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.
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, 2008U.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, 2008Meritor 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, 2008EPA Sets 2009 Renewable Fuels Standard
The Environmental Protection Agency set its renewable fuels standard at 10.21% for 2009.
December 1, 2008CTA 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, 2008NAFTA 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, 2008YRC, 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.
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, 2008October Construction Spending Drops 1.2%
Construction spending fell 1.2% in October, the Commerce Department said Monday.
December 1, 2008N.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