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, Fuel

DOT, California at Odds Over Emissions Plan

The U.S. Transportation Department believes that California’s plan to enact a program to cut global-warming emissions from vehicles is a state-level fuel-economy rule, Bloomberg reported.

July 2, 2007
Business, Safety

Editorial: Improving SafeStat, Again

The votes are in, and it’s clear that while federal referees believe that the SafeStat carrier-safety scoring program has been improved in recent times, they agree that it’s not yet ready for prime time.

July 2, 2007
Government, Business, Safety

Sluggish ’07 Sales Push Prices Down

Despite discounts and incentives on new trucks that have narrowed the price gap between them and previous versions, dealers say that few of the models with 2007 engines are selling.

July 2, 2007
Business, Safety, Government, Technology, Equipment

DOT Inspector General Urges More SafeStat Improvements

WASHINGTON — The Federal Motor Carrier Safety Administration’s safety rating system has been improved but is still not ready to return to public view, said the Department of Transportation’s inspector general.

July 2, 2007
Business, Fuel, Government

Varied Oil Charges Make Forecasts Difficult, Analysts Say

James Burr likens the job of forecasting diesel fuel prices to that of a television weatherman.

July 2, 2007
Business

Fuller, Quinn Offer $176 Million to Take U.S. Xpress Private

The two founders of truckload carrier U.S. Xpress Enterprises said they want to buy back the part of the company they don’t already own for an estimated $176 million, taking the $300 million company private.

July 2, 2007
Business, Government

FMCSA Extends Mexican Trucks Comment Period

The Federal Motor Carrier Safety Administration said Friday it is extending the public comment period for its June 8 Federal Register notice concerning the cross-border trucking demonstration program through Monday, July 9.

June 29, 2007
Business, Safety, Government

Nafta Surface Trade Jumps 5.3%

Surface trade among the United States, Canada and Mexico was 5.3% higher in April than a year earlier, the biggest year-to-year increase since August 2006, the Department of Transportation said.

June 29, 2007