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.

Fuel, Business

Maersk to Offer U.S. Chassis Pool

Maersk Line said it will offer its container chassis to drayage firms, ocean carriers, marine terminals and railroads for use throughout the country, a move company officials said will reduce delays for truck drivers and decrease fuel consumption and carbon emissions.

June 22, 2009
Government, Business, Fuel

Senate Panel Approves Renewable Energy Bill

The Senate Energy and Natural Resources Committee has approved legislation that would open more of the eastern Gulf of Mexico to oil and gas drilling, Bloomberg reported.

June 22, 2009
Business, Technology

Atlas Buys Self-Service Moving Company

Atlas World Group said it has purchased the assets of self-service moving company Smart Move Inc.

June 22, 2009
Letters to the Editor, Business, Logistics

Letters: Wise Up, 3PLs

I know we’re in a national recession, money and credit are very tight and the banks are hogging all the money and have put wicked restrictions on everyone’s cash flow. But despite these money problems, third-party people seem to expect the trucks they hire to run for nearly free — especially when it comes to hauling overdimensional freight.

June 22, 2009
Editorial, Business, Fuel, Government

Fuel Prices vs. Speculators

The use of diesel fuel has fallen sharply as freight levels have nose-dived during the global recession. The home-heating oil season has ended, so there is no competition for the distillate both heating oil and diesel are made from.

June 22, 2009
Business, Government, Safety

DOT Prepares to Issue New Rule to Cut Truck Stopping Distance

The Department of Transportation is preparing to issue its long-delayed rule that would slice the stopping distance for large trucks by as much as 30%.

June 22, 2009
Business, Government

Wyoming Legislators Consider Tolling I-80

Wyoming legislators are considering a highway funding plan that could cost trucks more than $100 in tolls to run the full 400 miles across the state on Interstate 80.

June 22, 2009
Government, Business, Safety, Equipment

May Class 8 Truck Sales Drop 39%

Heavy-duty U.S. truck sales continued their severe slide into a fifth month, as retail volume fell 39% in May, while the year-to-date total now lags the pace of last year by 33.9%, according to WardsAuto.com.

June 22, 2009
Government, Business, Safety, Fuel

SCR Engine Makers Deny Navistar Claims

Several truck and engine manufacturers who plan to use selective catalytic reduction technology to meet 2010 emission standards have denied allegations by Navistar Inc. and have asked a federal appeals court to give them standing to argue against Navistar’s lawsuit against the U.S. Environmental Protection Agency.

June 22, 2009
Business, Government, Safety, Fuel, Equipment, Technology

EGR vs. SCR Battle Also Rages in Truck Classes 3-7 for 2010

Diesel emission standards change again in January 2010, but unlike the previous modifications when all manufacturers used essentially the same emission-controlling technology, medium-duty truck buyers next year will have a choice of competing systems.

June 22, 2009