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.

Business, Safety, Government

Alabama Gov. Signs Steel-Coil Control Law

Alabama Gov. Bob Riley (R) signed into law a measure requiring truck drivers transporting steel coils to be properly trained so that coils are tied down securely, according to the governor’s Web site.

March 23, 2009
Business, Technology, Equipment, Safety

Technicians to Face More Fault Codes With Use of OBDs, Engine Makers Say

Truck technicians next year will have to deal with a pronounced increase in engine fault codes because of the onboard diagnostics systems added to 2010 and later model engines, engine makers said.

March 23, 2009
Business, Logistics, Government

Gas Dips 1¢ to $1.95, Lundberg Says

The national average price of regular gasoline fell by a penny over the past two weeks to $1.95 a gallon, the first decline of the year, according to the latest Lundberg Survey of filling stations released Sunday.

March 23, 2009
Business, Logistics

Existing Home Sales Rise 5.1% in February

Existing homes sales rose 5.1% in February, the National Association of Realtors said Monday.

March 23, 2009
Business, Technology, Equipment, Safety

Garmin Introduces Truck-Specific GPS Navigator

Garmin International announced last week a global positioning system navigator that it said is its first portable navigation device designed exclusively for the trucking industry.

March 23, 2009
Business, Safety, Technology, Fuel, Equipment

Three DEF Manufacturers Gain API Certification

Several companies that blend diesel exhaust fluid, the urea solution used in truck engines with selective catalytic reduction systems, have had their blends certified by the American Petroleum Institute.

March 23, 2009
Letters to the Editor, Business

Letters: Oak Harbor Strike, Freight Brokers, Mexican Trucks, Cap-and-Trade

Teamsters International Vice President Al Hobart brags that “due to the effectiveness of the [union] strike,” Oak Harbor Freight Lines has been forced to cut its workforce by more than 50%. Is this something to be proud of?

March 23, 2009
Editorial, Business, Fuel

The Great Louisville Debate

SCR vs. Advanced EGR: The face-off in Louisville had all the earmarks of a hotly contested debate, with competing manufacturers and suppliers assembling their best arguments and putting on their most compelling displays while attempting to sway opinion as to why one 2010 clean-engine technology is better than the other.

March 23, 2009
Business, Equipment

Feb. Class 8 Sales Sink 39% to Lowest Level in 26 Years

Class 8 truck volume set a 26-year low in February as U.S. manufacturers and their dealers sold only 6,236 heavy-duty vehicles.

March 23, 2009
Fuel, Business, Equipment

Navistar Unveils 15-Liter Engine; EGR Unit Uses Caterpillar Block

LOUISVILLE, Ky. — Navistar Inc. said it soon will introduce a 15-liter engine, which combines the fuel-induction technology of its 11-liter and 13-liter MaxxForce models with the block and other basic components of a Caterpillar C15 power plant.

March 23, 2009