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.

Letters to the Editor, Business, Government, Fuel

Letters: Cash for Truckers, CARB’s Letter, Mexican Border Flap, More Reregulation

While the highly popular Cash for Clunkers program boosted the sales of new autos, both foreign and domestic, it is unknown if it will have any noticeable effect on the economy, jobs, energy or the environment.

August 31, 2009
Editorial, Business, Safety

The Real Story

When trucks and truck drivers are mentioned in the general media, they seem almost invariably to be put in a bad light.

August 31, 2009
Business, Technology

DOD Extends Deadline for Carriers to Install Trailer-Tracking Technology

The Department of Defense has extended its deadline for carriers to install new trailer-tracking hardware and software when hauling the military’s high-security and sensitive commodities, including arms, ammunition and explosives.

August 31, 2009
Business, Equipment

Detroit Diesel, Other Makers Submit 2010 Engines to EPA

Detroit Diesel Corp. said it will submit its first heavy-duty 2010 engine for U.S. Environmental Protection Agency certification during September, joining Cummins Inc., Mack Trucks Inc. and Volvo Trucks North America, which already have submitted applications to the agency.

August 31, 2009
Business, Government, Safety

FMCSA May Test Proficiency Of Start-Up Motor Carriers

In its first major regulatory action under the Obama administration, the Federal Motor Carrier Safety Administration said last week it may for the first time require new trucking companies to pass a proficiency exam before being allowed to begin operations.

August 31, 2009
Business, Safety, Government

July Truck Tonnage Falls 10.4%

American Trucking Associations’ tonnage index fell 10.4% in July from a year ago, the slowest rate of decline since February, offering another sign that the sick U.S. economy may be starting to heal.

August 31, 2009
Business

Manufacturers Study Lighter Truck Materials

Aluminum and steel makers, and at least one truck manufacturer, said they are working to design truck cabs and frames using lightweight materials that could reduce a tractor’s weight by 20% to 25%.

August 31, 2009
Business

October Container Volume Expected to Decline More Than 18% From Year Ago at U.S. Ports

October container volume at U.S. ports is expected to drop more than 18% from the same month last year — and down more than 25% from the record-making peak season of October 2006, economic forecasters said.

August 31, 2009
Business

Gainey Corp. Tweaks Reorganization Plan

Gainey Corp.’s plan to reorganize into a trucking company with 80% ownership by an Arizona investor moved a step closer to completion last week after further negotiations yielded a fully supported plan, the company’s CEO said.

August 31, 2009
Business, Safety, Government

Con-way Driver Honored as NTDC Grand Champion

PITTSBURGH — Like many other champion truck drivers, Dale Duncan first took the wheel in childhood, on a family farm in Indiana, where his father supplemented the family income by driving a truck.

August 31, 2009