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

Jackson Stepping Down at DHS

Michael Jackson, deputy secretary at the Department of Homeland Security, will step down from his post Oct. 26, DHS said Monday.

September 24, 2007
Business

UAW Strikes GM Auto Plants

The United Auto Workers called a strike against General Motors Monday in the first nationwide strike against the U.S. auto industry since 1976, the Associated Press reported.

September 24, 2007
Government, Business, Safety

Truck Idling Limits Increasing Nationwide

Truck idling limits in Rhode Island, New Jersey and California are the newest restrictions in a growing list of regional regulations, according to a recent report published by the American Transportation Research Institute.

September 24, 2007
Government, Business, Safety

Volvo’s North American Deliveries Drop

Volvo AB said its heavy truck deliveries for the first eight months of the year fell 4.4% worldwide, while North American deliveries plunged, Bloomberg reported Monday.

September 24, 2007
Government, Business, Safety

FMCSA Supports ATA Motion on Hours-of-Service Rule

The Federal Motor Carrier Safety Administration filed a memorandum with a court in Washington Friday strongly supporting American Trucking Associations’ request that the court’s vacating of provisions of truck driver hours-of-service rules be stayed pending reconsideration by the agency.

September 24, 2007
Business, Government, Logistics

SoCal Ports to Mandate TruckTag Use

PierPass Inc., which operates the off-peak program at Southern California ports, said the container terminals at the Ports of Los Angeles and Long Beach will require trucks to be equipped with TruckTags in order to gain access to the terminals, starting Dec. 1.

September 24, 2007
Government, Business, Equipment

E&MU: Eaton, Truck Makers Ready Medium Hybrid for 2008

Hybrid drivetrains, combining diesel and electric power and developed by Eaton Corp., will be available in 2008 on medium-duty truck chassis made by Freightliner Corp., International Truck and Engine Corp. and Paccar’s DAF, Kenworth Truck Co. and Peterbilt Motors Co., according to several announcements by the manufacturers involved.

September 24, 2007
Business, Equipment

Truck Sales Plunge 58.9% in August

U.S. retail Class 8 truck sales continued their 2007 free fall in August, plunging 58.9% from last year, the fourth straight month sales have dropped more than 50%, Ward’s Communications said.

September 24, 2007
Government, Business, Safety

Driving Hours Remain in Effect

The current truck-driver hours-of-service rules — allowing 11 hours of driving and restarting a week after 34 hours of rest — are likely to remain in place for at least several more weeks.

September 24, 2007
Business, Fuel

European Heavy-Duty Truck Sales Booming

Sharply contrasting with the U.S. drop, sales of heavy-duty trucks are booming in Europe as many fleets buy new models early to reap government incentives to adopt new emission technology before it becomes mandated.

September 24, 2007