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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.

Business

YRC Reportedly Cuts More Jobs

YRC Worldwide has cut about 200 more jobs in a further effort to reduce costs, Reuters reported.

March 2, 2010
FuelBusinessLogistics

Diesel Rises for Second Week, Climbing 2.9¢ to $2.861

Diesel fuel rose for the second straight week, gaining 2.9 cents to a national average $2.861 at the pump, the Department of Energy reported.

March 2, 2010
BusinessSafetyGovernment

Senate May Not Approve DOT Funds Until Next Week

With about 2,000 federal workers on continued furlough at key Department of Transportation agencies, the Senate may not pass a bill reinstating funding for them until next week, Bloomberg reported Tuesday.

March 2, 2010
BusinessSafetyGovernment

DOT Furloughs Under Way as Funding Flap Continues

The Department of Transportation is furloughing nearly 2,000 employees without pay starting Monday and is temporarily shutting down highway reimbursements to states worth hundreds of millions of dollars as a result of a Senate impasse over federal transportation funding.

March 1, 2010
GovernmentBusiness

House Leaders May Seek ‘Adjustments’ to Senate’s Jobs, Highway Legislation

The U.S. Senate last week passed legislation that would extend current highway legislation and transfer $20 billion to the Highway Trust Fund, but a key legislator reportedly said the Senate bill would not pass the House of Representatives, which already has approved a broader, more expensive measure.

March 1, 2010
GovernmentBusinessSafety

FMCSA to Allow UCR Fee Collection

The Federal Motor Carrier Safety Administration is set to allow states to collect fees for the Unified Carrier Registration program, despite the fact the agency has yet to finalize what the level and structure of the fees will be for 2010.

March 1, 2010
BusinessFuelGovernment

Iowa Biodiesel Mandate Dies in Committee

A proposed 5% biodiesel mandate has died in the Iowa state legislature, the Fort Dodge Messenger reported.

March 1, 2010
GovernmentBusinessSafetyFuel

Cap-and-Trade Opponents Gaining in Senate as EPA Moves on Greenhouse Emissions Rule

While U.S. Environmental Protection Agency Administrator Lisa Jackson indicated last week that her agency was moving forward with plans to regulate greenhouse gas emissions, opposition to a Senate cap-and-trade bill seemed to be gaining enough momentum to block its passage.

March 1, 2010
BusinessFuel

Wal-Mart Pushes Efficiency Among Suppliers

Wal-Mart Stores is pushing its suppliers to be more energy efficient and reduce greenhouse gas emissions by 20 million metric tons by 2015, the Associated Press reported.

March 1, 2010
BusinessGovernmentSafetyTechnologyEquipmentLogistics

Ryder Enters Asian Logistics Partnership

Ryder System said Monday it has signed a joint venture partnership with Cargo Services Far East Limited, an Asia-based logistics provider specializing in export consolidation services.

March 1, 2010

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