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, Fuel, Equipment

Calif. Says Mack, VTNA, Cummins Engines Meet NOx Standard, Exempt From Idling Rule

The California Air Resources Board has confirmed to Transport Topics that Mack Trucks Inc., Cummins Inc. and Volvo Trucks North America have received certification that their heavy-duty engines meet California’s nitrogen oxide emission standards, providing users an exemption from the state’s five-minute idling regulation.

May 12, 2008
Business, Safety, Government, Logistics

President Bush Declares ‘National Transportation Week’

President Bush declared this week as “National Transportation Week” and Saturday to be “National Defense Transportation Day,” the White House said Friday.

May 12, 2008
Government, Business, Safety

Mexico Seeks Nafta Damages

Mexico’s principal trucking group said its members have lost more than $2 billion a year because the United States has refused to allow cross-border trucking as required by the 1993 North American Free Trade Agreement and that it is seeking damages through arbitration.

May 12, 2008
Government, Business, Safety, Fuel, Logistics

ATA Unveils Sustainability Plan; Backs Truck Fuel-Use Standard

American Trucking Associations launched a major initiative to meet the industry’s growing fuel-price crisis, supporting for the first time national truck fuel-economy standards.

May 12, 2008
Business, Equipment, Safety

Component Manufacturers Expand Overseas

Major suppliers of drivetrain components, brakes and suspension parts are following the lead of truck and engine makers by expanding production and distribution outside North America, while revamping existing operations to lower costs and develop new products.

May 12, 2008
Business, Fuel, Government

Diesel Price Slips 2.8¢ to $4.149

The average price of retail diesel slipped 2.8 cents last week from its all-time record — the first decline in four weeks — as the Department of Energy released a prediction that prices would remain above $4 a gallon for the foreseeable future.

May 12, 2008
Business

Oil Closes Week Near $126 a Barrel

Oil futures jumped for a fifth straight day Friday, shooting past $126 a barrel for the first time and closing the week near that level on the New York Mercantile Exchange, the Associated Press reported.

May 9, 2008
Government, Business, Safety, Fuel

ATA Unveils Sustainability Initiative for Trucking Industry

American Trucking Associations and a group of trucking companies Thursday launched a program of initiatives to move the trucking industry toward a more sustainable future, which includes steps to reduce carbon dioxide emissions from heavy trucks.

May 8, 2008
Business, Safety

Intermodal Traffic Falls 3.7% for Week

Rail intermodal traffic fell 3.7% for the week ended Saturday compared with the same week last year, the Association of American Railroads said.

May 8, 2008
Business

Rush Buys N.C. Truck Dealerships

Truck dealership Rush Enterprises said Thursday it has acquired Peterbilt Carolina, which includes a Peterbilt, Hino and Isuzu heavy- and medium-duty truck dealership.

May 8, 2008