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

FMCSA Sets Stronger Medical Requirements for Drivers

The Federal Motor Carrier Safety Administration has finalized a streamlined process for combining the commercial driver’s license and medical certificate records for commercial truck and bus drivers.

December 2, 2008
Business, Safety, Government, Logistics

U.S. Economy Has Been in Recession a Year, Business Group Says

The U.S. economy has been in a recession for the past year, the Associated Press reported Monday, citing a report by the National Bureau of Economic Research.

December 1, 2008
Business, Safety, Government, Equipment, Technology

Meritor WABCO Debuts System for Automatic Truck Braking

ATLANTA — Meritor WABCO demonstrated its new automatic braking system for heavy-duty trucks that is integrated with its anti-lock braking and stability control systems. Executives said the system can cut accident rates, especially rear-end collisions, which account for nearly 20% of all truck-involved crashes.

December 1, 2008
Business, Fuel

EPA Sets 2009 Renewable Fuels Standard

The Environmental Protection Agency set its renewable fuels standard at 10.21% for 2009.

December 1, 2008
Business, Logistics, Government

CTA Asks For Environmental Technology Exceptions

The Canadian Trucking Alliance called on provincial governments to act swiftly to make regulations to allow weight and length considerations for technologies associated with CTA's enviroTruck program.

December 1, 2008
Business, Safety, Government

NAFTA Surface Trade Rises 7.5%

Surface trade among the United States, Canada and Mexico rose 7.5% in September from the same month last year, the Department of Transportation said Monday.

December 1, 2008
Business

YRC, Teamsters Reach Tentative Agreement on Contract Modification

YRC Worldwide and the Teamsters union have agreed tentatively on a cost-reduction package to reduce expenses, the two said.

Rip Watson | Special to Transport Topics
December 1, 2008
Business, Safety, Government

ISM Manufacturing Index Falls to 26-Year Low

U.S. manufacturing activity contracted at the fastest pace in 26 years last month, the Institute for Supply Management said Monday.

December 1, 2008
Government, Business

October Construction Spending Drops 1.2%

Construction spending fell 1.2% in October, the Commerce Department said Monday.

December 1, 2008
Government, Business, Safety

N.J. Turnpike Rates Rise Monday

Higher tolls on the New Jersey Turnpike take effect Monday, with discounts in place for trucking firms that spend at least $10,000 a month in tolls, the Asbury Park (N.J.) Press reported.

December 1, 2008