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.

Business, Logistics, Fuel, Government

Diesel Falls 3.7¢ to $2.833 in Second Straight Decline

Diesel’s national average price fell 3.7 cents to $2.833 a gallon, the biggest single-week decline since July, the Department of Energy said Monday.

January 26, 2010

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Business

Celadon’s 2Q Income Drops; Revenue Improves

Truckload carrier Celadon Group’s fiscal second-quarter income fell 41% to $1 million, or 5 cents per share, from $1.7 million, or 8 cents, from a year ago.

January 25, 2010
Business

Trucking Coalition to Host Green Technology Webinar

The Trucking Industry Mobility and Technology Coalition said Monday that it will host a free webinar in February about environmental strategies and green technologies for fleets.

January 25, 2010
Business, Safety, Government

More States Targeting Distracted Driving

States are continuing to crack down on texting and driving, with 23 debating legislation to ban the practice that 19 states already prohibit, USA Today reported Monday.

January 25, 2010
Business, Logistics

Existing Home Sales Fall in December, Rise for Year

Existing homes sales 17% in December but rose last year for the fist time in four years, the National Association of Realtors said Monday.

January 25, 2010
Government, Business, Fuel, Safety

Heavy Truck Fuel Consumption Can Be Reduced 30%, DOE Says

Aggressive fuel economy research and development funded by the federal government will reduce fuel consumption of long-haul trucks by 30%, Energy Secretary Steven Chu told a Senate committee Thursday.

January 25, 2010
Government, Business

Heavier Trucks Running on Vermont Interstates

Trucks as heavy as 100,000 pounds are now traveling on all interstate highways in Vermont, thanks to action last month by state legislators and Gov. Jim Douglas (R).

January 25, 2010
Fuel, Business, Logistics, Government

Gas Price Slips 1.4¢ to $2.72 a Gallon

Gasoline’s national average price fell 1.4 cents over the past two weeks to an average $2.72 a gallon, according to the latest Lundberg Survey of fuel prices released Sunday.

January 25, 2010
Business, Equipment

Eaton’s 4Q Profit Improves

Vehicle parts manufacturer Eaton Corp. said Monday its fourth-quarter profit rose 29% from a year ago and that it expects its markets to grow 5% this year.

January 25, 2010
Letters to the Editor, Business, Safety, Government

Letters: Older Workers, EOBRs, Hours of Service

The Jan. 4 Opinion piece, “Workers’ Comp and Our Aging Workforce,” has to be the most biased article I have ever read.

January 25, 2010