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, Logistics

NTSB Bans Employee Cell Phone Use While Driving

The National Transportation Safety Board has instituted a policy banning texting and talking on cell phones by its employees while they are working, the Associated Press reported.

September 9, 2009
Business, Fuel

Diesel Drops for First Time in 7 Weeks

Diesel fell for the first time in almost two months Tuesday, declining 2.7 cents to $2.647 a gallon, the Department of Energy reported.

September 9, 2009
Business

Oil Holds Over $71 a Barrel

Oil held above $71 a barrel early Wednesday after jumping more than $3 on the eve of an OPEC meeting at which the cartel was expected to maintain existing output levels, Bloomberg reported

September 9, 2009
Business, Safety, Government

DOT Launches Freight Management Software

The Department of Transportation has released a new software application that it said will help the transportation industry to deliver products more efficiently.

September 8, 2009
Business, Safety, Fuel

Penske, Freightliner to Host SCR Seminars

Penske Truck Leasing said that it will join truck manufacturer Freightliner in a two-month North American tour of seminars about selective catalytic reduction technology.

September 8, 2009
Government, Business, Safety

E&MU: Regular Check-Ups Prevent Costly Fixes

Ken Eggen at Tango Transport in Shreveport, La., knows that one size doesn’t fit all. That is why he has separate preventative maintenance checklists for each of the three engine models his fleet runs. He goes a step further and sits down with his shop managers quarterly to pick through those checklists and make adjustments.

September 8, 2009
Business

More Software Sales to Trucking Firms Suggest They Are Preparing for Economic Recovery

Technology vendors said sales of enterprise-level software have remained strong in 2009, propelled by carriers’ desire to cut costs now while preparing for the influx of new business that will accompany an economic recovery.

September 8, 2009
Business

S.F.-Oakland Bay Bridge Reopens Following Repairs

The San Francisco-Oakland Bay Bridge reopened Tuesday morning following a weekend of hastily crucial repairs that were completed a day ahead of schedule, the Associated Press reported.

September 8, 2009
Government, Business, Equipment

Obama to Decide Next Week on Chinese Tire Tariffs

The Obama administration will decide by next week whether to put a 55% import tariff on imported Chinese tires, which are gaining a growing share of the U.S. market, the Washington Post reported Tuesday.

September 8, 2009
Letters to the Editor, Business, Government, Safety, Logistics

Letters: 3PLs, Brokers & Shippers, Quality Counts

Are third-party logistics providers a necessary division in the trucking industry? My opinion is “yes.” We are a group of people who work hard to keep customers and drivers happy, at an agreeable rate.

September 7, 2009