detroit Diesel Corp. completed its filing with the U.S. Environmental Protection Agency for approval of its 2010 truck engines, the third U.S. engine maker to do so, the company said Sept. 29, adding that it also filed with the California Air Resources Board.

October 5, 2009
Business, Government

Industry Groups Blast UCR Plan while States Support Fee Hike

In comments to the Federal Motor Carrier Safety Administration about the agency’s proposed sharp Unified Carrier Registration fee increase, industry groups and state enforcement agencies continued to debate the need for and size of the increase.

October 5, 2009
Business, Equipment

ComVest, Wayzata Vie to Be ‘Stalking Horse’ as Gainey Corp. Bankruptcy Enters 2nd Year

The Gainey Corp. bankruptcy case, the longest-running reorganization among large carriers, will enter its second year on Oct. 14 when a top bidder for the trucker is scheduled to be announced, setting the stage for an auction.

October 5, 2009
Business, Safety, Government

New U.S. Study Says Wetlines Incidents Led to 13 Deaths Over 10-Year Period

Damaged or ruptured tank-truck wetlines resulted in 13 fatalities and seven injuries over the past 10 years, according to a new analysis by federal regulators.

October 5, 2009
Business, Government, Safety

Senate, Obama Administration Unveil Plans to Pursue Major Greenhouse Gas Emitters

Both the Senate and the Obama administration last week unveiled major initiatives to crack down on the largest U.S. emitters of greenhouse gases.

October 5, 2009
Business, Government, Safety, Fuel

DDC Asks EPA Approval for Its 2010 SCR Engines

Detroit Diesel Corp. completed its filing with the U.S. Environmental Protection Agency for approval of its 2010 truck engines, the third U.S. engine maker to do so, the company said Sept. 29, adding that it also filed with the California Air Resources Board.

October 5, 2009
Business, Government, Safety

Daimler Reverses Its Decision to Close Portland Truck Plant

Three major truck makers altered their manufacturing activities last week. Daimler Trucks reversed its decision to shutter its Portland, Ore., plant; Peterbilt Motors closed its dormant Madison, Tenn., factory; and Navistar International announced it has found a Chinese manufacturer with which it will work as part of its partnership with Caterpillar Inc.

October 5, 2009
Business, Safety, Government

DOT to Ban Texts, Limit In-Cab Devices

WASHINGTON — The Obama administration will move to ban cell-phone texting by truck drivers and to restrict the use of other in-cab communications units, according to Transportation Secretary Ray LaHood.

October 5, 2009
Government, Business, Safety, Fuel, Logistics

Diesel Fuel Slips 2.1¢ to $2.601 In Fourth Straight Decline

U.S. retail diesel prices dipped again last week as the national average reached $2.601, 2.1 cents lower than the week before, according to the Department of Energy.

October 5, 2009
Business, Safety

August Freight Volumes Climb to Highest Level in Six Months

August truck tonnage volumes reinforced signs of a recovering economy, reaching the highest level in six months and recording the best year-over-year performance since November, according to American Trucking Associations.

October 5, 2009