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

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

Best Carrier TMS Software in 2024: How to Choose

Transitioning from basic load board tools or spreadsheets to an advanced, integrated Transportation Management System (TMS) is a critical step for mid-sized truckload carriers aiming to scale effectively and sustain long-term competitiveness.

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
Business

FMCSA Near Goal for Pilot Program Inspections

The Federal Motor Carrier Administration said it is near the number of inspections needed to evaluate the safety of its Mexican border pilot program, but it remains far below the target number of carriers.

November 18, 2013
Business

Volvo Unveils I-Shift for Mexican Market

GUADALAJARA, Mexico — Volvo Trucks announced that one of its largest Mexican fleet customers has become the first in this nation to begin using its I-Shift automated manual transmission.

November 18, 2013
Business

Truck-Crash Deaths Rise

Fatalities from accidents involving large trucks in the United States increased by 3.7% in 2012, rising to 3,921 people from 3,781 the year before, the National Highway Traffic Safety Administration reported.

November 18, 2013