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.

Business, Logistics

Schneider Raises Van Truckload Driver Pay

Schneider has raised van truckload driver pay by 8-13% in mileage and bonus pay, after increases for tanker and dedicated account drivers.

October 8, 2014

Best Trucking Management Software Buyer’s Guide

For growing carriers, choosing the right Trucking Management Software (TMS) is vital for the efficiency and growth of your transportation business. As we move into 2024, it's crucial to understand the key features and considerations that make a TMS solution stand out, and which ones play to your unique operation.

Business

UPS Expands Backup Package Drop-Off Service

UPS Inc. said it is expanding its backup package drop-off service, Access Point, to all major U.S. metropolitan areas by 2015.

October 8, 2014
Business

Shift Freight Appoints New President

Less-than-truckload carrier Shift Freight said it has appointed Joe Bartone president of the Santa Fe Springs, California-based firm.

October 8, 2014
Business

Holiday Sales Seen Rising 4.1% on Employment Gains

U.S. retail sales this holiday season may rise the most in three years as the improving employment picture gives more shoppers the means to splurge on gifts, the National Retail Federation said.

October 7, 2014
Business

UPS Buys i-parcel to Add Web Capabilities

UPS Inc. said it has purchased i-parcel to enhance management of fast-growing Internet purchases on an international basis.

October 7, 2014
Government, Business, Fuel

OOIDA Asks Court to Review Calif. GHG Truck Regs

The Owner-Operator Independent Drivers Association has asked an appeals court to review a U.S. Environmental Protection Agency waiver allowing California regulators to proceed with enforcement of the state’s strict greenhouse gas-emissions reduction rule for heavy-duty trucks based or doing business in California.

Eric Miller | Senior Reporter
October 7, 2014
Business, Fuel

DOE Lowers 4Q Diesel-Price Forecast to $3.68

Diesel’s fourth-quarter national average pump price will fall to $3.68 per gallon, the Department of Energy said Oct. 7, lowering its most recent forecast by 6 cents.

Michael G. Malloy | Web Editor
October 7, 2014
Business

TransForce Extends Deadline for Contrans Purchase to Oct. 31

TransForce Inc. and Contrans Group Inc. said they have extended the expiration date for TransForce to acquire Contrans’ shares until Oct. 31.

Michael G. Malloy | Web Editor
October 7, 2014
Business, Fuel

Clean Energy to Open Three Nat-Gas Stations as Dillon Transport Converts Fleet

Clean Energy said it expects to open three public natural-gas stations as Dillon Transport continues to convert its fleet to natural gas-powered trucks.

October 7, 2014
Business, Equipment

Cummins Westport Appoints New President

Cummins Westport Inc. said it has promoted Rob Neitzke to president from general manager of the construction segment of Cummins’ off-highway engine business.

October 7, 2014