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

Caterpillar Boosting India Operations

Caterpillar Inc. said Wednesday it will build a $150 million engine manufacturing facility in India to produce engines and will invest $62 million in its existing off-highway truck manufacturing facility there.

November 30, 2011

Best Trucking Management Software Buyer’s Guide

For growing carriers, choosing the right Trucking Management Software (TMS) is vital for the efficiency and growth of your transportation business. As we move into 2024, it's crucial to understand the key features and considerations that make a TMS solution stand out, and which ones play to your unique operation.

Government, Business

NAFTA Surface Trade Rises 13.8%

Surface trade among the United States, Canada and Mexico rose 13.8% in September from a year ago, the Department of Transportation said.

November 29, 2011
Government, Business

ATA Asks Feds to Overturn Alabama Metal Coil Law

American Trucking Associations has asked the federal government to overturn an Alabama law requiring truck drivers who transport metal coils to obtain special certification to do so.

Timothy Cama | Staff Reporter
November 29, 2011
Business

FMCSA Expects Final Hours-of-Service Rule Within 30 Days

The Federal Motor Carrier Safety Administration expects to complete work on a final hours-of-service rule within the next 30 days, according to a joint report of the agency and plaintiffs in a federal lawsuit.

November 29, 2011
Business

Third Mexican Carrier Clears Preliminary U.S. Safety Review

A third Mexican carrier has passed preliminary safety review for operating in the United States under the two countries’ cross-border program, the Federal Motor Carrier Safety Administration said Tuesday.

November 29, 2011
Business, Fuel

Diesel Slides Under $4 a Gallon; Gasoline Falls 6.1¢ to $3.307

Diesel took its biggest decline in two months, falling 4.6 cents to $3.964 a gallon, a week after it had topped $4 for the first time in six months, the Department of Energy reported.

November 29, 2011
Business, Government, Logistics

Consumer Confidence Jumps in November

Consumer confidence rose in November by the most since April 2003, the New York-based Conference Board said Tuesday.

November 29, 2011
Business

West Virginia Launches Online Trip Permits for Truckers

The West Virginia Division of Motor Vehicles announced Tuesday that trucking companies can now purchase 10-day trip permits online.

November 29, 2011
Business, Safety

DOT Sets Final Rule Banning Truck Drivers’ Use of Hand-Held Phones

The Department of Transportation announced a final rule that will ban interstate truck and bus drivers from using hand-held cellphones while operating their vehicles.

November 28, 2011
Business

Teamsters Sue to Block Cross-Border Mexican Trucks Program

The Teamsters union has filed suit in an attempt to block the Department of Transportation from opening the U.S. border to what it termed “dangerous” Mexican trucks through DOT’s cross-border pilot program.

November 28, 2011