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.
Court Rejects Hours of Service Challenge
A federal court rejected a request that it overturn the driver hours-of-service rule retaining controversial longer driving times that the Federal Motor Carrier Safety Administration issued last month.
January 28, 2008Truck Stops a Growing Sales Channel for Tire Makers
As truck stops become more consolidated into a few large national networks, tire manufacturers are finding that they can provide fleets with a full range of tire services — not simply emergency repairs and replacements — while trucks are on the road.
January 28, 2008Diesel Price Average Falls 5.6¢ to $3.27
The U.S. national average retail diesel fuel price fell 5.6 cents a gallon last week to $3.27, while gasoline dipped 5.1 cents to $3.017, the Department of Energy said.
January 28, 2008Diesel Drops 2.8¢ to $2.268
<?xml:namespace prefix = o />Diesel fuel’s national average price fell 2.8 cents to $2.268 a gallon, the Energy Department said Monday.
January 26, 2008December Truck Tonnage Rises 1.4%
Truck tonnage in December rose 1.4% from a year ago, American Trucking Associations said in its seasonally adjusted for-hire truck tonnage index.
January 25, 2008Iteris Reports Higher 3Q Income
Iteris Inc., which makes lane-departure warning systems for the trucking industry, reported its fiscal third-quarter profit improved from a year ago.
January 25, 2008Arkansas Best’s 4Q Profit Dips
Arkansas Best Corp. said Friday its fourth-quarter profit declined to $13.5 million, or 54 cents a share, from $14.2 million, or 56 cents, a year earlier.
January 25, 2008FHWA Chief Capka to Step Down
Federal Highway Administration chief Rick Capka will leave the agency next month, he said in an e-mail to FHWA staff.
Florida Banning Trucks from Left Lane of Turnpike Stretch
Florida officials are banning trucks from the left lane of a 40-mile stretch of the Florida Turnpike in South Florida starting Friday, the South Florida Sun-Sentinel reported.
January 25, 2008Deutsche Post May Sell DHL to FedEx, Report Says
Deutsche Post AG may sell its DHL Americas unit to FedEx Corp., according to a German newspaper, Bloomberg reported Friday.
January 25, 2008