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

Letters to the Editor: Hours of Service (Cont’d.)

On the front page of the July 30 issue of Transport Topics, there was an article titled, “NHTSA Revises ’06 Deaths Down to Lowest Total Since 2002.” On the same front page, there was another article titled, “Court Rejects HOS Rule.” Does anyone in the government read their own reports?

September 5, 2007
Business

Berkshire May Boost BNSF Stake to 25%

Billionaire investor Warren Buffett’s investment company, Berkshire Hathaway, may boost its freight rail line Burlington Northern Santa Fe Corp. to 25%, the Associated Press reported.

September 5, 2007
Business, Safety, Government

ISM Factory Index Drops for August

The Institute for Supply Management’s manufacturing index declined last month, ISM said Tuesday.

September 4, 2007
Government, Business

Construction Spending Declines in July

Construction spending fell in July by the most since January, the Commerce Department said Tuesday.

September 4, 2007
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