Trucking Business News

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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.

BusinessGovernmentLogistics

Consumer Confidence Drops in August

Consumer confidence fell in August to its lowest mark since April 2009, the New York-based Conference Board said Tuesday.

August 30, 2011
BusinessFuel

Planned U.S.-Canada Oil Pipeline Gets Favorable Report

The U.S. State Department said in a report that the planned Keystone XL pipeline, which would transport crude oil from tar sands in Alberta, Canada, to oil refineries in Texas, is unlikely to have a significant impact on the environment, Associated Press reported.

August 30, 2011
BusinessFuel

Diesel Gains a Penny to $3.82 a Gallon

Diesel’s national average pump price rose for the first time in five weeks, edging up 1 cent to $3.820 a gallon, while gasoline increased 4.6 cents to $3.627, the Department of Energy said.

August 30, 2011
GovernmentBusinessTechnologyEquipment

Appeals Court Throws Out EOBR Rule

The Federal Motor Carrier Safety Administration’s electronic onboard recorder 2010 final rule for motor carriers with significant hours-of-service violations does not protect truck drivers from potential harassment by their employers, a federal appeals court has ruled.

August 29, 2011
Business

Flooding Damages I-287 in New Jersey

Hurricane Irene rainfall has caused extensive flood damage in northern New Jersey where a section of the northbound lanes of Interstate 287 collapsed Sunday night north of the intersection of Interstate 80.

August 29, 2011
BusinessFuel

Oil Rises to Nearly $87 a Barrel

Oil rose to nearly $87 a barrel in early trading Monday, following a report that consumer spending increased more than forecast, Bloomberg reported.

August 29, 2011
Business

Personal Spending Rises 0.8% in July

Consumer personal spending climbed 0.8% in July, the Commerce Department said Monday.

August 29, 2011
BusinessTechnology

Two New Low-Cost EOBRs Ready to Enter In-Cab Device Market

Rand McNally Co. has elbowed its way onto the EOBR scene by unveiling a new in-cab communication device it calls the TND 760 Fleet Edition and sells for $799, while cab-communications giant Qualcomm Inc. said it will meet that price with a new model to be introduced later this year.

August 29, 2011
BusinessTechnology

PeopleNet Users to See Few Changes After Purchase by Trimble, Officials Say

BOCA RATON, Fla. — PeopleNet officials here emphasized repeatedly that their customers will see few, if any, changes resulting from their company’s recent acquisition by Trimble Navigation Ltd.

August 29, 2011
BusinessTechnology

GPS Insight Unveils Fleet-Tracking Interface

GPS Insight LLC has unveiled a new GPS fleet-tracking dashboard interface.

August 29, 2011