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.
NTSB Won’t Reinvestigate Fatal ’97 Accident That Led to Stricter Tank Truck Wetlines Rules
The National Transportation Safety Board has refused to reconsider its investigation of a fatal 1997 accident in Yonkers, N.Y., one often cited in support of stricter wetlines regulations on tank trucks.
November 21, 2011GOP Offers Five-Year Highway Bill Funded by Oil Drilling in U.S.
Republican leaders in the U.S. House of Representatives said they would introduce a five-year highway funding bill that would be paid for by expanded domestic oil drilling.
November 21, 2011ATA: Sleep Study Fails to Justify HOS Change
A university sleep study cited by federal regulators in a proposed hours-of-service rule is “insufficient” to justify changing the rule’s 34-hour restart provision, according to American Trucking Associations.
November 21, 2011FMCSA Drops Its 2012 Electronic Log Rule Aimed at Carriers With Major HOS Offenses
ATLANTA — The Federal Motor Carrier Safety Administration will withdraw its rule requiring motor carriers with serious hours-of-service compliance violations to install electronic logging devices June 1, 2012, Administrator Anne Ferro said last week.
November 21, 2011Diesel Jumps 10¢ to $3.987, in Largest Increase in 7 Months
U.S. retail diesel prices jumped last week, as the national average gained 10 cents a gallon to $3.987, the largest weekly increase in more than seven months, the Department of Energy reported.
November 21, 2011UPS Sets 4.9% Increase in 2012 Ground, Air Rates
UPS Inc. will raise its ground and air rates by 4.9%, effective Jan. 2.
November 18, 2011House GOP Seeks to Link Highway Funding, Expanded Oil Drilling
House Republicans said they plan to introduce a five-year highway funding bill that would be paid for by expanded domestic oil drilling.
Intermodal Traffic Rises 5.2% for Week
U.S. intermodal traffic rose 5.2% for the week ended Saturday from a year ago, the Association of American Railroads reported.
November 18, 2011Leading Economic Indicators Improve
An index of leading economic indicators rose in October by the most in eight months, the New York-based Conference Board said Friday.
November 18, 2011Trailer Bridge to Be Delisted by Nasdaq
A day after announcing its bankruptcy filing, Trailer Bridge said late Thursday that its stock will be delisted by Nasdaq on Nov. 28.
November 18, 2011