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.

Government, Business

Mississippi Fleets’ CSA Scores Jeopardized When Political Dispute Stalls 30,000 Reports

Mississippi officials said a behind-the-scenes political dispute prevented the uploading of about 30,000 commercial motor vehicle roadside inspection reports into the Federal Motor Carrier Safety Administration’s database — probably affecting the safety scores of the large number of motor carriers who received state inspections.

June 13, 2011
Business

Roadcheck 2011 Focuses Inspections on Equipment, Health of Drivers

DUMFRIES, Va. — Commercial vehicle safety inspectors conducted their annual Roadcheck event last week, a 72-hour period of concentrated inspections on highways in the United States, Canada and Mexico.

June 13, 2011
Business

Michigan Lawmakers Propose Partnership for New Bridge Between Detroit, Ontario

A new bill introduced in the Michigan legislature would allow the state and Canada to build a long-awaited bridge between Detroit and Windsor, Ontario, a project vigorously supported by truckers, automakers and labor unions in the Great Lakes region.

June 13, 2011
Business, Fuel

EPA Urges Better Monitoring of SCR Emission Systems

The Environmental Protection Agency last week updated its guidance for certification of heavy-duty truck engines using selective catalytic reduction to reduce emissions, rejecting claims made last year by truck maker Navistar Inc. that the technology can be easily defeated.

June 13, 2011
Business

Navistar Second-Quarter Net Income Rises 72%

Navistar International Corp. last week reported net income for its fiscal second quarter jumped 72% and predicted sharp increases in production, sales and profits during the second half of the year.

June 13, 2011
Business, Fuel

Diesel Fuel Price Drifts Down to $3.94 Following Fifth Straight Decline

U.S. retail diesel prices dipped 0.8 cent a gallon last week, the fifth consecutive weekly decline, as the national average declined to $3.94, the Department of Energy reported.

June 13, 2011
Business, Safety, Government, Logistics, Autonomous

PenserSC, ICS Logistics Sign Transportation Contract

Third-party logistics firms PenserSC and ICS Logistics said they have agreed to a trucking and transportation services contract.

June 10, 2011
Business, Fuel

Oil Slides to Finish Week Below $100 a Barrel

Oil fell to finish trading below $100 a barrel Friday, taking its biggest drop in four weeks on indications that Saudi Arabia will boost output next month, Bloomberg reported.

June 10, 2011
Business, Equipment

Cummins to Add 600 White-Collar Workers at Indiana Headquarters

Truck engine maker Cummins said Friday it plans to add 600 white-collar workers in a new office building at its headquarters city of Columbus, Ind.

June 10, 2011
Business

Daimler to Boost North American Truck Production, Hire 1,400 Workers

Daimler Trucks North America said Thursday it plans to sharply increase production and hire about 1,400 new workers at three truck plants, to meet higher demand.

June 10, 2011