Business
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.
Fleet Failures at Record Low as Rates Rise, Fuel Declines
Fleet failures plummeted to an all-time low in the fourth quarter as higher rates and lower fuel prices pumped cash into the fleets that were in danger of failing, a new report said.
January 26, 2015TT Podcasts: RoadSigns
Volvo's Chayene de Souza and Magnus Gustafson discuss how new, connected trucks can boost business, enhance safety practices, and reinforce preventative maintenance plans.
Diesel Average Falls Below $3 for First Time Since Sept. 2010
For the first time since September 2010, the national retail average price for a gallon of diesel fuel is below $3 a gallon, which means trucking executives are both spending less money and pulling in less revenue as fuel surcharge receipts dwindle.
January 26, 2015History Guides Fleets’ Engine Oil Choices; Many Still Prefer Heavier-Weight Blends
Decisions about which engine oil fleets run in their trucks are based on everything from past experience to everyday convenience, but those choices can affect the long-term performance of the equipment, service and manufacturing representatives said.
January 26, 2015FMCSA to Address Uptick in Crashes in North Dakota’s Bakken Oil Region
The Federal Motor Carrier Safety Administration said it is addressing an increasing and disproportionate number of fatal large truck-involved crashes in North Dakota’s Bakken oil field counties.
January 26, 20152014 Volumes Up at Three Calif. Ports Despite Delays Linked to Contract Talks
Cargo volumes and freight shipments through California ports, particularly the three largest on the West Coast, continued to climb last year despite delays and congestion linked to regional labor contract talks, the latest industry statistics showed.
January 26, 2015December Medium-Duty Sales Push Segment to Strongest Annual Finish in Seven Years
U.S. retail sales of Classes 4-7 trucks climbed in December to 18,731 units, the highest monthly total in more than seven years, according to WardsAuto.com.
January 26, 2015Tonnage Rises 5.2% in December
Growing factory activity helped truck tonnage end the year on a strong note, with American Trucking Associations’ index rising 5.2% in December over the year earlier.
January 26, 2015Leaders Eye Mix of Options to Pay for New Road Bill
WASHINGTON — Congressional leaders of transportation policy committees said corporate tax reform, private sector investments, and possibly raising fees for highway users are ways to fund a five-year highway bill that industries, including trucking, say is vital for business.
January 26, 2015House Legislation Would Speed Decisions on Construction of LNG Export Terminals
A House Republican from Ohio introduced a bill to expedite decision making on permits for the construction of liquefied natural gas export terminals.
January 26, 2015ATD Chairman Jorgensen Urges Involvement in Regulatory Process
SAN FRANCISCO — Fresh off the strongest year in recent memory, the chairman of the American Truck Dealers said he will still work to reduce the “intense burden” of additional federal regulations.