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, Safety, Autonomous

Ohio Turnpike Raises Speed Limit

The speed limit for cars and trucks on the Ohio Turnpike will go from 65 to 70 miles an hour starting April 1, a change that the state’s trucking industry opposes.

Michele Fuetsch | Staff Reporter
December 21, 2010
Business, Safety

DOT Opens Comment Period on Proposal to Ban Truckers’ Use of Hand-Held Phones

The Department of Transportation has published its proposed rule restricting truck drivers from using hand-held cellphones while operating and opened a two-month public comment period on the proposal.

December 21, 2010
Business

Trucking Industry Stocks Ride Wave of Second-Half Profitability in 2010

Most trucking stocks joined a rising stock market through the second half of 2010, counteracting a jittery first half, as profits climbed at the majority of publicly traded carriers.

December 21, 2010
Business, Fuel

Diesel Rises Again, Gaining 1.7¢ to Two-Year High $3.248 a Gallon

Diesel rose 1.7 cents to a national average of $3.248 a gallon at the pump — the fourth time it has hit a two-year high in the past six weeks, the Department of Energy said.

December 21, 2010
Business

HOS Rule Clears White House Review

The Federal Motor Carrier Safety Administration’s hours of service rule proposal cleared review by the White House’s Office of Management and Budget Friday and is expected to be released soon.

December 20, 2010
Business, Fuel

Obama Signs Biodiesel Tax Credit Measure Into Law

President Obama has signed into law a measure that reinstates a biodiesel tax credit of $1 per gallon.

December 20, 2010
Business, Government

Automakers Sue EPA Over Ethanol Blend

Automakers and engine manufacturers are suing the Environmental Protection Agency over its plan to allow fuel stations to sell gasoline with 15% ethanol, the Associated Press reported.

December 20, 2010
Business

November Truck Sales Rise 8.5%

Heavy-duty retail truck sales in the United States increased 8.5% in November from a year earlier to 9,614 units, the 11th consecutive monthly gain, according to Wardsauto.com.

December 20, 2010
Business

Step Van Competition Gets Permanent Spot at National Truck Driving Championships

American Trucking Associations has agreed to give step van drivers a permanent spot in the National Truck Driving Championships.

December 20, 2010
Government, Business

Year in Review: Trucking Gains Traction as Economy Stabilizes

Trucking companies finally gained some traction in 2010 as the economy stabilized and demand for freight hauling increased.

December 20, 2010