Oil rose to more than $97 a barrel, its highest intraday price in a week, following the Labor Day holiday, as investors speculated that European central banks will do more to stimulate economies, Bloomberg reported.
September 4, 2012Trucking 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.
CARB Pushes Back Timeline for OBD Advances
The California Air Resources Board has approved changes that give heavy-duty diesel engine manufacturers more time to comply with 鈥渢echnology forcing鈥 regulations that require advances to engine onboard diagnostics systems that monitor聽nitrogen oxide emissions levels and particulate matter filter and sensor malfunctions.
September 4, 2012Construction Spending Drops in July
Construction spending fell in July for the first time in four months, the Commerce Department said Tuesday.
September 4, 2012EPA Air Regulatory Official Stepping Down
Margo Oge, the high-level official for the U.S. Environmental Protection Agency who has spearheaded the agency鈥檚 efforts to reduce air pollution and greenhouse gas emissions from the U.S. transportation sector, is retiring from the agency where she worked for more than three decades.
September 4, 2012Pilot Completes Acquisition of Maxum Petroleum
Pilot Flying J said Tuesday it has completed its deal to gain controlling interest in Maxum Petroleum.
September 4, 2012Letter: Do the Right Thing
Let me understand you correctly: If a driver runs out of time 30 minutes from the yard and is on an electronic onboard recorder, 鈥淗e either spends the night 20 miles from home or, more likely, breaks the law and comes to the yard anyway.鈥
September 3, 2012Opinion: Independent Contractors Under Fire
Transportation companies with independent contractor relationships should brace themselves for potential misclassification challenges from multiple fronts. Given the budget crises facing many states and the federal government, the interests of legislators, government agencies and unions have aligned, resulting in a coordinated effort to discourage the use of independent contractors 鈥 or to reclassify them as employees.
September 3, 2012July Trailer Orders Rise 0.2% as Fleets Remain Cautious
Orders for new trailers rose a slight 0.2% in July from a year earlier to 13,339, ACT Research reported.
September 3, 2012Tire Maintenance Effective in Preventing Blowouts
The price of the service call to replace a blown truck tire on the road can run about $500, industry experts and fleet managers said, adding that the total costs can be much higher.
September 3, 2012ABF Freight Wants Direct Negotiations with Teamsters on New Labor Contract
Officials of less-than-truckload carrier ABF Freight System said they have notified the Teamsters union they want to negotiate directly on a new labor contract next year and not as part of an industry group.
September 3, 2012Trending
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