Trucking 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.
Berkshire May Boost BNSF Stake to 25%
Billionaire investor Warren Buffett’s investment company, Berkshire Hathaway, may boost its freight rail line Burlington Northern Santa Fe Corp. to 25%, the Associated Press reported.
September 5, 2007ISM Factory Index Drops for August
The Institute for Supply Management’s manufacturing index declined last month, ISM said Tuesday.
September 4, 2007Construction Spending Declines in July
Construction spending fell in July by the most since January, the Commerce Department said Tuesday.
September 4, 2007Tweaking Specifications on Truck Engines Can Raise Fuel Economy, Study Finds
Fleets can save fuel — possibly by as much as 5% — by “overspec’ing†engines, according to PHH FirstFleet, an asset, financial and technology management company for fleets.
September 4, 2007iTECH: Volvo Sentry ‘Integrates’ Actual Human Response
In a time when a computer is more likely to answer a business phone than a live human being, getting a call from a breathing, thinking person at 2 a.m. telling you that your Volvo is showing some unusually serious departures from its normal coolant temperature has to qualify as unique
September 4, 2007Florida Eyes Open-Road Tolling
Florida’s Turnpike Enterprise said Aug. 13 it had started construction on all four of its major toll plazas to convert existing electronic tolling lanes to open-road tolling lanes.
September 4, 2007GM Tests Process to Raise Fuel Economy
General Motors Corp. said it is testing a combustion process in concept cars that could raise fuel economy by 15% over current conventional engines, the Associated Press reported.
September 4, 2007July Truck Tonnage Drops 3.7%
Continued softness in the housing industry contributed to another month’s drop in truck freight volume during July, when tonnage fell 3.7% from last year, American Trucking Associations said last week.
September 3, 2007STB to Probe Rail Competition
The Surface Transportation Board said it will conduct a sweeping analysis of competition in the U.S. railroad industry, after a new government report raised suspicion that some rail freight rates in selected markets might not be justified or reasonable.
September 3, 2007States to Begin Collecting Fees Under New System
FMCSA has cleared the way for states to begin collecting registration fees under the new Unified Carrier Registration system, effectively bringing the curtain down on the widely disliked Single State Registration System.
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