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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.

BusinessGovernment

UPS Freight Says It Improves Western Transit Times

UPS Freight said Wednesday it has sped up transit schedules on more than 1,900 traffic lanes in eight western states, marking the final phase of its 2008 network enhancements.

October 8, 2008
GovernmentBusinessSafety

Opinion: Hurricane Katrina鈥檚 Lessons

As we gather in New Orleans for our 2008 Management Conference & Exhibition, it鈥檚 hard not to think back to the images of the 鈥淐rescent City鈥 in 2005 following Hurricane Katrina. In a matter of hours, New Orleans went from a vibrant tourism destination to a city devastated by flooding.

October 8, 2008
BusinessSafetyGovernment

DOT Freight Transport Index Rises

The Department of Transportation鈥檚 freight transportation services index rose 1.9% in August from the same month a year ago, DOT said Wednesday.

October 8, 2008
BusinessGovernment

N.J. Officials Propose Smaller Toll Hikes

New Jersey officials have scaled back proposals to drastically increase tolls on the New Jersey Turnpike and Garden State Parkway, offering a new plan that includes discounts for trucks, the Philadelphia Inquirer reported.

October 8, 2008
GovernmentBusinessSafety

Letters to the Editor: Fed Bailout; Training, Turnover

Do you see anything in 鈥淭he Bailout Plan鈥 that indicates whether there will be fines and prosecutions for board members, chief executive officers (i.e., the big guys who walk away with millions of dollars per year in bonuses and the people who worked the deals) and the oversight committees who monitor our financial markets?

October 8, 2008
GovernmentBusinessSafety

FMCSA Sends Rules on Chassis, New Carriers to White House

The Federal Motor Carrier Safety Administration sent regulations aimed at strengthening oversight of new trucking companies and of intermodal chassis equipment to the White House for review, putting the regulations on pace to be published before the end of the year.

October 8, 2008
BusinessSafetyGovernment

ATA Expands Highway Safety Agenda

American Trucking Associations said its board of directors has voted to expand ATA鈥檚 safety agenda with the goal of further reducing the number of highway-related fatalities.

October 8, 2008
Business

Fed Cuts Interest Rate a Half-Point, to 1.5%

The Federal Reserve, in an emergency unscheduled meeting Wednesday, cut the key U.S. interest rate by half a percentage point in an effort to bolster the faltering U.S. economy.

October 8, 2008
FuelBusinessGovernment

DOE Lowers Forecast for Fuel Prices

The prices of oil, gasoline, heating oil and diesel all will average lower next year than earlier forecast, as global demand slows with the slowing world economy, the Energy Department said Tuesday.

October 7, 2008
BusinessSafety

America鈥檚 Road Team Driver Tony Sifford Dies in Crash

Tony Sifford, 41, an America鈥檚 Road Team captain since 2007, died Sept. 24 near Ruston, La., from injuries sustained in a highway accident that day.

October 7, 2008

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