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.
FMCSA’s Bad Solution
The Federal Motor Carrier Safety Administration has proposed “fixing” the underperforming revenue aspects of its Unified Carrier Registration agreement by shifting more of the financial burden to the nation’s law-abiding trucking fleets.
September 7, 2009July Trailer Orders Increase, But Industry Remains Weak
Net orders for new commercial trailers in July increased 16% from a year ago and were up 4% from the previous month, according to ACT Research Co.
September 7, 2009Registration Fees to Rise
Registration fees that trucking companies and freight brokers must pay will more than double to as much as $83,000 in 2010 under a plan put forward by the Federal Motor Carrier Safety Administration last week.
September 7, 2009Economists Express Optimism as Factory Activity Improves
Some key manufacturing indicators showed gains last week, a sign the economy is shifting from recession to expansion, several economists said. However, they warned that the turnaround is uneven, which makes business statistics confusing and trends difficult to track clearly.
September 7, 2009Port Group Working With EPA to Create SmartWay Program for Drayage Trucks
An organization of truckers, shippers and ocean carriers said it is partnering with the U.S. Environmental Protection Agency to develop a voluntary SmartWay certification process for port drayage operators.
September 7, 2009Miles Traveled Rises in June From Year Ago
Total vehicle-miles traveled on U.S. highways increased 2% in June to 256.7 billion miles compared with June 2008, the second year-over-year increase in the past three months, the Federal Highway Administration reported.
September 7, 2009TMC to Hold Annual SuperTech Competition
Eighty-two maintenance technicians will compete for national industry honors, while fleet managers grapple with clean-vehicle technology options and universal equipment warranties at SuperTech and the fall meeting of the Technology & Maintenance Council.
September 7, 2009Experts See Bright Spot in Domestic Intermodal
Domestic intermodal continues to be a relatively strong performer and an attractive alternative for motor carriers today in weak freight markets, said an industry official and two analysts.
September 7, 2009Freight Seen Remaining Weak Until Consumer Spending Rises
Fleets shouldn’t expect a pickup in freight business anytime soon, because wary consumers remain reluctant to spend and shippers continue to stock less inventory, fleet executives and industry experts said.
September 7, 2009Truckload Gains in August after Poor Second Quarter
After a grim season of second-quarter truckload earnings reports, robust August postings on a key freight load board hint the month just ended might be a turning point for the truckload sector.
September 7, 2009