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

Construction Spending Increases 0.3%

Construction spending rose in March for the first time in six months, the Commerce Department said Monday.

May 4, 2009
Business

Love's Travel Stops to Install DEF Containers for 2010 Trucks

Love's Travel Stops and Country Stores said it will begin installing bulk containers for diesel exhaust fluid, an additive needed for most 2010 diesel truck engines, at 50 of its truck stops beginning in the fourth quarter of this year.

May 4, 2009
Government, Business, Safety

EPA Faces Question on Ethanol’s Effects

The Environmental Protection Agency is close to proposing standards for ethanol use, but officials face a question on whether or not ethanol’s indirect effects on the environment should be considered in the rule-making process, the Associated Press reported Sunday.

May 4, 2009
Business, Safety, Government

Xata Narrows Loss in 2Q

Transportation software firm Xata Corp. said Monday it lost $443,000, or 5 cents per share, in its fiscal second quarter, compared with a loss of $1.3 million, or 17 cents, a year ago.

May 4, 2009
Letters to the Editor, Business

Letters: After the Recession

Outside of short-term survival, the biggest risk to a trucking company operating in a recession is how it is positioned when freight levels return.

May 4, 2009
Editorial, Business, Government, Safety

Port Plan Progress

The most onerous and misguided portions of the plan by the ports of Los Angeles and Long Beach to reshape the trucking industry there have been enjoined by a federal court, at least for now.

May 4, 2009
Government, Business

Highway Bill to Focus on Policy Changes Rather Than Costs, Oberstar Predicts

WASHINGTON — With the expiration of the current highway authorization just five months away, leaders in the House and Senate said they were preparing to draft its replacement with an eye on major structural changes.

May 4, 2009
Government, Business

ArvinMeritor Opens Remanufacturing Plant for Mascot Truck Parts Division in Ontario

MISSISSAUGA, Ontario — ArvinMeritor Inc. officially opened its new remanufacturing facility here for its Mascot Truck Parts division, the latest development in the company’s expanding presence in this niche of the truck equipment business.

May 4, 2009
Government, Business, Safety, Fuel

Judge Blocks Calif. Owner-Operator Ban

A federal judge last week issued a preliminary injunction blocking many of the provisions in the clean trucks plans of the Ports of Los Angeles and Long Beach, including the controversial ban on independent drayage owner-operators at Los Angeles.

May 4, 2009
Business, Government, Safety

Refrigerated Fleets Stable as Other Sectors Struggle

The refrigerated sector of the trucking industry has been the only healthy activity for fleets in the current recession. Refrigerated truckload shipments grew slightly from last year, but dry vans, tankers and flatbeds all dropped substantially, industry executives and American Trucking Associations said.

May 4, 2009