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.
Infrastructure Bank Will Not Happen, Mica Says at Congressional Hearing
WASHINGTON — President Obama’s proposal for a $10 billion national infrastructure bank is “dead on arrival,” the chairman of the House transportation committee said last week, and other Republicans on the panel said the bank was unnecessary because its goals could be achieved through other means.
October 17, 2011TT 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.
Diesel Dips 2.8¢ to $3.721 a Gallon
The U.S. retail diesel and gasoline averages declined for the fifth straight week, even as crude oil prices continued to rise, the Department of Energy reported.
October 17, 2011Opinion: Keeping On, Despite Challenges
When we gathered in Phoenix last year, I said I was hopeful that, like the mythical bird the city was named for, our industry was preparing to rise from the ashes of the deep recession we’d just fought through and that, when we came together in Grapevine, as with many things in Texas, things would be “bigger and better” for our industry.
October 16, 2011Letters: Industry Talent, Texting and Tolling, Broker Bond
Accolades to you for the front-page feature article that was published in your Sept. 26 issue and headlined “Transportation Officials Urge National Effort to Attract Next Generation of Industry Talent.”
October 16, 2011Editorial: MCE 2011
This will be a busy week for the leaders of the nation’s trucking industry who will be meeting at American Trucking Associations’ annual Management Conference & Exhibition.
October 16, 2011FMCSA Approves First Permit for Mexican Carrier
The Federal Motor Carrier Safety Administration granted permission to the first Mexican carrier to operate in the United States under the two countries’ cross-border trucking program.
October 14, 2011Investor Carl Icahn Buys 9.8% Stake in Navistar
Billionaire investor Carl Icahn bought a 9.8% stake in Navistar International Corp., making him the second-biggest holder in the company, Bloomberg reported.
October 14, 2011LaHood Says He Will Step Down After 2012
WASHINGTON — Transportation Secretary Ray LaHood said Thursday he will step down from his position if President Obama is re-elected.
Volvo, Mack Say 13-Liter Engines Most Popular Choice for Class 8’s
Volvo Trucks and Mack Trucks said 13-liter engines have become the number one choice of U.S. Class 8 truck customers, and that they sell more 13-liters than any other company.
Business Inventories Rise 0.5%
Business inventories rose 0.5% in August, the Commerce Department said Friday.
October 14, 2011