Business
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.
Diesel Tax Set to Increase in Many States, Including a 10-Cent Bump in Wyoming
The diesel fuel tax will increase in a number of states across the nation July 1, while Virginia and Maryland will begin charging new sales taxes that also will increase the cost of fuel.
July 1, 2013U.S. Eyes More Truck Rules
President Obama last week announced that the administration will begin work on a new round of fuel-economy standards that will apply to heavy- and medium-duty trucks starting in 2019.
July 1, 2013N.Y. OKs Bill That Defines Contractors, With Trucking and Teamsters Support
The New York State Legislature has passed a bill to clearly define which truck drivers can be classified as independent contractors and crack down on employers who use the owner-operator model to avoid giving employees certain benefits.
July 1, 2013Crashes Due to Trailer Separation Are Rare, According to FMCSA Data on Accidents
Crashes such as the recent one in upstate New York where a trailer apparently separated from a tractor and struck a minivan with deadly consequences are rare, according to federal crash experts and investigators working on the case.
July 1, 2013Opinion: No Time for Downtime
We’ve all suffered through computer downtime, usually at the worst possible moment. That was certainly the case with a number of freight carriers that experienced it during the hurricane that intensified to become Superstorm Sandy.
July 1, 2013Editorial: Turning the Page at DOT
The long-awaited leadership transition at the U.S. Department of Transportation finally took place on June 27, with the Senate unanimously confirming Anthony Foxx as the next secretary.
July 1, 2013Foxx Unanimously Confirmed as Transportation Secretary
Anthony Foxx, the current mayor of Charlotte, N.C., was confirmed unanimously by the U.S. Senate last week to be the nation’s next transportation secretary.
July 1, 2013UPS, Teamsters to Reopen Talks to Complete Parcel, Freight Pacts
The Teamsters union and UPS Inc. said they are resuming talks on rejected supplemental agreements to a master contract for the Package division that won rank-and-file approval last week, and the two are trying to reach a new tentative deal for workers in UPS’ Freight division.
July 1, 2013OEMs Say Sales of Natural-Gas Trucks to Rise With Availability of New 12-Liter Engine Model
WASHINGTON — Truck makers said they expect the availability of new, bigger engines to spark significantly higher sales levels of natural gas-powered trucks in coming years.
July 1, 2013Proposed Lease-Accounting Rules Changes Could Harm Motor Carriers’ Balance Sheets
An ongoing battle over proposed changes in lease-accounting rules has made it increasingly important for fleets to pay close attention to the complex and far-reaching issue, according to several industry experts.
July 1, 2013