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, Government, Safety, Autonomous

FMCSA Allows Longer Period to Comment on UCR Fee Hike

As trucking groups continue to express opposition toward the Federal Motor Carrier Safety Administration’s proposal to more than double registration fees starting in 2010, the agency said it was extending the public comment period by 10 days.

September 21, 2009
Business, Government, Safety, Logistics, Autonomous

Mohawk Truck Technician Tops at SuperTech 2009

RALEIGH, N.C. — After four years of learning, technician Christopher Tate, 37, overcame the challenges of 81 competitors, 14 skills station hurdles and a four-hour written test to lay claim to the title of grand national champion of SuperTech 2009.

September 21, 2009
Business

FedEx’s Net Income Drops 53% in Quarter

FedEx Corp.’s Freight unit re-versed two quarters of losses and posted a $2 million profit in the first quarter of fiscal 2010, but the corporation’s net income fell 53% to $181 million from a year earlier.

September 21, 2009
Business, Safety, Government

House Panel Develops Highway Law Extension

The House transportation committee is preparing a short-term extension of the current highway funding law, while continuing work on a long-term replacement for the legislation that expires in less than two weeks.

September 21, 2009
Business, Government, Safety, Equipment, Autonomous

Buyers to Have More Brake Choices

RALEIGH, N.C. — The federal stopping-distance rule announced in late July will generate lots of technical choices for truck buyers, but manufacturing executives told fleet managers here the engineering changes should be minimally disruptive.

September 21, 2009
Government, Business, Fuel

Diesel Price Declines Again

The U.S. retail diesel average price fell 1.3 cents to $2.634 a gallon in its second consecutive post-Labor Day dip, the Department of Energy said last week.

September 21, 2009
Business

Chrysler’s Illinois Plant to Boost Output

Chrysler Group will add a second shift with about 850 workers at its Belvidere, Ill., plant to boost production of its Dodge Caliber crossover car, Bloomberg reported.

September 18, 2009
Business, Safety, Government, Technology

Maine Using Cameras, Scales to Catch Weight Violators

The Maine Department of Transportation has installed cameras and scales in an attempt to catch weight violations in trucks that avoid a weigh station on Interstate 95, the Portsmouth (N.H.) Herald reported Friday.

September 18, 2009
Business, Safety, Government

Rail, Intermodal Traffic Decline for Week

Intermodal rail traffic in the United States fell 25.8% last week from the same week a year ago, the Association of American Railroads said in its weekly report.

September 18, 2009
Fuel, Business, Logistics

Schneider to Close Fueling, Maintenance Facilities in Wis., Ohio

Truckload carrier Schneider National will close fuel and maintenance centers in Wisconsin and Ohio, eliminating some jobs and relocating some employees, the Green Bay (Wis.) Press-Gazette reported.

September 18, 2009