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.

Perspective, Business

Opinion: Using the Medical Examiners Registry

Mandated by the legislation called SAFETEA-LU and signed by President George W. Bush in 2005, the final rule for the National Registry of Certified Medical Examiners — to be known henceforth simply as the “National Registry” — was finally released to the public April 18 and goes into effect May 21.

May 7, 2012

TT Podcasts: RoadSigns

Volvo's Chayene de Souza and Magnus Gustafson discuss how new, connected trucks can boost business, enhance safety practices, and reinforce preventative maintenance plans.

Business, Technology

Few Execs See Natural Gas as Viable, Survey Finds

Fewer than 25% of trucking executives believe natural gas could become a viable alternative to diesel in the foreseeable future, a new survey found.

May 7, 2012
Business, Technology

Volvo’s ‘Mean Green’ Sets World Speed Record With Fastest Heavy-Duty Hybrid Vehicle

WENDOVER, Utah — Compared with the current land speed record of 763.035 miles per hour, 147.002 mph is not very fast. But that speed is now the world record for heavy hybrid vehicles, a mark set here last month by a Volvo Group-built truck known as Mean Green.

May 7, 2012
Business, Fuel

Effects on Diesel Prices, Supply Unclear After Purchases of Two Pa. Refineries

With two major developments in the fuel-supply situation in the Northeast last week, their effects on diesel prices and availability was unclear.

May 7, 2012
Business, Fuel

Private Fleet Executives Praise Natural Gas Trucks

CINCINNATI — There is strong interest among corporate fleet executives in converting from diesel-powered trucks to those that run on compressed and liquefied natural gas as more fueling stations are built and more powerful engines are available, according to panelists at an industry meeting here last week.

May 7, 2012
Business, Technology

EOBR Makers Expect Change in FMCSA’s Specifications

Federal regulators are likely to prescribe changes to electronic onboard recorder specifications when they issue a new rule mandating the devices for all carriers, in order to prevent driver harassment, according to companies that make EOBRs.

May 7, 2012
Business

Daimler, Cummins 1Q Earnings Increase, Show Gains in North American Market

Original equipment manufacturers Daimler AG and Cummins Inc. reported more success in North American truck markets during the year’s first quarter, compensating for problems in other parts of the world.

May 7, 2012
Business, Safety, Government

Trucking Failures Decline

Truck fleet failures continued to decline early this year, despite high diesel prices that stubbornly remained above $4 per gallon, according to a new report.

May 7, 2012
Business

FMCSA to Weigh Costs, Benefits of Crash Accountability Process

BELLEVUE, Wash. — Examining whether creating a better crash-accountability process would be worth the cost to taxpayers will be part of the Federal Motor Carrier Safety Administration’s study of ways to assess and assign fault in truck-related crashes, FMCSA Administrator Anne Ferro said in an interview.

May 7, 2012
Business, Technology

Fleets’ Use of Anti-Rollover Systems Climbs as NHTSA’s Proposed Rulemaking Nears

With the National Highway Traffic Safety Administration moving closer to announcing a proposed rulemaking focusing on preventing truck rollovers, fleets increasingly are choosing to install anti-rollover systems on their tractors and trailers, according to industry experts.

May 7, 2012