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, 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

Truckbase Business Overview, Features, Reviews 2024

Truckbase has emerged as the next-generation truck dispatch software leader with its suite of easy-to-use tools for truckload carriers.

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
Business, Logistics

Intermodal Rail Volume Rises to Highest Level on Record

The weekly average intermodal rail volume for October rose to the highest level on record, the Association of American Railroads reported.

November 8, 2013
Business

Visteon’s Third-Quarter Profit Rises

Vehicle parts manufacturer Visteon Corp. posted a third-quarter profit and a rise in revenue from the same time last year.

November 8, 2013
Business

Consumer Spending Rises Slightly in September

Consumer spending increased slightly in September as households banked money ahead of the partial government shutdown, the Commerce Department reported Nov.8.

November 8, 2013
Business, Equipment

Cooper Blames Apollo Tyres in Court for Delay in $2.5 Billion Buyout

Cooper Tire and Rubber Co. testified in court it could have expedited its $2.5 billion buyout by Apollo Tyres if it had been allowed to take part in union negotiations, Bloomberg News reported.

November 7, 2013
Business

S.C. Ports to Begin Clean Truck Certification Program

The South Carolina Ports Authority said it will begin a Clean Truck Certification program Jan. 1, requiring trucks to have engines manufactured in 1994 or later.

November 7, 2013