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.
Cummins Diagnostics Service Now Available With Omnitracs In-Cab Devices
Engine maker Cummins Inc.’s remote diagnostics application now is available to fleets using Omnitracs’ in-cab telematics devices, the companies said in a joint announcement.
QuickBooks for Trucking: Connecting QuickBooks to Your TMS
Learn how Truckbase connects QuickBooks for trucking and your TMS to help you marry your trucking-specific data in your TMS with your financial data in QuickBooks.
Weekly Intermodal Rail Traffic Rises as Carloads Decline
U.S. rail intermodal traffic rose 3.8% in the week ended April 4 compared with the same week last year as carloads declined, the Association of American Railroads reported.
April 8, 2015DOT Freight Transportation Index Rises in February
The Department of Transportation’s freight transportation services index rose 2.5% in February from the same month in 2014, DOT said April 8.
April 8, 2015Manufacturers Group Presses Rep. Paul Ryan for Long-Term Bill
The Association of Equipment Manufacturers called on Rep. Paul Ryan (R-Wis.) this week to advance a long-term transportation bill before funding authority for highway programs expires May 31.
Daimler Trucks North America Recalling Some Model-Year 2015 Freightliner, Western Star Trucks
Daimler Trucks North America is recalling some model-year 2015 Freightliner and Western Star trucks due to a possible brake problem, the National Highway Traffic Safety Administration said in a recall announcement.
PeopleNet Expands OEM Partnerships, Appoints Managers for New Business Lines
PeopleNet has expanded its partnerships with truck and engine makers and recently appointed leaders for two of its new divisions as it continues to broaden its business beyond its core aftermarket offerings.
Shell Will Buy BG Group for $70 Billion in Cash and Shares
Royal Dutch Shell agreed to buy BG Group Plc for about $70 billion (47 billion pounds) in cash and shares, the oil and gas industry’s biggest deal in at least a decade.
FedEx Agrees to Buy TNT Express for $4.8 Billion
FedEx Corp. and Netherlands-based TNT Express announced a conditional agreement for the U.S. company to buy the package, freight and logistics operator for $4.8 billion.
April 7, 2015DOE Lowers 2015 Diesel-Price Forecast 3¢ to $2.86
The Department of Energy lowered its 2015 forecast for diesel prices by 3 cents to $2.86 a gallon and said it will average $2.77 for the six months through September.
Con-way Truckload Driver Honored for Helping to Save Kidnapped Woman
Con-way Truckload driver Kevin Kimmel was honored April 3 for helping save a kidnapped woman who had been forced into prostitution.
April 7, 2015