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, Fuel, Technology

Tweaking Specifications on Truck Engines Can Raise Fuel Economy, Study Finds

Fleets can save fuel — possibly by as much as 5% — by “overspec’ing” engines, according to PHH FirstFleet, an asset, financial and technology management company for fleets.

September 4, 2007
Business, Government, Safety

iTECH: Volvo Sentry ‘Integrates’ Actual Human Response

In a time when a computer is more likely to answer a business phone than a live human being, getting a call from a breathing, thinking person at 2 a.m. telling you that your Volvo is showing some unusually serious departures from its normal coolant temperature has to qualify as unique

September 4, 2007
Business

Florida Eyes Open-Road Tolling

Florida’s Turnpike Enterprise said Aug. 13 it had started construction on all four of its major toll plazas to convert existing electronic tolling lanes to open-road tolling lanes.

September 4, 2007
Fuel, Business

GM Tests Process to Raise Fuel Economy

General Motors Corp. said it is testing a combustion process in concept cars that could raise fuel economy by 15% over current conventional engines, the Associated Press reported.

September 4, 2007
Business, Safety

July Truck Tonnage Drops 3.7%

Continued softness in the housing industry contributed to another month’s drop in truck freight volume during July, when tonnage fell 3.7% from last year, American Trucking Associations said last week.

September 3, 2007
Business, Safety, Government

STB to Probe Rail Competition

The Surface Transportation Board said it will conduct a sweeping analysis of competition in the U.S. railroad industry, after a new government report raised suspicion that some rail freight rates in selected markets might not be justified or reasonable.

September 3, 2007
Government, Business, Safety, Technology, Equipment

States to Begin Collecting Fees Under New System

FMCSA has cleared the way for states to begin collecting registration fees under the new Unified Carrier Registration system, effectively bringing the curtain down on the widely disliked Single State Registration System.

September 3, 2007
Business, Safety, Logistics, Autonomous

Roadway’s Lewis Is Named 2007 NTDC Grand Champion

MINNEAPOLIS — Alphonso Lewis, a city driver for Roadway Express in Montgomery, Ala., was named grand champion at the National Truck Driving Championships, the first African American to earn the honor.

September 3, 2007
Business, Government, Safety, Autonomous

ATA Files Hours-of-Service Petition

American Trucking Associations submitted a petition Friday asking the Federal Motor Carrier Safety Administration to retain the 11-hour daily driving limit and 34-hour restart provisions of federal hours-of-service rules for truck drivers.

August 31, 2007
Business

Western, Smithway Delay Merger Closing Date

Western Express, which is planning to purchase Smithway Motor Xpress Corp. said late Thursday it would delay the deal’s closing to October because of recent volatility in U.S. credit markets.

August 31, 2007