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, Fuel, Safety, Autonomous

Truck Makers Oppose Legislation Imposing Fuel-Economy Standards

A Senate proposal that would set fuel-economy standards for heavy- and medium-duty trucks conflicts with a current push to reduce engine emissions and would not work without additional research, representatives of the truck manufacturing industry said.

May 21, 2007
Business, Fuel, Government, Autonomous

Pa. Trucking Firm Helps Buy Air Monitor

May 21, 2007
Government, Business, Safety, Equipment

Class 8 Truck Sales Plunge in April

Sales of new Class 8 trucks plunged 45% in April, compared with a year earlier, the most severe decline in six years.

May 21, 2007
Business, Government, Safety, Logistics

Fleets Offer Expanded Storage Options

With demand for freight-hauling services relatively slack, some trucking companies are branching out beyond logistics to offer more warehousing services.

May 21, 2007
Business, Government, Safety, Autonomous

House Limits Plan Granting Mexican Trucks Access

The House voted last week to impose more restrictions on the DOT’s plans to grant Mexican trucks access to U.S. highways, in a move aimed at significantly slowing a proposed pilot program.

May 21, 2007
Government, Business, Fuel

Diesel Slips 1.9¢; Gas Hits Record

The U.S. average price paid for retail diesel fuel fell another 1.9 cents last week to $2.773 a gallon, while the average gasoline price rose 4.9 cents to an all-time record of $3.103.

May 21, 2007
Government, Business

UPS Adds New Global Flight

UPS Inc. said Friday it will launch a new “around-the-world” flight this summer to further enhance service between Singapore and markets in the Middle East, Europe and the United States.

May 18, 2007
Government, Business, Fuel

Oil Closes Week Near $65 a Barrel

Crude oil futures for a second day closed just short of $65 a barrel on Friday, following a jump of more than $2 on Thursday, Bloomberg reported.

May 18, 2007