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.
FMCSA Lifts HOS Rest Rule For Drivers Hauling Animals
Federal regulators last week waived the rest-break provision of the new hours-of-service rule for truck drivers carrying live animals and also plan to change their guidance on what counts as “off-duty time.”
July 15, 2013U.S., Canada Truckers Eye Cabotage Change to Liberalize Movement of Empty Trailers
U.S. and Canadian trucking officials said an agreement allowing truckers to move empty trailers within the other country could result from their governments’ efforts to improve cross-border trade.
July 15, 2013Editorial: Taxation Fairness
Fairness is a bedrock requirement for a just taxation system. And fairness is surely what state officials in Alabama had in mind some years ago when they imposed a 4% sales tax on diesel fuel purchases by railroads.
July 15, 2013Opinion: Trucking Remains a Force for Change
The trucking industry is one of the most innovative and dynamic sectors in our country, and its companies and professionals have been leaders for change in many areas.
July 15, 2013Driver Turnover Increases
Driver turnover is rising again after a brief respite during 2012 and is poised to increase even more later this year, American Trucking Associations said last week.
July 15, 2013Carriers Say Wheel Covers Cut Fuel Costs by Making Vehicles More Aerodynamic
While wheel makers said they are having difficulty making their products more aerodynamic, some fleets said they are finding that full wheel covers can help reduce wind resistance — and improve fuel savings.
July 15, 2013Diesel Average Rises 1.1¢ While Crude Exceeds $100
The average pump price for a gallon of diesel edged up last week for the first time in seven weeks, increasing 1.1 cents to $3.828, the U.S. Department of Energy reported.
July 15, 2013Oil Finishes Week Near $106 a Barrel
Oil rose $1 Friday to finish the week near $106 a barrel on speculation that U.S. inventories will continue to fall, following the largest two-week drop in at least three decades, Bloomberg News reported.
July 12, 2013UPS Cuts Full-Year Earnings Forecast
UPS Inc. said Friday it is reducing its full-year earnings forecast, citing a slowing U.S. economy.
July 12, 2013Napolitano Stepping Down as DHS Chief
Janet Napolitano is resigning from her position leading the Department of Homeland Security, the Associated Press reported Friday.
July 12, 2013