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, Safety, Fuel

EPA’s New Greenhouse Gas Reporting Rule to Exempt Medium-, Heavy-Duty Fleets

The first-ever federal rule for greenhouse gas emissions reporting will not require trucking companies operating medium- and heavy-duty fleets to record and report carbon emissions data.

October 5, 2009

Infographic: Ryder’s Foundation for a Successful Freight Brokerage

Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.

Government, Business

Senate Expected to Introduce Measure Addressing Rail Shipping Rate Gripes

Long-awaited rail legislation to address customers’ complaints about high rail shipping rates could be introduced in the Senate shortly, said analysts and trade groups who are eager to see the bill’s details.

October 5, 2009
Government, Business, Safety

DOT to Ban Texts, Limit In-Cab Devices

WASHINGTON — The Obama administration will move to ban cell-phone texting by truck drivers and to restrict the use of other in-cab communications units, according to Transportation Secretary Ray LaHood.

October 5, 2009
Letters to the Editor, Business, Fuel, Safety, Government

Letters: ‘No’ to Natural Gas, Driver Recruiters, Drivers and Lumpers

Just say “no” to the T. Boone Pickens plan and to H.R. 1835, the New Alternative Transportation to Give Americans Solutions Act — the NAT GAS Act of 2009 — a bipartisan bill recently introduced in the House of Representatives by Rep. Dan Boren (D-Okla.).

October 5, 2009
Editorial, Business, Safety, Government

Getting It Right

Twice in recent days, the New York Times has uncharacteristically turned its attention to the trucking industry, and twice it has tried to give trucking a black eye, strongly implying that the industry is unsafe and has little interest in getting safer.

October 5, 2009
Business, Fuel

Oil Falls to Near $69 a Barrel

Crude oil fell to near $69 a barrel early Monday as production increased and on concerns about high unemployment crimping economic growth, Bloomberg reported.

October 5, 2009
Government, Business, Safety, Fuel

DDC Asks EPA Approval for Its 2010 SCR Engines

Detroit Diesel Corp. completed its filing with the U.S. Environmental Protection Agency for approval of its 2010 truck engines, the third U.S. engine maker to do so, the company said Sept. 29, adding that it also filed with the California Air Resources Board.

October 5, 2009
Business, Government

Industry Groups Blast UCR Plan while States Support Fee Hike

In comments to the Federal Motor Carrier Safety Administration about the agency’s proposed sharp Unified Carrier Registration fee increase, industry groups and state enforcement agencies continued to debate the need for and size of the increase.

October 5, 2009
Business, Equipment

ComVest, Wayzata Vie to Be ‘Stalking Horse’ as Gainey Corp. Bankruptcy Enters 2nd Year

The Gainey Corp. bankruptcy case, the longest-running reorganization among large carriers, will enter its second year on Oct. 14 when a top bidder for the trucker is scheduled to be announced, setting the stage for an auction.

October 5, 2009
Business, Safety, Government

New U.S. Study Says Wetlines Incidents Led to 13 Deaths Over 10-Year Period

Damaged or ruptured tank-truck wetlines resulted in 13 fatalities and seven injuries over the past 10 years, according to a new analysis by federal regulators.

October 5, 2009