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

Judge Upholds NYC Bridge Restrictions

New York authorities acted legally last week when imposing weight restrictions on heavy trucks that use city’s Throgs Neck Bridge, New York Newsday reported Friday.

August 21, 2007
Government, Business, Safety

No EOBR Rule Imminent, FMCSA Official Says

HILTON HEAD, S.C. — Four months after the public comment period for the proposed electronic onboard recorder rule closed, a Federal Motor Carrier Safety Administration official said those comments were still being reviewed and no final rule was imminent.

August 21, 2007
Government, Business, Safety

Letters to the Editor: HOS (Cont’d.), CDL Database, Car-Only Lanes

I continue to read and hear about the hours-of-service rules, so I have to voice a concern: The one aspect that has bothered me since the change is that once the clock starts, the 14 hours doesn’t stop.

August 21, 2007
Business

Pa. I-80 Tolling Plan Moving Forward

Despite opposition, Pennsylvania hopes to have tolls in place on Interstate 80 within three years, the Philadelphia Inquirer reported Tuesday.

August 21, 2007
Business, Government, Fuel

Oil Steady as Hurricane Dean Bypasses Most Gulf Platforms

Crude oil prices were little changed Tuesday as Hurricane Dean bypassed most U.S. oil platforms and refineries in the Gulf of Mexico, Bloomberg reported.

August 21, 2007
Business, Safety, Government, Logistics

Menlo Wins $1.6 Billion DoD Contract

Con-way Inc.’s  third-party logistics unit Menlo Worldwide has been selected as the prime contractor for the U.S. Defense Department’s Defense Transportation Coordination Initiative.

August 20, 2007
Business

ALK Releases Updated FleetSuite Package

Mapping software firm ALK Technologies said it has released the 21st annual upgrade of its fleet-management software package, FleetSuite.

August 20, 2007
Government, Business

July Leading Economic Indicators Gain 0.4%

An index of leading economic indicators improved in July, the New York-based Conference Board said Monday.

August 20, 2007
Business, Technology, Equipment, Safety

Eaton Starts Production of Truck Hybrid System

KALAMAZOO, Mich. — Truck drivetrain manufacturer Eaton Corp. said its electric-diesel hybrid system for medium-duty trucks is now in commercial production and that it would produce heavy-duty hybrids in a few years.

August 20, 2007
Business, Government

DHS Admits Computers Were Hacked

The Department of Homeland Security, the lead U.S. agency for fighting cyber threats, suffered more than 800 hacker break-ins, virus outbreaks and other computer security problems over two years, senior officials acknowledged to Congress, the Associated Press reported.

August 20, 2007