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

FedEx Freight’s Logue Urges Improvements in Freight Movement

HOUSTON — FedEx Freight President William Logue stepped beyond his role in less-than-truckload to open the convention of three trade associations here by urging attendees to redouble their efforts to overcome barriers to infrastructure, regulatory and technological barriers that slow domestic and global commerce.

Rip Watson | Special to Transport Topics
November 18, 2013

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.

Government, Business

FHWA Proposes Primary Freight Network Designation

The Federal Highway Administration unveiled Nov. 18 the draft of the nation’s first ever Primary Freight Network — 26,966 centerline miles of roadway deemed most critical to freight movement.

Michele Fuetsch | Staff Reporter
November 18, 2013
Government, Business

HOS Rule Reduced Productivity for Most Truckers, ATRI Says

More than 80% of the carriers surveyed by the American Transportation Research Institute said they’ve suffered a loss in productivity since the new hours-of-service rule went into effect, changing the requirements for the 34-hour restart.

Michele Fuetsch | Staff Reporter
November 18, 2013
Business

Transportation Stock Averages Hit Record Highs

Indexes of trucking and transportation stocks rose to all-time highs Nov. 18, mirroring growth in the S&P 500 and Dow Jones Industrial Average, which also hit record levels.

Seth Clevenger | Managing Editor, Features and Multimedia
November 18, 2013
Business

Celadon Acquires Canadian Carrier Yanke

Celadon Group said it has acquired Canadian carrier N. Yanke Transfer Ltd. Terms were not disclosed.

November 18, 2013
Government, Business

Legislation Would Let States Keep Federal Fuel Taxes

A bill has been introduced in the House and Senate that would dramatically reduce federal diesel and gasoline taxes and let the states keep most revenue from the two levies rather than sending the revenue to the Highway Trust Fund.

Michele Fuetsch | Staff Reporter
November 18, 2013
Business

Alliance Truck Parts Race Car Finishes Second in Nationwide Series

HOMESTEAD, Fla. — The Nationwide Series race car sponsored by Alliance Truck Parts finished the 2013 season in second place, narrowly missing the overall points championship by three points.

Neil Abt | Editorial Director
November 18, 2013
Business

Port of Los Angeles Truck Drivers Declare 36-Hour Work Stoppage

Truck drivers from three companies declared a 36-hour work stoppage Nov. 18 at the Port of Los Angeles, protesting unfair labor practices, according to local reports.

November 18, 2013
Business

Kenan Buys Canada-Based RTL-Westcan

Kenan Advantage Group has purchased RTL-Westcan Group, a bulk carrier that serves northern and western Canada, Kenan said.

November 18, 2013
Business, Technology

Technology’s Effect on Trucking Industry is Theme of ATA Executive Summit in Dallas

Fleet executives are scheduled to gather next month to examine how current and future technologies can transform the trucking industry.

November 18, 2013