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

Ferro, House Republicans Spar Over HOS Rule Changes

House Republicans and Federal Motor Carrier Safety Administrator Anne Ferro sparred over the 34-hour restart provision of the new hours-of-service rule for truck drivers at a hearing last week, with some members accusing her agency of “arrogance” and slowness in producing a congressionally required study on the rule.

November 25, 2013

EDI for Trucking: Everything You Need to Know

Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.

Business, Technology, Government

Hill OKs Tracking Requirement For Transport of Pharmaceuticals

A bill requiring companies to track the distribution of prescription drugs and pharmaceuticals was approved by Congress last week.

November 25, 2013
Government, Business

HOS Changes Hurt Carriers, Lower Driver Pay, ATRI Says

Just four months into the federal hours-of-service rules on rest breaks, carriers said they have had to hire more drivers, pay higher wages, buy more rigs, juggle work schedules and lower customer expectations of service.

November 25, 2013
Business, Logistics

Intermodal Leaders See Growth Opportunities In Mexico, the East and Refrigerated Freight

HOUSTON — Intermodal transportation continues to see growth opportunities in Mexico, the eastern region of the United States, temperature-controlled service and partnerships with brokers.

November 25, 2013
Business

Industry Regs Dominate Mexico Truck Show As Carriers Seek to Modernize Their Fleets

GUADALAJARA, Mexico — Trucking regulations for this nation, while in a state of tremendous flux, set the backdrop at the Expotransporte truck show here Nov. 13-15.

November 25, 2013
Business, Fuel

Diesel Avg. Dips 1¢ to $3.822 as Crude Price Drop Continues

The average price of retail diesel fuel dipped a penny last week to $3.822 a gallon, the lowest price since early July, while gasoline rose for the second time in 11 weeks, the Department of Energy reported Nov. 18.

November 25, 2013
Business, Government, Autonomous

Truck Toll Discounts to End Early on Texas Highway

Discounts for truckers on a well-known Texas toll road, State Highway 130, are ending Dec. 1, earlier than planned.

Michele Fuetsch | Staff Reporter
November 22, 2013
Government, Business, Safety, Technology, Equipment

Pa. Legislators Approve $2.4 Bln. Road Plan

Pennsylvania state lawmakers gave final approval Nov. 21 to a transportation spending bill that will raise $2.4 billion more annually for the state’s roads, bridges and transit systems.

Scott Gutierrez | Staff Reporter
November 22, 2013
Government, Business, Safety

Senators Propose Infrastructure Bank Measure

A bipartisan group of U.S. senators led by Sen. Mark Warner (D-Va.) introduced legislation to create a $10 billion infrastructure bank that would use loans and loan guarantees to encourage private investment in transportation projects.

November 22, 2013
Business

Pilot Seeks Court Approval of $72 Mln. Rebate-Fraud Settlement

Attorneys representing Pilot Flying J and an estimated class of 5,500 truckers alleged to have been fraudulently shortchanged diesel fuel rebates will return to federal court in Little Rock, Ark., on Nov. 25, seeking final approval of a $72 million class-action settlement.

Eric Miller | Senior Reporter
November 22, 2013