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, Government

Texas to Strip Smugglers of CDLs

Texas Gov. Rick Perry (R) announced an initiative to strip licenses from Texas truck drivers convicted of smuggling illegal weapons, drugs or humans into the United States, the Associated Press reported.

June 24, 2008
Business, Safety, Government

Customs Not Likely to Meet Deadline for Screening All U.S.-Bound Containers

The federal agency charged with preventing weapons of mass destruction from entering the United States likely cannot meet a 2012 deadline imposed by Congress and requiring that all U.S.-bound cargo containers be scanned by imaging and radiation equipment before leaving foreign ports.

June 24, 2008
Government, Business

Consumer Confidence Falls to 16-Year Low

Consumer confidence fell to the lowest level in more than 16 years this month, the New York-based Conference Board said Tuesday.

June 24, 2008
Business, Safety

ATA Safety Award Deadline Is Tuesday

The deadline for American Trucking Associations’ Safety Director Award to the motor carrier safety professional whose job qualifications, achievements and ability to design and direct safety programs are deemed most outstanding, is Tuesday, July 1.

June 24, 2008
Business, Fuel, Government

Diesel Falls 4.4¢ to $4.648; Gas Dips 0.3¢ to $4.079

The average price of diesel fell for the third time in the past four weeks, declining 4.4 cents to $4.648 a gallon, the Department of Energy said Monday.

June 24, 2008
Fuel, Business, Government

ASTM Panel Votes to Modify Biodiesel Standards

Engineering standards group ASTM International voted to tighten standards on pure and blended biodiesel fuel during meetings last week in Vancouver, British Columbia.

Jonathan S. Reiskin | Associate News Editor
June 23, 2008
Fuel, Business, Government

ASTM Panel Votes to Modify Biodiesel Standards

Engineering standards group ASTM International voted to tighten standards on pure and blended biodiesel fuel during meetings last week in Vancouver, British Columbia.

June 23, 2008
Business, Fuel

Oil Rises Above $137 Despite Saudi Pledge to Boost Output

Crude oil rose to topped $137 a barrel on Monday before falling back, despite a pledge by Saudi Arabia over the weekend to boost production by 200,000 barrels a day, Bloomberg reported.

June 23, 2008
Fuel, Business, Technology, Equipment, Safety

Ryder Offers New GPS Tool

Ryder System is offering its customers a new high-tech tool to help its customers save fuel, the Miami Herald reported Monday.

June 23, 2008
Business

XATANET Adds Proof-of-Delivery Functions

Mobile communications and software provider Xata Corp. said it has added proof-of-delivery functionality to its flagship XATANET fleet operations software.

June 23, 2008