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

LaHood in New England to Deliver $20 Million Stimulus Grant

Secretary of Transportation Ray LaHood is scheduled to deliver $20 million in federal infrastructure stimulus funding Wednesday to the New England states of Maine and New Hampshire.

Michele Fuetsch | Staff Reporter
October 19, 2010
Business

TCA Changes on Weight Limit; Backs Higher 88,000-Pound Cap

PHOENIX — The Truckload Carriers Association has changed its long-standing support of the status quo on truck weight limits in announcing a new preference in favor of an 88,000-pound gross vehicle weight, up the from the current 80,000-pound federal limit.

Jonathan S. Reiskin | Associate News Editor
October 19, 2010
Business

Werner’s Third-Quarter Income Improves

Werner Enterprises’ third-quarter profit rose to $24.2 million, or 33 cents a share, from $19 million, or 26 cents, a year ago.

October 19, 2010
Business

Housing Starts Rise to Five-Month High

Housing starts rose 0.3% to a five-month high in September, the Commerce Department said Tuesday.

October 19, 2010
Business

Volvo Renews Sponsorship of America’s Road Team

Volvo Trucks North America will continue to sponsor American Trucking Associations’ America’s Road Team for its 2011 season, the truck maker said.

October 19, 2010
Government, Business

Former FMCSA Chief Sandberg Hired at Wash. State Transportation Law Firm

Annette Sandberg, former administrator of the Federal Motor Carrier Administration, will become an attorney with a transportation law firm in Spokane, Wash., the firm said.

October 19, 2010
Business, Fuel

Diesel Rises 0.7¢ to $3.073 in Third Straight Increase

Diesel posted its third straight weekly increase, gaining 0.7 cent to a national average retail price of $3.073 per gallon, the Department of Energy said Monday.

October 19, 2010
Business, Safety, Government, Autonomous

ATA to Ask EPA to Keep California from Requiring Filters for APUs

American Trucking Associations has asked the U.S. Environmental Protection Agency to refuse to allow California to chart its own path on requirements governing auxiliary power units on trucks.

Michele Fuetsch | Staff Reporter
October 19, 2010
Business

Industry Gathers in Phoenix to Discuss Economy, Regulations, Future of Trucks

American Trucking Associations members gathering this week in Phoenix will meet to discuss economic recovery, the future of trucks and engines and the political and regulatory issues facing the industry.

October 18, 2010
Business

Navistar, UAW Reach Tentative Agreement

Navistar International Corp. and the United Auto Workers union have reached a tentative agreement on new four-year labor contracts, the company said.

October 18, 2010