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, Fuel, Autonomous

Calif. Aims to Cut Emissions, Improve Four Freight Corridors

Trucks operating in California would be required to meet tighter emission standards under a plan proposed by Gov. Arnold Schwarzenegger (R) to spend $3.1 billion in bond money to improve four key freight corridors.

Andrea Fischer | Staff Reporter
January 22, 2007
Business, Fuel, Technology, Equipment, Safety

Letters to the Editor: EPA and Engines; Onboard Diagnostics

Click here to write a Letter to the Editor. Once again, the great Environmental Protection Agency has brainwashed the public in the name of environmental protection. As a small fleet owner of longhaul flatbed equipment, our injectors and fuel systems are taking a beating in the name of conservation.

January 22, 2007
Business, Equipment

Moody’s Downgrades ArvinMeritor’s Debt Rating

Moody’s Investors Service cut its rating on components maker ArvinMeritor Inc., saying the company’s profits will likely remain under pressure despite recent progress in cutting its debt, Reuters reported.

January 22, 2007
Business, Government, Safety, Technology, Equipment, Autonomous

ACE to Be Required at Entry Points in California, Texas, N. Mex.

The U.S. Customs and Border Protection agency said Friday that truck carriers entering the United States at all land border ports of entry in California, Texas and New Mexico will be required to present advance electronic cargo information through the Automated Commercial Environment truck manifest system.

January 19, 2007
Business, Government

Investors Sue Allied Holdings Over Meeting, Board Issues

Auto hauler Allied Holdings was sued by investors who want the company to hold an annual meeting so they can vote on replacing the board, Bloomberg reported.

January 19, 2007
Business, Safety, Government

Virginia Transportation Plan Would Boost Costs to Truckers

A new transportation plan by Virginia state Republicans would raise fees on drivers and boost costs to truckers, the Washington Post reported Thursday.

January 19, 2007
Business, Government

Washington State Sets Initiative to Improve Freight Movement

Washington Gov. Chris Gregoire (D) Thursday unveiled a new “container ports initiative,” a plan to improve the movement of products to markets and workers to jobs.

January 19, 2007
Business, Government, Safety

California to Close Stretch of I-215 This Weekend

Contractors will close a stretch of Interstate 215 in California starting Friday night through 4 a.m. Monday, the Los Angeles Times reported Friday.

January 19, 2007
Business, Safety, Government

Several Northeast States Take Steps Toward Privatized Highways, New Tolls

As the federal government moved last week to help states promote private transportation investment, several states in the Northeast took initial steps toward adding toll roads or privatizing existing highways.

Andrea Fischer | Staff Reporter
January 19, 2007
Business, Logistics, Autonomous

Penske Logistics to Close Ohio Terminal in March

Penske Logistics plans to close a trucking terminal in Richfield, Ohio, and lay off 92 employees by the end of March, the Cleveland Plain Dealer reported Friday.

January 19, 2007