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

Big Storm Dumps Ice on Roads from Plains Through Northeast

A big winter ice storm hit states from Texas through the Northeast over the long weekend, making roads hazardous and knocking out power, news services reported.

January 16, 2007
Business, Government, Safety, Fuel, Autonomous

Stricter Emission Rules Require New Oils, Lubricants

A major challenge facing the trucking industry as it copes with tighter emission standards from the Environmental Protection Agency is choosing the right type of oil to ensure that engines continue to perform to their maximum capability.

Tarun Reddy | Staff Reporter
January 16, 2007
Business, Government, Safety

Technology Briefs — Jan. 9 - Jan. 16

DHL to Use Wi-Fi in U.S. Network • Grasses Touted as Potential Ethanol Source • Port of Tacoma Develops Container Yard Software • Louisiana Adds 511 Road-Info Service • And more...

January 16, 2007
Business, Technology

GE Acquires Trailer-Tracking Firm Terion

General Electric Co. unit GE Equipment Services said Thursday it acquired trailer-tracking technology firm Terion Inc.

January 12, 2007
Business, Government, Technology, Equipment, Safety

Ryder to Switch from Pension Plan to 401(k)

Ryder System said late Thursday that it will freeze its pension system and shift to a 401(k) savings plan, in a move that will affect about a third of its employees.

January 12, 2007
Business, Government

Retail Sales Rise 0.9% in December

U.S. retail sales rose 0.9% in November, the Commerce Department said Friday.

January 12, 2007
Business, Autonomous

Volkswagen Rejects MAN’s Bid for Scania

Volkswagen AG, Swedish truck maker Scania AB’s largest shareholder, rejected German truck maker MAN AG’s $13.3 billion hostile bid for Scania, saying it prefers the two companies try to achieve a “friendly” combination, Bloomberg reported.

January 12, 2007
Business

Fleets Face Uncertain Outlook as Freight Continues to Fall

Evidence is accumulating that freight volumes are falling significantly and that the traditional fourth-quarter peak was all but nonexistent, although analysts and fleet executives remain unsure of what will happen in the first half of the new year.

Jonathan S. Reiskin | Associate News Editor
January 12, 2007
Business, Fuel

Crude Oil Plunges to Close Trading at Below $52 a Barrel

Crude oil closed at below $52 a barrel Thursday for the first time in 19 months after a report showed that U.S. fuel consumption plunged to the lowest since April 2004, Bloomberg reported.

January 11, 2007
Business, Government, Safety

FMCSA Proposes Mandatory EOBRs for Habitual Violators

WASHINGTON — The Federal Motor Carrier Safety Administration proposed a rule Thursday to mandate the use of electronic onboard recorders for habitual violators of federal hours-of-service rules.

Sean McNally | Staff Reporter
January 11, 2007