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, Government

ATA, Trade Groups Seek Review of Commodity Speculation

American Trucking Associations said it has joined other trade associations in asking Congress to help prevent excessive speculation in commodities markets.

June 8, 2009
Business, Equipment

Eaton Launches Site to Target Stimulus Projects

Vehicle parts manufacturer Eaton Corp. said it has created a new Web site designed to help companies and government agencies launch projects funded through the federal stimulus plan.

June 8, 2009
Business

Obama Says 600,000 New Jobs Coming from Stimulus

President Obama said Monday his administration would deliver more than 600,000 jobs through its $787 billion stimulus plan this summer, the Associated Press reported.

June 8, 2009
Letters to the Editor, Business

Letter to the Editor: Technology and Training

Where would the trucking industry be without technology? Consider for a moment the vast array of technology available to carriers and the benefit each provides.

June 8, 2009
Editorial, Business, Fuel, Government

Ongoing Fuel Price Increases

Retail diesel prices in the United States hit their highest mark since December, as increasing crude oil costs work deeper into the fuel supply.

June 8, 2009
Business, Government, Safety

Navistar’s Stance on 2010 Regulations Difficult, Analysts Say

Navistar Inc. could face an uphill battle in its challenge to the Environmental Protection Agency’s 2010 truck exhaust regulations, industry analysts and other manufacturers said.

June 8, 2009
Business, Government

Truck Size Issue a Challenge, FHWA Nominee Mendez Says

WASHINGTON — Victor Mendez, the Obama administration’s choice to head the Federal Highway Administration, said safety and productivity would be among the factors he would consider when examining possible changes to federal truck size-and-weight limits.

June 8, 2009
Business, Fuel, Government, Technology, Equipment, Safety

GAO Urges Speedier GPS System Upgrade

The accuracy of the Global Positioning System could be compromised as early as next year if the U.S. Air Force cannot meet an ambitious schedule for space and ground infrastructure deployment, according to a new report from the Government Accountability Office.

June 8, 2009
Business, Government, Safety, Fuel

Navistar Challenges EPA

Truck and engine manufacturer Navistar Inc. has challenged the Environmental Protection Agency’s authority to certify heavy-duty diesel engines using selective catalytic reduction to meet the agency’s 2010 emission standards, saying EPA skipped an important regulatory step.

June 8, 2009
Business, Government, Safety

Obama Taps Maryland’s Ferro as Next FMCSA Administrator

President Obama will nominate Anne Ferro, president of the Maryland Motor Truck Association, to head the Federal Motor Carrier Safety Administration, the White House announced last week.

June 8, 2009