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.
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, 2011Mica 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, 2011Graves 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, 2011Diesel 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, 2011Navistar 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, 2011Consumer Confidence Improves
Consumer confidence rose this month from its lowest level in almost three years, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
September 30, 2011Chicago Manufacturing Activity Rises
Manufacturing activity in the Chicago area rose in September, the Institute for Supply Management-Chicago said Friday.
September 30, 2011Personal Spending Rises 0.2% in August
Consumer personal spending edged up 0.2% in August, the Commerce Department said Friday.
September 30, 2011AAA Sues to Stop New York, New Jersey Toll Hikes
AAA has filed suit in a bid to reverse toll increases that began this month for vehicles crossing into New York City from New Jersey, Bloomberg reported.
September 30, 2011C.H. Robinson Acquires Produce Company
Third-party logistics company C.H. Robinson said it has acquired produce provider Timco Worldwide Inc. Terms were not disclosed.
September 29, 2011