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.
iTECH: Smart Roads May Be Reality by 2020
RALEIGH, N.C. — Two federal agencies that regularly deal with trucks have outlined ambitious plans that could make the nation’s highways nearly as busy with electronic communications as they are with vehicles, and doing so before the end of this decade.
January 9, 2012Orbcomm Buys PAR Logistics Management
PAR Technology Corp. said it is selling its PAR Logistics Management Systems subsidiary to telematics company Orbcomm in a transaction valued at up to $10 million.
January 9, 2012Opinion: Wear Your Seat Belt — or Else
Without a doubt, however, the single most dangerous thing our employees do in the course of our workday is commuting to and from the job.
January 9, 2012Letters: HOS, Heavy Metal Helps, 2012 Safety Wish, Distracted Driving
Once again, the Federal Motor Carrier Safety Administration of the U.S. Department of Transportation has failed to put forth common sense with regards to longhaul truckers’ hours of service.
January 9, 2012Editorial: A Misguided HOS Revision
The U.S. Department of Transportation’s new hours-of-service rule is a serious and major disappointment for the trucking industry.
January 9, 2012Experts Predict More Mergers as Trucking’s Fortunes Improve
Trucking industry mergers and acquisitions are expected to surge this year because of factors such as tight capacity and eager private-equity buyers, several industry experts have said.
January 9, 2012Registration Paperwork Too Long, Confusing, Carriers, Brokers Tell FMCSA
Trade organizations representing motor carriers and freight brokers generally backed a federal move to streamline the federal registration process, but complained that the registration form is too long and complicated for many in the industry.
January 9, 2012Engine Casting Capacity Shrank In Recession, Foundries Say
While heavy-duty truck makers said last week that they do not share Navistar International’s assessment that engine castings are in short supply, foundry executives said the recession eliminated industry capacity and problems could become more noticeable if demand for metal parts continues to rise.
January 9, 2012EPA Mandates 25% More Biodiesel This Year
Diesel refineries must produce 1 billion gallons of biodiesel in 2012, a 25% increase from last year, the Environmental Protection Agency said last month, but the agency decided to delay its planned 2013 mandate.
January 9, 2012Analysts Expect HOS Lawsuits; 11th Hour, Restart Fuel Conflict
At least some trucking industry analysts said they expect the latest version of the hours-of-service rule to land back in federal court because the rule seems to satisfy no one.
January 9, 2012