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, Fuel, Government, Logistics

Retailers, Carriers Team to Clean Ports’ Air

A national retail association and coalition of truckers, shippers, importers and exporters have formed a partnership to improve the air quality in the nation’s ports.

September 28, 2009
Fuel, Business, Safety

ATA Asks Interior to Boost Offshore Oil Leases

In a letter outlining the trucking industry’s critical need for fuel, American Trucking Associations asked the Department of the Interior to approve offshore drilling leases.

September 28, 2009
Business, Safety

Fleets More Satisfied With Truck Engines

Fleet operators said they were incrementally more satisfied with their heavy-duty truck engines compared with a year ago, market research and rankings firm J.D. Power and Associates said.

September 28, 2009
Business, Fuel, Technology, Equipment, Safety

Clean Energy to Acquire BAF

Clean Energy Fuels Corp. will buy BAF Technologies, a supplier of natural gas vehicle systems and conversion technology, for $8.3 million.

September 28, 2009
Fuel, Business, Logistics, Government

Gasoline Average Drops 7¢ to $2.52, Lundberg Survey Says

The national average price of gasoline fell 7 cents in the past two weeks to $2.52 a gallon, according to latest Lundberg Survey of fuel prices released Sunday.

September 28, 2009
Letters to the Editor, Business, Government, Safety

Letters: More on Brokers, Harmonized Sales Tax, Cap and Trade

Over the past 25 years of running a freight brokerage operation, I have seen numerous commentaries in Transport Topics written by disappointed and disgruntled carriers putting down the brokerage industry.

September 28, 2009
Editorial, Business, Government, Safety, Logistics

Combating Distracted Driving

The Department of Transportation will host a two-day summit this week on problems surrounding distracted driving and solutions to combat what has become a national epidemic.

September 28, 2009
Business, Government, Safety

Senate Panel Questions Ferro Over FMCSA Confirmation Bid

WASHINGTON — Anne Ferro, President Obama’s choice to head the Federal Motor Carrier Safety Administration, had her day before the Senate Commerce Committee last week as its members weighed her confirmation.

September 28, 2009
Fuel, Government, Business

House OKs Highway Plan

The House of Representatives last week approved a three-month extension of the current highway funding law, over the objections of many House Republicans who said the bill was a step toward raising fuel taxes.

September 28, 2009
Business, Safety

TL Driver Turnover Rates Fall to Historic Lows, ATA Reports

The recession, lower freight levels and job cuts at fleets have combined to push driver turnover at truckload carriers to the lowest level in 14 years during the second quarter, according to American Trucking Associations.

September 28, 2009