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

ATA Files Appeal in SoCal Ports Case

American Trucking Associations has filed an appeal with the Ninth Circuit Court of Appeals, claiming that a lower court did not follow the circuit court's directions in granting an injunction in its continuing fight with the ports of Los Angeles and Long Beach, the Long Beach Press-Telegram reported.

May 19, 2009
Business, Safety, Government

Opinion: Freight Broker Liability

Against the backdrop of a recent multimillion-dollar verdict against one of the world’s largest freight brokers, now is a good time for freight brokers across this country to review their procedures to reduce exposure to similar liability.

May 19, 2009
Government, Business, Safety, Fuel

Obama Unveils New Emissions Standards

President Obama Tuesday outlined his administration’s comprehensive plan to curb emissions from cars and light trucks, saying the rules would cut dependence on imported oil and move the United States toward a “clean energy” economy, the Associated Press reported.

May 19, 2009
Fuel, Business, Logistics, Government

Diesel Rises 1.5¢ to $2.231; Gas Gains 6.9¢

The national average price of diesel fuel rose for a second straight week, gaining 1.5 cents to $2.231 a gallon, the Department of Energy said.

May 19, 2009
Business, Logistics

CEVA Logistics Awarded Contract with Powerwave

CEVA Logistics has been awarded a contract to handle forwarding services for U.S.-based wireless technology company Powerwave Technologies, Ceva said.

May 19, 2009
Government, Business, Safety, Logistics

Daimler Gives Schneider Trucks With 2010-Compliant Engines

The two main truck and engine companies of Daimler Trucks North America said they have provided truckload carrier Schneider National with two more test tractors powered by 2010-compliant diesel engines.

May 18, 2009
Business, Government, Safety

Caterpillar to Cut Worker Hours at Ind. Engine Plant

Heavy equipment and diesel engine maker Caterpillar Inc. said it will cut hours at least in half for 985 workers in its Lafayette, Ind., plant, the Associated Press reported Monday.

May 18, 2009
Government, Business, Safety, Logistics

California Reefer Rule Illegal, ATA Tells Court

California’s transport refrigeration unit rule illegally imposes a national requirement on all motor carriers that enter the state, attorneys for American Trucking Associations and the Truckload Carriers Association told a federal appeals court.

May 18, 2009
Business

Volvo Sets Agreement With UAW on Mack Retirement Fund

Mack Trucks parent company Volvo AB has reached agreement with the United Auto Workers to create an independent trust responsible for the health care of Mack retirees, the Associated Press reported Monday.

May 18, 2009
Business, Government

Annual Roadcheck Event Set for June 2-4

Some 10,000 inspectors will be deployed across Canada, Mexico and the United States June 2-4 as part of the Commercial Vehicle Safety Alliance’s annual Roadcheck event.

May 18, 2009