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, Safety

Intermodal Fleets Remain Concerned About Road Funds

Curtis Whalen, executive director of American Trucking Associations’ Intermodal Motor Carriers Conference, said his members share many of the same concerns about reauthorization as other trade groups.

Rip Watson | Special to Transport Topics
November 16, 2009
Government, Business, Safety, Fuel

EPA Approves SCR Use for 2010

The U.S. Environmental Protection Agency last week formally approved selective catalytic reduction to meet its 2010 emissions standard.

November 16, 2009
Business

IBM Claims Technology To Trump Truck Brand

Truck buyers 10 years from now will value robust onboard computing more than a vehicle’s nameplate, according to a new report from IBM, but truck makers and telematics providers disputed that conclusion.

November 16, 2009
Government, Business, Safety

Judge Expected to Select Winning Bidder to Be New Owner of Carrier Gainey Corp.

Gainey Corp.’s future owner is expected to be decided this week, following a three-way contest for the bankrupt carrier, CEO Harvey Gainey said.

November 16, 2009
Business, Government

Trucking Sheds 7,500 Positions in October

The trucking industry shed 7,500 more jobs in October, more than double the 3,600 lost in September, according to the U.S. Bureau of Labor Statistics.

November 16, 2009
Business, Government, Safety

Washington Distractions Hurt Freight, Leaders Say

Politicians’ fixations on issues such as health care are deflecting attention from crucial restoration of the transportation infrastructure and impairing the ability of American businesses to cope with the recession and revive the freight industry, three industry leaders said during a recent roundtable discussion.

November 16, 2009
Business, Safety, Government

House Subcommittee Plans Field Hearing After Wetlines Bill Markup Is Postponed

A House subcommittee was scheduled to hear testimony at a Nov. 16 field hearing in Baltimore on a controversial House bill that would prohibit the transportation of flammable liquids in unprotected product piping both on existing and on newly manufactured cargo tank trucks.

November 16, 2009
Government, Business, Safety

Senate Confirms Anne Ferro as Next FMCSA Administrator

The Senate has unanimously confirmed Anne Ferro, the former head of the Maryland Motor Truck Association, to direct the Federal Motor Carrier Safety Administration.

November 16, 2009
Government, Business, Safety

ATA Seeks DOT Meeting to Discuss Future of HOS

American Trucking Associations has requested a meeting with Department of Transportation officials to discuss the agency’s intention to revise federal driver work rules issued during the Bush administration.

November 16, 2009
Government, Business, Safety, Equipment

October Truck Orders Spike

North American Class 8 truck orders shot up sharply in October to about 22,000 vehicles, double the previous month’s total and more than twice the year-ago total, according to data from two research firms.

November 16, 2009