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.

Letters to the Editor, Business, Fuel

Letters: Diesel vs. Natural Gas, Driver Shortage

In a story in your Jan. 7 issue noting that diesel consistently costs more than gasoline, [one source] comments that diesel is being phased out as a fuel of choice for much of the transportation sector.

January 21, 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.

Editorial, Business

Editorial: Protecting Our Drivers

About one-third of the truck occupants who died in crashes during 2011 weren’t wearing a seat belt, according to new data coming from the Federal Motor Carrier Safety Administration.

January 21, 2013
Government, Business, Technology, Equipment

Rules on Drug, Alcohol Clearinghouse, E-Logging Near Release, FMCSA Says

WASHINGTON — Federal Motor Carrier Safety Administration officials said they are planning to release at least five new proposed or final rules in 2013, including a supplemental proposed electronic logging device rule and a proposed drug and alcohol clearinghouse rule by the end of March.

January 21, 2013
Business

DOE Seeks HOS Exemption for Truck Drivers Hauling Security-Sensitive Hazardous Material

The Department of Energy has requested an exemption from the new hours-of-service rule requiring truck drivers, including those hauling security-sensitive radioactive material, to take a mandatory 30-minute off-duty rest break in the first eight hours of driving.

January 21, 2013
Business, Logistics

Schneider’s Osterberg Urges Stronger Links Between Research and Business Applications

WASHINGTON — Don Osterberg, senior vice president of safety at truckload carrier Schneider National Inc., said transportation research needs to include components to help businesses and regulators make better use of the research.

January 21, 2013
Business

UPS Gives Up on TNT Merger, Turns Attention to Other Deals

Flush with a $9 billion stockpile after abandoning their $6.8 billion acquisition of TNT NV last week, UPS Inc. officials said they are evaluating other acquisitions consistent with their long-term growth strategy.

January 21, 2013
Business

Speed, Lack of Seat Belts Cited By U.S. in Truck Fatality Spike

WASHINGTON — One-third of the 635 truck occupants who died in accidents during 2011 were not wearing a seat belt, according to a Federal Motor Carrier Safety Administration analysis released last week.

January 21, 2013
Business

‘Sandy’ Recovery Offers Valuable Lessons, Experts Say

WASHINGTON — Less than three months since Superstorm Sandy devastated the East Coast, transportation and federal relief officials still involved in the recovery effort said the lessons learned will save lives and limit the economic damage of future disasters.

January 21, 2013
Business, Fuel

Diesel Prices Slide 1.7¢ to $3.894, 12th Decline in Previous 13 Weeks

U.S. diesel prices continued to drift downward last week, declining 1.7 cents to $3.894, the first time since early August it has been below $3.90, the Department of Energy reported.

January 21, 2013
Government, Business

DOT Updates National Transportation Statistics Data

The Department of Transportation has updated its national transportation statistics web-only reference guide to national transportation data.

January 18, 2013