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

Congressional Freight Panel Visits FedEx, Memphis Port

A Congressional panel established to identify ways to improve U.S. freight transportation efficiency visited FedEx Corp. facilities and the Port of Memphis, Tenn., late last week, meeting with representatives of the region’s freight transportation community.

June 24, 2013

Best Trucking Software 2024

For growing asset-based carriers, ensuring you have the right trucking software is essential for managing fleets, optimizing operations, and winning more higher-paying loads.

Business

ATA Names PrePass its Latest Featured Product

American Trucking Associations said it has added HELP Inc.’s PrePass weigh station pre-clearance service to its group of featured products for the trucking industry.

June 24, 2013
Business, Fuel

Supreme Court Leaves 15% EPA’s Ethanol Allowance in Place, Rejecting Challenges

The U.S. Supreme Court left intact Environmental Protection Agency rules allowing higher concentrations of corn-based ethanol in gasoline, rejecting appeals from the grocery, auto and oil industries, Bloomberg News reported Monday.

June 24, 2013
Business

Texas House Approves $1 Billion Transportation Funding Bill

The Texas House early Monday approved almost $1 billion in funding for major transportation projects statewide, the Associated Press reported.

June 24, 2013
Business

FedEx Buys 1,900 Fuel-Efficient Lightweight Vans

FedEx Express said Monday it has purchased 1,900 lightweight, composite-body Reach vehicles from Spartan Motors, a division of Utilimaster.

June 24, 2013
Business, Fuel

Gasoline Slips 4.1¢ to $3.60 a Gallon, Lundberg Reports

Gasoline fell 4.1 cents in the past two weeks to $3.60 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

June 24, 2013
Business

May Truck Tonnage Sets Record

U.S. truck tonnage set an all-time record last month as it increased 6.7% above last May’s level, driven by improved housing, energy and automotive demand, American Trucking Associations reported last week.

June 24, 2013
Business

DOT Making Progress on National Freight Plan

UNCASVILLE, Conn. — A U.S. Department of Transportation official said although progress has been made toward developing a national freight plan, finding funding remains a hurdle.

June 24, 2013
Business

Moniz Says U.S. Will Speed Development of Natural Gas Fueling Infrastructure

WASHINGTON — U.S. Secretary of Energy Ernest Moniz called natural gas a promising alternative to oil for a number of reasons and said the department hopes to play a role in speeding development of fueling infrastructure.

June 24, 2013
Business

Fleets Make Last-Ditch Hill Effort to Delay July 1 HOS Changes

WASHINGTON — Trucking industry officials made a last-ditch plea to Congress to stop implementation of changes to the hours-of-service rule scheduled to take effect July 1 until the Federal Motor Carrier Safety Administration shows those would improve highway safety.

June 24, 2013