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 Proposes Large Fines for Handheld Cell Phone Use
The Federal Motor Carrier Safety Administration has proposed fines up to $2,750 for truckers who use a handheld cell phone while driving, as well as the possible suspension or revocation of a commercial license for repeated offenses.
January 3, 2011EDI for Trucking: Everything You Need to Know
Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.
Navistar’s 4Q Profit Dips on Engine Costs
Truck and engine maker Navistar International Corp. said its fiscal fourth-quarter profit fell to $39 million from $86 million last year, as costs related to engine development and a new labor contract with United Auto Workers chipped away at results.
January 3, 2011Turnover Rate to Increase in 2011, Economist Says
Driver turnover is expected to rise this year after remaining near record lows for much of 2010, as the economy strengthens and new federal safety initiatives are implemented, a trucking official said.
January 3, 2011TTNews.com Closed for New Year’s Holiday
Transport Topics Online will be closed Monday for the New Year’s holiday. Please check back on Tuesday, Jan. 3, for the latest trucking and freight transportation news.
December 30, 2010Congress, Obama Extend Transportation Funding Through Early March
President Obama has signed legislation extending funding of federal transportation programs through March 4.
December 30, 2010Chicago Manufacturing Index Improves
Manufacturing activity in the Chicago region jumped this month, indicating overall strength in the U.S. economy, the Institute for Supply Chain Management-Chicago said Thursday.
December 30, 2010Saddle Creek Buys ProLog to Add Service
Logistics company Saddle Creek Corp. said it acquired ProLog Logistics Inc., a warehousing operator.
December 30, 2010Court Grants FMCSA Extension on HOS Logbook Rule
A federal appeals court granted the Federal Motor Carrier Safety Administration an extension on its proposal for hours-of-service documents until Jan. 31.
December 30, 2010Intermodal Traffic Jumps for Holiday Week
Intermodal traffic jumped 25.1% last week compared with the same week a year ago, the Association of American Railroads said Thursday.
December 30, 2010Intermodal Freight Volume Moved Back to Pre-Recession Levels in 2010
Intermodal freight volume climbed back late in 2010 to pre-recession levels, driven by cost considerations of both shippers who moved more international import goods and truckers who shifted more freight onto the rails.
December 30, 2010