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.
IRS, Labor Dept. to Crack Down on Firms Misclassifying Workers
The Obama administration said it plans to begin a multimillion-dollar push to crack down on employers who misclassify employees as independent contractors.
March 8, 2010Producers Roll Out New Models as Fleets Eye Lighter, Tougher Units
The drive by trucking companies to become more efficient is reshaping the trailer manufacturing industry.
March 8, 2010Road Bill May Be Completed by End of Year
Transportation leaders said last week they hoped to complete a long-term surface transportation reauthorization before the end of the year, although paying for the legislation’s increased infrastructure spending remains a major obstacle.
March 8, 2010States Can Collect UCR Fees at 2009 Levels, FMCSA Says
The Federal Motor Carrier Safety Administration said last week that even though it hasn’t set 2010 fees for the Unified Carrier Registration, states may begin collecting some revenue from carriers using last year’s fee levels.
March 8, 2010Diesel, Gasoline Rise Again
The average retail price of U.S. diesel rose 2.9 cents last week, the second consecutive increase, pushing the cost of trucking’s main fuel to $2.861 a gallon, according to the Department of Energy.
March 8, 2010Oil Jumps Over $81 a Barrel
Oil jumped more than $1 to top $81 a barrel Friday following a government report that the unemployment rate held steady in February, Bloomberg reported.
March 5, 2010February Unemployment Rate Holds at 9.7%
The U.S. unemployment rate held at 9.7% in February, the Labor Department said Friday.
March 5, 2010Arizona Faces Anger Over Closed Rest Stops
Anger over closed rest stops in Arizona has spurred a state legislator to propose allowing entities other than the state to pay to keep rest stops open, the New York Times reported Friday.
March 5, 2010Opinion: Rule Changes Ahead for SafeStat Audits
The rules are changing for the Federal Motor Carrier Safety Administration’s “SafeStat” audits for trucking companies.
March 5, 2010Intermodal Traffic Rises for Week
U.S. intermodal rail traffic increased 17.5% in the week ended Saturday compared with the same week last year, the Association of American Railroads said.
March 5, 2010