Business

About 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.

Government, Business

ATA Calls on Members to Press Congress to Back HOS Suspension; DOT Against It

American Trucking Associations President Bill Graves asked federation members on Dec. 8 to tell their elected representatives to approve a provision that suspends parts of an hours-of-service rule when Congress considers a large funding bill this week.

Eugene Mulero | Senior Reporter
December 8, 2014

Best Trucking Accounting Software 2024

If you’re simply looking for a bookkeeping tool, you can stop reading here, and look no further than QuickBooks. If you’re embracing the notion that trucking accounting goes far beyond that, or want to have a more expansive trucking accounting system of which QuickBooks is a key part, then read on.

Business, Fuel

Diesel Dives 7¢ to $3.535 as Oil Continues to Drop

Diesel’s pump price dove 7 cents to $3.535 a gallon, the biggest drop in two years, the Department of Energy reported Dec. 8, as oil plunged to a new five-year low near $63 a barrel.

Michael G. Malloy | Web Editor
December 8, 2014
Government, Business

Pilot Flying J CEO Asks Judge to Dismiss Lawsuit

Pilot Flying J CEO Jimmy Haslam asked a federal judge to dismiss federal lawsuits filed by two trucking companies that have alleged Haslam was at the center of a conspiracy to shortchange them of diesel fuel rebates.

Eric Miller | Senior Reporter
December 8, 2014
Business

Descartes Acquires Two U.K.-Based Customs-Service Firms

Descartes Systems Group said it has acquired two United Kingdom-based providers of customs-management services to shippers and logistics firms.

December 8, 2014
Business

Gasoline Falls to 4-Year Low Amid Crude Slide: Lundberg

The average price of regular gasoline at U.S. pumps slid to the lowest level since Sept. 24, 2010, dropping 12.35 cents in the two weeks ended Dec. 5 to $2.72 a gallon, according to a survey by Lundberg Survey Inc.

December 8, 2014
Business

Remembering Mike Pennington

Longtime trucking industry figure Mike Pennington passed away suddenly on Dec. 5. He was 64.

December 8, 2014
Perspective, Business

Opinion: The Digital Revolution and Driver Recruiting

The driver shortage is not a new issue for the trucking industry. It’s been at the top of the list of challenges facing fleets for years.

December 8, 2014
Editorial, Business

Editorial: Hiring the Veterans

Too often in our ever more polarized world, any announcement is followed by an immediate response from someone denouncing the original position.

December 8, 2014
Business

3Q Registrations of New Trucks Best Since 2006

Registrations of new Class 8 trucks jumped in the third quarter to the highest level in nearly eight years as large firms replenished and expanded their fleets, IHS Automotive reported.

December 8, 2014
Business

ATA Pledges Members Will Hire 100,000 Veterans Over Two Years

American Trucking Associations last week pledged that member companies will hire 100,000 military veterans over the next two years.

December 8, 2014