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.
Share the Road Drivers Visit N.Y. Motorcycle Rally
American Trucking Associations’ Share the Road safety program tractor-trailer rode into Lake George, N.Y., last week for a three-day safety demonstration to motorcycle riders.
June 12, 2008Oil Jumps $5 to Top $136 a Barrel
Oil jumped $5 to more than $136 a barrel Wednesday following a Department of Energy report that showed crude inventories fell more than expected last week, Bloomberg reported.
June 11, 2008TWIC Contractor Under Fire for Leaving Callers on Hold
The call center run by the contractor responsible for overseeing the Transportation Worker Identification Credential program has delayed additional enrollments by leaving workers on hold for more than 20 minutes on average, the chairman of the House Committee on Homeland Security said.
June 11, 2008Fed Cites Economic Weakness, Trucking’s Concerns Over Fuel Prices
U.S. economic activity remained generally weak in late April and May, and some trucking companies reported having difficulty passing on high fuel costs to their customers, the Federal Reserve said Wednesday.
June 11, 2008Midwest Floods Damage Roads, Bridges
Heavy rains led to severe flooding in several Midwest states this week, taking out some major roads and rail bridges and causing millions of dollars in damages, news services reported.
June 11, 2008DOT’s Freight Transport Index Rises Slightly
The Department of Transportation’s freight transportation services index for April rose slightly from a year ago, but was unchanged from March, DOT said Wednesday.
June 11, 2008Letters to the Editor: Fuel-Cost Crisis, Drug & Alcohol Testing, Trucker Pride
I joined the company where I work about three months ago, and one of my top-priority jobs has been fuel usage. We had to look at our idling time because all our trucks are sleepers and the drivers run in 48 states.
June 11, 2008TWIC Machines Faulty, Lawmaker Says
Most of the machines that process the Transportation Worker Identification Credential cards are broken, according to a House lawmaker, the Associated Press reported.
June 11, 2008FMCSA Extends CDL-Permit Comment Period to July 9
The Federal Motor Carrier Safety Administration has extended a comment period for states to establish commercial learner’s permits by a month, to July 9.
June 11, 2008Two Truck Drivers Killed in European Fuel-Price Protests
Police cleared striking truckers who were protesting high fuel prices from the Spanish-French border, and two striking drivers were killed in separate incidents in Spain and Portugal, the Associated Press reported Wednesday.
June 11, 2008