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.
Winter Storm Snarls Freight Across Southeastern States
This winter’s wild weather continued last week, as a snow and ice storm paralyzed travel across the Southeast from the Gulf Coast to Virginia, stranding thousands of vehicles on roadways and halting freight movement as well as operations at ports.
February 3, 2014QuickBooks 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.
Trailer Orders Top 230,000 For Third Consecutive Year
New trailer orders in December totaled 29,164, the highest level of 2013, pushing the annual figure above 230,000 for the third consecutive year, ACT Research Co. reported.
February 3, 2014Improved Retreads Help Wide-Base Tire Users Extend Life of Product, Say Fleets, Makers
Wide-base tires, new and retreaded, are providing an extended-mileage benefit for dry-van carrier Bear Trucking Inc., according to a company manager.
February 3, 2014Truck Dealers Need to Educate Regulators to Ensure Fair Rulemakings, ATD Says
NEW ORLEANS — Rather than touting the accomplishments of his two-year stint heading American Truck Dealers, Chairman Dick Witcher used the annual convention to focus on the many industry challenges that remain.
February 3, 2014YRC Teamsters OK Contract; LTL Seeks Financial Package
Members of the Teamsters union employed at YRC Worldwide Inc. approved a contract extension into 2019, moving the carrier toward long-term survival with a continued 15% wage reduction and expected lower debt costs.
February 3, 2014Diesel Average Increases 3.1¢ to $3.904 as Cold Weather Lifts Seasonal Demand
Diesel’s pump price rose for the first time in three weeks, as ongoing blasts of cold weather resulted in increases in the Northeast and Midwest regions that paced the national price hikes.
February 3, 2014FDA Proposes New Standards for Safe Food Transportation
The U.S. Food and Drug Administration on Jan. 31 announced its proposed food safety rule requiring truckers carrying food, as well as the shippers and receivers, to use sanitary practices that ensure food does not become contaminated.
Paccar Increases Profit in 4Q
Paccar Inc. said its profit grew 31.8% in the fourth quarter as European truck demand increased and business improved in its parts and financial services units.
January 31, 2014Saia’s Fourth-Quarter Net Income Grows to $8 Million
Less-than-truckload carrier Saia Inc. said its net income grew to $8 million, or 32 cents a share, in the fourth quarter.
January 31, 2014Manufacturing in Chicago Area Grows at Slower Pace in January
Manufacturing activity in the Chicago area expanded at a slower pace in January, the Institute for Supply Management-Chicago said Jan. 31.
January 31, 2014