Business
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.
EPA Offers Grants to Fleets to Help Buy ‘Greener’ Trucks
The Environmental Protection Agency last week launched a program that could give fleet owners up to 25% of a new vehicle’s cost for every diesel truck it replaces with a diesel-electric hybrid, liquefied natural gas or other alternate-fueled engine.
March 23, 2009Mexico Retaliates With Tariffs After U.S. Halts Border Program
Just days after Congress and the Obama administration shut down the controversial cross-border trucking pilot program with Mexico, government officials there struck back last week, imposing new tariffs on about 90 U.S. products valued at about $2.4 billion.
March 23, 2009EPA to OK Copper Zeolite for SCR, Cummins Says
LOUISVILLE, Ky. — Cummins Inc. said it is confident the Environmental Protection Agency will approve the company’s use of copper zeolite in engines de-signed to meet 2010 emission rules, removing any potential roadblock for the new models.
March 23, 2009FedEx Corp. Profit Tumbles
FedEx Corp.’s freight unit last week posted its first-ever operating loss, falling victim to the recession that cut both rates and freight volumes. It announced cost-cutting moves that included job reductions and the closing of its California general office.
March 23, 2009Fleets Struggle to Achieve Productivity Gains
The ability to track the location and contents of trailers, in theory, can help carriers haul more goods in fewer trailers.
March 23, 2009Chicago Area Has Worst Traffic Bottleneck, Study Finds
The worst U.S. traffic bottleneck is on the south edge of Chicago, according to a pioneering study that uses electronic data from trucks — a research method that could influence future transportation spending debates.
March 23, 2009Testing of AutoSock Under Way in Colorado
Transportation officials in Colorado said initial feedback from commercial drivers who have used the AutoSock, a heavy-duty cloth covering for tires, has been positive, and it could become an accepted alternative to metal snow chains.
March 23, 2009OEMs Battle Over Engines
LOUISVILLE, Ky. — Truck and engine makers took advantage of one of the last major marketing forums before the onset of new federal emission rules to starkly set the stage for buyers of heavy-duty vehicles in choosing between SCR and EGR for their diesel engines.
March 23, 2009Daum to Replace Patterson as DTNA Chief
Chris Patterson will step down as president of Daimler Trucks North America on June 1, some four years after taking the reins of the nation’s largest heavy-duty truck maker.
March 23, 2009Court Backs ATA on SoCal Ports’ Truck Plan
A federal appeals court ruled Friday in favor of an American Trucking Associations appeal that a plan put in place by the Southern California ports of Long Beach and Los Angeles to regulate trucking violates federal law.
March 20, 2009