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, Government, Business, Safety

Making Safety History

Usually in Washington, as elsewhere, something has to be broken, or at least underperforming, before some branch of the government moves to repair or replace it. That being the case, you might ask why the Department of Transportation is looking to tinker around with its hours-of-service rule.

January 25, 2010

Daily Briefings from Transport Topics

Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.

Business, Government, Technology

Opinion: Battery-Assisted RFID: A Game-Changer

When passive radio frequency identification began its rise almost a decade ago, hopes ran high that the new technology, which offers hands-free operation and doesn’t require a direct line of sight, would help to free the shipping industry from labor-intensive bar-code tracking, which often requires handheld devices to read labels and is consequently much prone to human error.

January 25, 2010
Business, Equipment

Class 8 Truck Sales Rise in December

U.S. heavy-duty truck sales in December topped 10,000 units for the only month in 2009, but the grand total for the year of 94,798 units was the lowest since 1983 and 29% below the 2008 level, WardsAuto.com reported.

January 25, 2010
Business

Truck Stops Begin Stocking DEF for 2010 Trucks, but Many Wait to Invest in Bulk Dispensers

As the first 2010 trucks requiring diesel exhaust fluid begin to roll off production lines, executives with the nation’s truck stops said they are prepared to meet the demand.

January 25, 2010
Business, Fuel

Fleets Expected to Report Better 4th-Qtr. Results

Stronger freight demand in the waning days of 2009 is fueling expectations that publicly traded carriers will report better performance when they begin disclosing fourth-quarter results this week, industry analysts said.

January 25, 2010
Government, Business, Safety

ATA Files Suit Against FMCSA Over HOS Logs

American Trucking Associations said last week it filed a lawsuit against the Federal Motor Carrier Safety Administration to force the agency to issue an overdue regulation covering the documents and other materials fleets need to maintain to verify drivers’ logbooks.

January 25, 2010
Business, Government, Safety, Fuel

Trucking Says CARB’s Cap-and-Trade Plan Would Result in More Volatile Diesel Prices

Trucking industry officials have filed comments opposing the California Air Resources Board’s plan to initiate a statewide cap-and-trade program to reduce greenhouse gas emissions.

January 25, 2010
Business, Government, Safety

Proponents of Current HOS Rule Urge FMCSA to Add Flexibility

ARLINGTON, Va. — Backers of the current driver hours-of-service rule far outnumbered opponents in the first of four scheduled public hearings held by the Federal Motor Carrier Safety Administration as it reviews the much-contested regulation.

January 25, 2010
Business, Safety, Government

Fatality Rate Hits New Low

The rate of fatalities in accidents involving trucks fell 12.3% in 2008 from the previous year — the largest year-to-year drop on record — to its lowest level on record, according to an American Trucking Associations analysis of Department of Transportation data.

January 25, 2010
Business

YRC Sets Shareholders’ Vote for Reverse Stock Split

YRC Worldwide Inc. set Feb. 17 as the date for a special shareholder meeting to vote on a reverse stock split that follows the debt-for-equity exchange offer that was completed earlier this month.

January 25, 2010