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, Logistics

Norfolk Southern to Take 1Q Charge on Accident Settlement

Eastern freight rail line Norfolk Southern Corp. said Monday it will take a first-quarter charge of 2 cents per share, related to settlement of an accident claim.

April 7, 2008
Government, Business, Safety, Fuel

Editorial: Picking an Engine Technology

As we move closer to the next federal mandate on emissions — which comes into force for 2010-model heavy-duty trucks — proponents of the two competing technologies are beginning to publicly argue over the superiority of their choices.

April 7, 2008
Government, Business, Logistics

BNSF Idles Freight Cars Due to Downturn

Freight railroad BNSF Railway Co. is parking miles of rail cars in some parts of the country because there is not enough freight to keep them moving, the Associated Press reported Monday.

April 7, 2008
Government, Business, Safety

Volvo Says Engines Can Meet Idling Rule

Volvo Trucks North America said its heavy-duty engines can now be equipped with an option to meet California’s anti-idling restrictions.

April 7, 2008
Business, Safety, Government

Some Analysts See Recovery as ATA Freight Index Gains

The February increase in truck tonnage that American Trucking Associations reported late last month — the fourth straight rise — may signal better times ahead for truckers and the U.S. economy, several industry analysts and observers said.

April 7, 2008
Business

Suppliers Cite Diversification as Key to Surviving Downturn

LOUISVILLE, Ky. — While many of trucking’s most important suppliers had lackluster sales last year and said they expected more of the same through most of 2008, a few said they were able to weather the double-whammy of 2007’s pre-buy hangover and freight drop-off with revenue from investments in foreign markets less affected by the troubles in North America.

April 7, 2008
Business, Government, Safety, Fuel

Originally Promoted to Cut Truck Idling Emissions, APUs Now Embraced by Fleets to Save on Fuel

Auxiliary power units, initially pushed by federal and state governments to reduce air pollution despite concerns by fleet owners and owner-operators over their initial cost, are attracting more buyers who purchase them for the fuel savings, now that average diesel prices are about $4 a gallon.

April 7, 2008
Business, Fuel

EPA Sets $50 Million in Grants for Clean Diesel Projects

The U.S. Environmental Protection Agency said it is making available almost $50 million in grants to establish clean diesel projects aimed at reducing emissions from the nation’s existing fleet of diesel engines.

April 7, 2008
Business, Government, Safety, Logistics, Fuel

Diesel Dips 2.5¢ to $3.964

The national average retail diesel price dipped 2.5 cents a gallon last week after six straight increases, the Department of Energy reported, even as gasoline rose 3.1 cents to set a new record high.

April 7, 2008
Business, Equipment, Technology, Safety

Rates Rise on Indiana Toll Road; Truckers Begin Using I-Zoom

The cost to drive on the Indiana Toll Road rose for all vehicles with three or more axles, as well as two-axle vehicles that were not using the I-Zoom electronic tolling system, which debuted on the road last week.

April 7, 2008