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

Agency Resubmits Plan to Cut Quarterly Reports

The federal government is trying once again to eliminate the requirement that nearly all trucking companies submit quarterly financial data to the Federal Motor Carrier Safety Administration, calling the requirement “outdated” and unnecessary.

June 3, 2013

Daily Briefings from Transport Topics

Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.

Business

FMCSA to Interview Drivers, Carriers Over Potential E-Logging Harassment

The Federal Motor Carrier Safety Administration said last week it plans in upcoming months to survey more than 1,000 truck drivers and motor carriers on ways carriers could use electronic logging devices to harass drivers.

June 3, 2013
Business

House Bill Would Alter Tax on LNG to Match Federal Levy on Diesel Fuel

Two House members have introduced legislation to remove what they say is the disparity between the tax the federal government levies on diesel fuel and on liquefied natural gas.

June 3, 2013
Business

Prime Inc. Latest to Buy ATA Rooftop Paver

Prime Inc., a refrigerated carrier based in Springfield, Mo., has become the latest to purchase a rooftop deck paver at the Capitol Hill office of American Trucking Associations, the group recently announced.

June 3, 2013
Business, Safety, Government, Autonomous

Work Begins on Temporary Span to Replace Collapsed I-5 Bridge

Crews in Washington state were constructing a temporary span last week to replace a section of bridge on Interstate 5 that collapsed May 23, apparently after it was struck by a truck carrying an oversize load.

June 3, 2013
Business

2 Pilot Workers Plead Guilty in Fuel Rebate Controversy

Two employees of Pilot Flying J pleaded guilty to fraud charges in connection with the federal government’s investigation into allegations the truck-stop chain shorted some trucking customers who participated in its fuel rebate program.

June 3, 2013
Business, Fuel

Diesel Price Dips 1¢ to $3.88

The average price of a gallon of U.S. retail diesel dipped 1 cent to $3.88 last week, continuing a lengthy run of relative stability, the U.S. Department of Energy reported.

June 3, 2013
Government, Business

U.S., Canada Announce Joint Border Infrastructure Investment Plan

The Department of Homeland Security and Canadian officials announced a joint border infrastructure investment plan to reduce border crossing wait times and improve security.

May 31, 2013
Business

ABF, Teamsters Extend Contract to Allow Vote

Arkansas Best Corp. has again extended the contract between its ABF Freight System less-than-truckload unit and the Teamsters union, in order to give union members time next month to approve a tentative labor agreement.

May 31, 2013
Business

Trucking Helping With Oklahoma Tornado Relief Efforts

The trucking industry continues to help relief efforts in Moore, Okla., where last week’s tornado leveled the suburb south of Oklahoma City, killing 24 people and destroying thousands of homes.

May 31, 2013