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.

BusinessSafetyGovernment

Editorial: Dwindling Infrastructure Funds?

For all the hopeful talk about how President-elect Obama’s stimulus program is going to provide a much-needed boost to the nation’s deteriorating infrastructure, there are growing concerns in transportation circles that the pot of gold may be a lot smaller than originally thought.

January 12, 2009
BusinessLogisticsGovernment

Gasoline Rises After Five Months of Decline, Lundberg Says

The national average price of regular gasoline increased for the first time since early July, rising 11.7 cents to $1.779 a gallon during the two weeks ended Friday, according to the latest Lundberg Survey of filling stations released Sunday.

January 12, 2009
Business

Obama Plans to Keep Estate Tax, Journal Reports

President-elect Barack Obama plans to keep the estate tax from expiring next year, the Wall Street Journal reported Monday.

January 12, 2009
GovernmentBusinessSafetyTechnologyEquipment

Snow System Moving East; Roads in Several States To Be Affected

Weather forecasters posted winter storm warnings across the Northern Plains Monday, as a cold system threatened the region as it moved south and east, the Associated Press reported.

January 12, 2009
GovernmentBusinessSafety

Gainey Wins Court Approval for Reorganization Plan

Bankrupt trucking company Gainey Corp. won a battle to reorganize under bankruptcy law when a federal judge ruled it could use its cash to continue to fund its operations, the Grand Rapids (Mich.) Press reported.

January 12, 2009
BusinessSafetyLogistics

Group Calls for Ban on Cell Phone Use While Driving

A national safety group is advocating for laws completely banning cell phone use while driving, the Associated Press reported.

January 12, 2009
FuelBusinessSafetyGovernmentLogistics

Panel Urges Fuel Tax Hikes

WASHINGTON — A national commission studying transportation infrastructure funding is set to recommend that Congress raise fuel taxes now but eventually replace them with levies based on miles traveled.

January 12, 2009
BusinessFuelTechnologyEquipmentSafety

EPA Warns of Possible Dioxins In Cummins’ 2010 SCR System

The Environmental Protection Agency said it is concerned that emissions systems using a copper compound that engine maker Cummins Inc. will use in 2010 models could generate “likely human carcinogen” dioxins, in which case it would “likely not certify” the systems.

January 12, 2009
GovernmentBusinessSafety

Teamsters Ratify YRC Wage Cut

The Teamsters union said employees at YRC Worldwide Inc. have approved a landmark 10% wage cut to help reduce costs as the largest less-than-truckload carrier struggles with falling tonnage in a weak economy.

January 12, 2009
GovernmentBusinessSafetyFuel

Diesel Price Dips for 14th Straight Week, but Gasoline Rises

The U.S. retail diesel average declined 3.6 cents to $2.291 a gallon last week, the 14th consecutive drop, but analysts warned that fleets’ fuel costs are poised to start rising again.

January 12, 2009