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.
FedEx Adding 4,000 New, Fuel-Efficient Vehicles
FedEx Express said it will add more than 4,000 fuel-efficient vehicles to its fleet around the country, including some all-electric vehicles.
June 29, 2011Opinion: Why Trucking Should Adopt Social Media
Social media are transforming the way America does business, and there’s no reason that shouldn’t include trucking. When it comes to traditional trucking products such as vehicles, systems and components, the development life cycle can be fairly long.
June 29, 2011New Kansas Speed Limit Brings Safety Concerns from Trucking
A new, higher speed limit in Kansas could cause safety problems if trucks are governed at lower speeds than the new limit, the head of the state’s trucking association said.
Mica Sets Target for Unveiling Reauthorization Plan
Rep. John Mica (R) Fla.), chairman of the House Transportation and Infrastructure Committee, has set July 7 as his target date for unveiling his six-year reauthorization bill.
Transportation Fraud Bill Introduced in House
An anti-fraud bill introduced in the House would raise the freight broker surety requirement to $100,000 and require separate broker and carrier licenses.
Consumer Confidence Falls to Seven-Month Low
Consumer confidence fell in June to a seven-month low, the New York-based Conference Board said Tuesday.
June 28, 2011Ryder Signs Agreements for Heavy-Duty Natural Gas Trucks
Ryder System said Tuesday it sees more demand for heavy-duty natural gas vehicles and that it has secured lease agreements for 87 heavy-duty natural gas trucks.
June 28, 2011May Truck Tonnage Rises 2.7%
Truck tonnage climbed 2.7% in May from a year ago, the smallest year-over-year gain since February 2010, American Trucking Associations said.
June 28, 2011Diesel Falls 6.2¢ to $3.888 for Eighth Drop in 10 Weeks; Gas Declines 7.8¢ to $3.574
Diesel fell for the eighth week in the past ten, declining 6.2 cents to $3.888 a gallon, the Department of Energy said.
June 28, 2011EPA Proposes 2012 Renewable Fuel Standard
The U.S. Environmental Protection Agency has called for the production of 1 billion gallons of biomass-based diesel as part of its 2012 national renewable fuel standard, up from 800 million gallons last year.
June 27, 2011