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

FMCSA Official Cautions Fleets to Avoid Substandard Recorders

PITTSBURGH — A Federal Motor Carrier Safety Administration official said there are between 30 and 40 companies producing onboard recording devices that fail to meet FMCSA standards.

October 3, 2007
Business, Fuel

Volvo Delivers First 2010 Test Trucks

Volvo Trucks North America said it will begin field testing trucks this month that are designed to meet stricter 2010 U.S. emissions regulations.

October 3, 2007
Government, Business, Safety

Letters to the Editor: Tolling I-80, HOS, Intermodal Bickering

Tolling Interstate 80 under an act passed by both houses of the Pennsylvania General Assembly and signed by Gov. Ed Rendell will have an enormous effect on the economy of Pennsylvania and the trucking industry as a whole.

October 3, 2007
Business

Navistar, UAW in Talks on Expired Contract

Navistar International Corp. said its United Auto Workers union members are reporting to work while the truck maker and the union negotiated a new contract to replace the old agreement that expired Monday, Bloomberg reported.

October 2, 2007
Fuel, Business, Logistics, Government

Diesel Rises 1.6¢ to $3.048

Diesel fuel’s national average pump price rose 1.6 cents to $3.048 a gallon, the Department of Energy said Monday.

October 2, 2007
Business

Qualcomm Renames Wireless Unit

Qualcomm Inc. said it had renamed its wireless business unit, which will now be called Qualcomm  Enterprise Services.

October 2, 2007
Government, Business, Safety

Court Issues 90-Day Stay of Hours’ Decision

A federal appeals court has delayed implementation of its ruling striking down parts of the federal hours of service rule for 90 days — less than half of what had been requested by American Trucking Associations and the Federal Motor Carrier Safety Administration.

October 1, 2007
Business

UPS, Teamsters Agree to Five-Year Contract

UPS Inc. said Sunday it had reached a tentative agreement with the Teamsters union on a new, five-year contract covering the company’s 240,000 full- and part-time U.S. employees.

October 1, 2007
Business, Safety, Government

ISM Factory Index Dips in September

The Institute for Supply Management’s manufacturing index declined in September, ISM said Monday.

October 1, 2007
Government, Business, Safety

Nokia Buying Navteq for $8.1 Billion

Computer and mobile phone giant Nokia has agreed to buy Navteq Corp., a maker of maps used in transportation navigation, for $8.1 billion in cash, the companies said Monday.

October 1, 2007