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, Safety, Government, Autonomous

DOT Outlines Cross-Border Standards

The Transportation Department said Monday it has published additional details on safety standards and inspection program in place for its cross-border trucking demonstration program.

June 11, 2007
Business

Biofuels Development Could Cost Billions

Extensive biofuels development could cost taxpayers billions over the next 15 years, the Washington Post reported Friday.

June 11, 2007
Business, Government

China’s Truck Sales Booming

China’s vehicle sales rose at the fastest pace in four months, led by economic growth and higher truck demand, Bloomberg reported Monday.

June 11, 2007
Business, Government, Safety, Technology, Equipment, Autonomous

Panel Mulls Network of Truck-Only Lanes

Trucking executive Patrick Quinn proposed building a system of dedicated truck-only lanes to streamline freight movement and the idea has been “well received” by members of a U.S. commission.

June 11, 2007
Government, Business, Safety

Truck Makers’ Exports Climb

Exports of heavy trucks built in North America have risen to 35% of overall output this year, while domestic sales have plunged, analysts and manufacturers said.

June 11, 2007
Business, Safety, Government

Lawmakers Urge Limits to Road Privatization

Key House leaders gave faint praise to plans for public-private transportation projects, but warned states that such deals should preserve the public’s interest by avoiding price-gouging and restrictions on competing roadways.

June 11, 2007
Business, Government

Trailer Buyers Seek Looks, Durability

Despite the wide gap in price and technology between tractors and trailers, trucking firms are often just as exacting in what they demand in the trailers they buy as they are for the trucks.

June 11, 2007
Business, Fuel

Crude Oil Tumbles $2 a Barrel

Crude oil plunged more than $2 a barrel from a nine-month high on concern that rising interest rates may lead to slower growth in demand, Bloomberg reported Friday.

June 8, 2007
Business, Safety, Government, Logistics

Letters to the Editor: Double Brokering, Gasoline Prices

I believe the Transportation Intermediaries Association should solve the problem of “double-brokering” before trying to convince regulators to allow third-party logistics providers to join the Customs-Trade Partnership Against Terrorism.

June 8, 2007