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.

Government, Business, Fuel, Safety

Officials Cite Concerns on Vehicle-Miles Tax

WASHINGTON — Several lawmakers, Department of Transportation officials and experts have expressed concern with elements of a vehicle miles traveled tax, which some advocates tout as a replacement for the federal fuel tax, while also cautioning that a transition to VMT could be a slow process.

November 24, 2009

EDI for Trucking: Everything You Need to Know

Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.

Business, Government

Third-Quarter GDP Revised Downward to 2.8% from 3.5%

The U.S. economy expanded at a lower rate than previously reported in the third quarter, growing at a 2.8% annual rate versus the 3.5% reported last month, the Commerce Department said Tuesday.

November 24, 2009
Business, Government, Safety

E&MU: Next-Gen Diesels Cut DPF Upkeep, Engine Makers Say

The ire of fleet managers who say diesel particulate filters are clogging with soot too quickly should be eased with the arrival of 2010 engines, according to some engine manufacturers.

November 24, 2009
Business, Logistics, Fuel, Government

Diesel Dips 0.3¢ to $2.787 in Third Straight Decline

Diesel’s national average price fell for a third straight week, declining 0.3 cent to $2.787 a gallon, the Department of Energy said Monday.

November 23, 2009
Business, Safety

October Truck Tonnage Falls 5.2%

U.S. truck tonnage fell 5.2% in October from the same month last year, the best year-to-year showing since November 2008, American Trucking Associations said Monday.

November 23, 2009
Business, Fuel

Clean Diesel Requests Due Dec. 8, EPA Says

Requests for funding related to the Diesel Emissions Reduction Act will be accepted until Dec. 8, the Environmental Protection Agency said.

November 23, 2009
Business, Equipment

Chrysler Says Ram May Add Heavy Truck to Portfolio as Part of Branding Strategy

A Chrysler LLC executive said the company is establishing the Ram name as a separate brand apart from Dodge and may add a Class 8 truck to its portfolio.

November 23, 2009
Business, Logistics

Existing Home Sales Jump 10.1%

Existing homes sales jumped in October to the highest level since February 2007, the National Association of Realtors said Monday.

November 23, 2009
Business, Government

S.F. Bay Area Considers Bridge Toll Increases

A proposal to increase tolls on some bridges in California’s San Francisco Bay Area could have trucks paying an additional $5 to $41.50 per trip, the San Mateo County (Calif.) Times reported.

November 23, 2009
Fuel, Business, Logistics, Government

Gasoline Price Drops 3.6¢ to $2.65 a Gallon

The national average price of regular gasoline fell 3.64 cents in the two weeks ended Friday, $2.65 a gallon, according to the latest Lundberg Survey of fuel prices.

November 23, 2009