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

ATA Testifies in Support of Hours-of-Service Rule

American Trucking Associations testified Wednesday before a Senate subcommittee in support of the Federal Motor Carrier Safety Administration’s hours-of-service rule, but two groups opposing the regulation challenged the agency.

December 19, 2007
Business

Some NYC Tolls to Rise

Tolls will rise on some New York City bridges and tunnels next year after the city’s mass-transit agency approved an increase, Bloomberg reported Wednesday.

December 19, 2007
Fuel, Business

Bush Signs Energy Legislation Into Law

President Bush signed into law Wednesday legislation that will require wider use of alternative fuels, calling it a major step toward energy independence, the Associated Press reported.

December 19, 2007
Government, Business, Safety

Final Rule on EOBRs Expected in New Year, FMCSA’s Hill Says

The Federal Motor Carrier Safety Administration will publish its final rule on electronic onboard recorders during 2008, Administrator John Hill said.

December 19, 2007
Government, Business, Safety

Editorial: Reaffirming the HOS Rules

Kudos to the Federal Motor Carrier Safety Administration for reaffirming its new hours-of-service rules for commercial drivers and removing much of the uncertainty that has hung over these rules since the recent court action vacating portions of it.

December 19, 2007
Business, Safety, Government, Technology, Equipment

DOT Seeks Technology to Improve Safety, Reduce Congestion

The Department of Transportation said Tuesday it is asking private industry, research organizations, and state and local governments for commercially available technology to fight congestion and improve the safety within the U.S. transportation system.

December 19, 2007
Fuel, Business, Government

Diesel Falls 1.6¢ to $3.309

The average pump price of diesel fuel fell 1.6 cents to $3.309 a gallon, the Department of Energy said Monday.

December 18, 2007
Government, Business

Housing Starts, Building Permits Decline

Housing starts fell in November and building permits, an indicator of future construction, plunged to the lowest level in 14 years, the Commerce Department said Tuesday.

December 18, 2007
Business

Navistar Sued By Institutional Investors

Navistar International Corp. has been sued by institutional investors who claim the company issued misleading financial statements for 2003 and 2004, Bloomberg reported Tuesday.

December 18, 2007
Government, Business

Opponents Urge Action Against N.Y. Thruway Toll Hike

Members of the New York State Assembly are asking the public to help them block the New York Thruway Authority from raising tolls, the Syracuse Post-Standard reported Tuesday.

December 18, 2007