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

Intermodal Freight Up 4.7%; Total Shipments Top 4 Million

The growth of intermodal traffic accelerated in the third quarter, rising 4.7% to 4.01 million shipments, powered by a combination of improved domestic and international freight trends, the Intermodal Association of North America reported last week.

November 11, 2013

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, Logistics

Logistics Companies Growing Larger, Spurred by New Capital, Innovation

Logistics companies are undergoing a remarkable transformation, according to industry executives.

November 11, 2013
Business

YRC Asks Union for More Cuts To Satisfy Lenders’ Demands

YRC Worldwide Inc. last week pressed the Teamsters for more cost cuts to placate its lenders and sought formal negotiations with the union to extend the existing contract that is set to expire in early 2015.

November 11, 2013
Business

Class 8 Orders Surge in Oct. to Highest in Almost 2 Years

New Class 8 orders jumped to the highest level in nearly two years in October as they rose 13% above the same month in 2012, ACT Research reported.

November 11, 2013
Business, Safety, Government, Technology, Equipment, Autonomous

Safety Systems Shown to Reduce Rollovers, Other Accidents, FMCSA Study Declares

A new study has found trucks using lane-departure warning and roll-stability control systems are less likely to be involved in an accident than those not using the system.

November 11, 2013
Business, Fuel

Diesel Dips 1.3¢ to $3.857

The average price of a gallon of diesel dipped 1.3 cents to a four-month low of $3.857 last week, while gasoline fell to its lowest level of the year, the Department of Energy reported.

November 11, 2013
Business, Safety

NHTSA Soon to Issue 2012 Crash Data, Including Truck-Involved Fatality Figures

The National Highway Traffic Safety Administration said it will soon release data on 2012 truck-involved crashes, as the Federal Motor Carrier Safety Administration issued a further analysis of 2011 statistics.

November 11, 2013
Business

YRC Seeks New Labor Contract Until 2019

YRC Worldwide Inc. has told the Teamsters union it needs a new contract agreement into 2019 in order to have lenders refinance debt that begins to come due next year.

Rip Watson | Special to Transport Topics
November 8, 2013
Business

Trucking Adds 400 Jobs; Unemployment Little Changed at 7.3%

The number of trucking jobs in the United States increased in October from September as the overall unemployment rate was little changed at 7.3%, the Labor Department reported Nov. 8.

November 8, 2013
Business

Clean Energy Reports Third-Quarter Loss as Deliveries Rise

Clean Energy Fuels Corp. reported a third-quarter loss, and its revenue declined while natural-gas deliveries increased 17%.

November 8, 2013