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.

Editorial, Business, Government

Snow, Snow and More Snow

The mid-Atlantic region is the latest area to be reminded of Mother Nature’s capriciousness and unrelenting fury, as a seemingly endless string of major snowstorms has dumped record amounts from Virginia to New Jersey.

February 15, 2010
Business, Government

Senate Bill Boosts Highways

The Senate began debate last week on a proposal that would inject nearly $20 billion into the ailing Highway Trust Fund and extend the current highway spending law as part of a new jobs bill.

February 15, 2010
Business, Government

Paccar Unveils MX Engine After 10 Years, $1 Billion

MOUNT VERNON, Wash. — Paccar Inc. officials last week officially unveiled the company’s first-ever heavy-duty diesel engine in North America, an advanced version of the power plant its European-based subsidiary has been producing for several years.

February 15, 2010
Business, Government, Safety

Blizzards Snarl Mid-Atlantic, Hampering Freight Movement

The record-breaking blizzard last week, the second massive storm in a week to hit the mid-Atlantic region, caused Delaware, Maryland and Pennsylvania to close highways for at least part of Feb. 10, and forced trucks to park and delivery schedules to absorb delays.

February 15, 2010
Business, Government, Safety

FedEx ‘Panda Express’ Takes Bears Home

DULLES, Va. — For Dennis Halsey, it was a return trip nearly a decade in the making.

February 15, 2010
Government, Business, Safety

DOT Proposes Testing for More Drugs, Lowering Existing Threshold on Others

The U.S. Department of Transportation has published a proposed rule that would toughen its workplace drug-testing program for truck drivers and other transportation workers, including testing for the drugs “ecstasy” and heroin.

February 15, 2010
Government, Business, Safety

Execs Ask FMCSA to Change Several Steps Before Chassis Safety Rule Takes Effect

Trucking and intermodal leaders are pressing the Federal Motor Carrier Safety Administration to change two key safety reporting steps before the agency’s delayed chassis safety rule finally takes effect on June 30.

February 15, 2010
Business, Logistics

TCA, Natso to Focus on Economic Recovery, Government Regulations During Meetings

Hopes for an economic recovery and the looming threat of government regulations will be main themes as the Truckload Carriers Association and Natso, the national association representing truck stops and travel plazas, hold their annual conferences from Feb. 27 to March 3 at separate locations in Las Vegas.

February 15, 2010
Business

LTL Market Stabilizes in 4Q as Fleets See Growth Ahead

The long-depressed less-than-truckload market has stabilized and is showing initial signs of modest growth, LTL carriers said in fourth-quarter earnings statements.

February 15, 2010
Business

YRC Reduces 4Q Loss

YRC Worldwide Inc.’s loss from operations narrowed in the fourth quarter to $95 million from $135 million a year earlier as Chief Executive Officer William Zollars said the less-than-truckload company would continue the improving trend this year.

February 15, 2010