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, Fuel

Natural Gas May Help Lower Fuel Cost For Trucking, ATA’s Moskowitz Says

LAS VEGAS — The abundance of natural gas in the United States provides a significant opportunity for trucking to lower fuel costs and carbon emissions, although several significant hurdles remain, an official with American Trucking Associations said.

October 3, 2011
Business

N.C. Follows Virginia in Seeking to Toll I-95

With Virginia already moving to toll Interstate 95, neighboring North Carolina has also launched an effort to obtain federal permission to toll its stretch of the highway.

October 3, 2011
Business

Daimler, Chinese Firm Gain OK For Truck-Making Joint Venture

Daimler AG and a large Chinese truck maker have received Chinese government approval for their joint venture to build medium- and heavy-duty trucks and engines for the domestic market and for export.

October 3, 2011
Business, Logistics

Shippers Say Key Factors Are Timely Delivery, Status Updates and Dependable Relationships

CHICAGO — Shipper representatives speaking at the McLeod Software User’s Conference 2011 here last week said the most important things a carrier should do are to be on time, provide delivery status and maintain dependable relationships.

October 3, 2011
Business

August Truck Tonnage Index Up 5.2%, ATA Says

The August truck tonnage index rose 5.2%, American Trucking Associations reported, signaling that fears of an imminent economic slowdown are premature, and may be wrong altogether.

October 3, 2011
Business

FMCSA Silent on Plans for EOBR Rule; Agency Could Restart Process Entirely

More than five weeks after a federal appeals court threw out a 2010 federal electronic onboard recorder rule, Federal Motor Carrier Safety Administration officials remain silent about whether they will restart the regulatory process outright with a new proposed rule, or issue a supplementary rule.

October 3, 2011
Business

Mica Says GOP to Drop Demand to Slash Transportation Funding

Republican leaders in the House of Representatives have agreed to a higher funding level for a new transportation reauthorization bill, abandoning the $230 billion cap they previously set for any six-year plan.

October 3, 2011
Business

Graves Says Infrastructure Funding Levels to Top Agenda at ATA’s Annual Meeting

With continued political gridlock in Washington and uncertainty surrounding the economy and several pending federal regulations, the president of American Trucking Associations said there will be no shortage of key discussion topics at this month’s Management Conference & Exhibition.

October 3, 2011
Business, Fuel

Diesel Average Falls 4.7¢ to $3.786 in Third Straight Decline

The average price for a gallon of U.S. retail diesel declined for the third week in a row, dropping 4.7 cents to $3.786, the Department of Energy reported.

October 3, 2011
Business

Navistar to Open Third Plant in Alabama

Navistar International Corp. said it plans to sign a lease agreement that would give the company a third plant in Alabama.

September 30, 2011