Business
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.
Obama Signs Stimulus Package Into Law
President Obama signed a $787 billion economic stimulus package into law last week that included about $27.5 billion in highway funding, some of which already is being put to use.
February 23, 2009Best Trucking Software 2024
For growing asset-based carriers, ensuring you have the right trucking software is essential for managing fleets, optimizing operations, and winning more higher-paying loads.
California Finishing Plans to Issue Vouchers to Help Small Carriers Buy Cleaner Vehicles
California environmental regulators are drawing up plans to issue vouchers as early as this spring to small fleets to help them pay for replacing old trucks with units carrying a 2007 or newer diesel engine.
February 23, 2009TL Fleets Review Purchase Plans as Economic Concerns Deepen
CORAL GABLES, Fla. — Some truckload fleets that plan to purchase new tractors in 2009 say they may scale back their purchases as the U.S. economy weakens further, but others said they intend to keep buying.
February 23, 2009Recession Should Begin to Ease Midyear Followed by Mild Growth, Economist Says
ORLANDO, Fla. — The recession under way for 14 months is already “deep and long” and is supposed to hit bottom around the middle of this year, with mild growth in the second half, a Federal Reserve senior economist told a heavy-duty industry gathering here Feb. 16.
February 23, 2009Diesel Declines 3.3¢ to $2.186; Gas Continues to Rise
The average retail price of U.S. diesel declined for the fifth consecutive week, dipping another 3.3 cents a gallon, according to the Department of Energy.
February 23, 2009Letters: Back to Basics; Snow Removal Fines; Government Stimulus
Listening to the television pundits trying to divine the future of our economy, I am not unlike millions of people worldwide. We are all watching Washington, waiting for a panacea to the economic woes.
February 20, 2009UPS Rolls Out 300 CNG Trucks
UPS Inc. said it has put more than 300 compressed natural gas-powered delivery trucks into service in seven cities across the country.
February 20, 2009LaHood to Consider Vehicle Mileage Tax
Transportation Secretary Ray LaHood wants to consider taxing motorists by how many miles they drive, the Associated Press reported Friday.
February 20, 2009Navistar Financial Names Johanneson CEO
David Johanneson, a 36-year veteran in the truck industry, was named chief executive officer of Navistar Financial Corp. the company said Thursday.
February 20, 2009Consumer Prices Rise for First Time in Six Months
Consumer prices rose 0.3% in January for the first time in six months, led by an increase in gasoline prices, the Labor Department said Friday.
February 20, 2009