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.
Letters: Truck Size & Weight, HOS Not Safe, Game Plan
In questions of safety, heavier trucks are not the answer.
February 1, 2010TT Podcasts: RoadSigns
Check out Transport Topics' updated Top 100 list of the largest logistics companies in North America, and explore how the industry's top players have adapted to a tough freight market and are preparing for the future.
The Return of Growth
At long last, we report this week that American Trucking Associations’ freight index actually rose, as tonnage carried by fleets in December was 6.6% greater than what was moved in the same month of 2008.
February 1, 2010Sleeper Flexibility Would Improve HOS Rule, Trucking Industry Tells FMCSA at Hearing
DALLAS — Carrier officials and drivers told federal regulators that the hours-of-service rules work well, but could be improved by allowing more flexibility in the use of truck sleeper berths.
February 1, 2010DOT Bans Truck, Bus Operators from Texting While Driving
WASHINGTON — Transportation Secretary Ray LaHood last week issued an order immediately forbidding commercial drivers from texting on handheld mobile devices and instituting steep fines for violators.
February 1, 2010Bose Corp. Unveils Sophisticated Truck Seat Designed to Ease Wear and Tear on Drivers
FRAMINGHAM, Mass. — Bose Corp., the acoustics company best known for its high-end audio equipment and noise-canceling headphones, last week unveiled a sophisticated heavy-duty truck seat designed to ease the wear and tear on drivers.
February 1, 2010Infrastructure Funds, Tax Cuts Can Create Jobs, Obama Says
In his first State of the Union address, President Obama called on Congress to pass legislation to create jobs through infrastructure spending and tax cuts, but his proposed freeze in nondefense spending starting in 2011 could complicate the passage of a new highway bill, observers said last week.
February 1, 2010Financing Market Seen Returning to Normal, But Loans to Fleets Are Becoming More Costly
Although the overall credit market appears to be returning to some semblance of normalcy, trucking executives said they still face higher borrowing costs as many commercial banks remain cautious about lending and uncertainty persists about the U.S. economic recovery.
February 1, 2010GE Exits Truck Trailer-Tracking Business
I.D. Systems Inc., Hackensack, N.J., paid $15 million in cash to purchase General Electric Co.’s trailer-tracking business, Asset Intelligence LLC, the companies announced.
February 1, 2010Trucking Responds to Earthquake in Haiti, With Donations, Transportation Assistance
Within hours of the devastating Haitian earthquake, the president of TEC Equipment Inc., a chain of West Coast truck dealerships, received an e-mail from an employee asking, “What are we doing about Haiti?”
February 1, 2010Fleet Failures Accelerate in 4Q
Trucking company failures accelerated in the fourth quarter of 2009 and will continue to rise this year as fleets in the worst financial shape run out of cash and creditors run out of patience with them, a new Avondale Partners report said.
February 1, 2010