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.
TSA Assessing Results of Trucking Security Program
A recently concluded pilot program in Missouri will help the Transportation Security Administration assess and improve the security of U.S. highways and motor carriers, TSA said Wednesday.
September 12, 2007FMCSA Waiting on Hours-of-Service Actions
John Hill, head of the Federal Motor Carrier Safety Administration, said Friday that the agency was waiting to see if other interested parties took action to delay implementation of a court ruling eliminating significant portions of the hours-of-service rule.
DHS Sets Radiation Detection Project
The Department of Homeland Security’s nuclear detection office has begun a pilot program to provide maritime radiation detection capabilities for state and local authorities in Washington state and California, DHS said Sept. 5.
September 12, 2007Senate Votes Against Mexican Trucks Program
Less than a week after the first Mexican trucks were allowed by the Transportation Department past a border zone, the Senate voted on Tuesday to ban Mexican trucks from U.S. roadways, the Associated Press reported.
September 12, 2007FMCSA Finishes Initial Testing of Technology for Wireless Roadside Vehicle Inspections
The Federal Motor Carrier Safety Administration said it successfully completed phase-one testing of wireless roadside inspection technology for commercial vehicles.
September 12, 2007Letters to the Editor: Opening the Borders, HOS (Cont’d.)
If the U.S. Department of Transportation grants entry to a Mexican truck, Transport Canada won’t do anything to keep it out of Canada.
September 12, 2007Paccar Sets 3-for-2 Stock Split
Truck maker Paccar Inc. said Tuesday it will undertake a 3-for-2 split its stock and increase its quarterly dividend by 8%.
September 11, 2007Diesel Prices to Peak This Month, DOE Says
Retail diesel prices will peak this month before beginning a slow decline through the end of the year, the Energy Department said Tuesday.
September 11, 2007U.S. Xpress Execs Boost Offer
U.S. Xpress Enterprises executives said they boosted the company’s buyout offer to take the company private by 10 cents a share, to $20.10 per share.
September 11, 2007Oil Closes at Record $78.23 a Barrel
Crude oil rose to a record closing price of $78.23 a barrel Tuesday on speculation that OPEC’s agreement to boost production by 500,000 barrels a day will fall short of rising demand, Bloomberg reported.
September 11, 2007