Trucking Business News

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

Final Rule on EOBRs Expected in New Year, FMCSA’s Hill Says

The Federal Motor Carrier Safety Administration will publish its final rule on electronic onboard recorders during 2008, Administrator John Hill said.

December 19, 2007
Government, Business, Safety

Editorial: Reaffirming the HOS Rules

Kudos to the Federal Motor Carrier Safety Administration for reaffirming its new hours-of-service rules for commercial drivers and removing much of the uncertainty that has hung over these rules since the recent court action vacating portions of it.

December 19, 2007
Business, Safety, Government, Technology, Equipment

DOT Seeks Technology to Improve Safety, Reduce Congestion

The Department of Transportation said Tuesday it is asking private industry, research organizations, and state and local governments for commercially available technology to fight congestion and improve the safety within the U.S. transportation system.

December 19, 2007
Fuel, Business, Government

Diesel Falls 1.6¢ to $3.309

The average pump price of diesel fuel fell 1.6 cents to $3.309 a gallon, the Department of Energy said Monday.

December 18, 2007
Government, Business

Housing Starts, Building Permits Decline

Housing starts fell in November and building permits, an indicator of future construction, plunged to the lowest level in 14 years, the Commerce Department said Tuesday.

December 18, 2007
Business

Navistar Sued By Institutional Investors

Navistar International Corp. has been sued by institutional investors who claim the company issued misleading financial statements for 2003 and 2004, Bloomberg reported Tuesday.

December 18, 2007
Government, Business

Opponents Urge Action Against N.Y. Thruway Toll Hike

Members of the New York State Assembly are asking the public to help them block the New York Thruway Authority from raising tolls, the Syracuse Post-Standard reported Tuesday.

December 18, 2007
Government, Business, Fuel, Safety

Long Beach Approves Cargo Fee

The Port of Long Beach, Calif., Harbor Commission approved a $1.6 billion tax on cargo Monday to combat air pollution and clear the way for expansion projects, the Los Angeles Times reported.

December 18, 2007
Business

Busiest Shipping Week of Year Under Way

This week is projected to be the busiest of the year for the U.S. Postal Service and private shipping firms, news reports and shipping companies said.

December 17, 2007
Business

UAW Ratifies Navistar Pact

The United Auto Workers union ratified its contract agreement with Navistar International Corp., ending a seven-week strike, Bloomberg reported.

December 17, 2007