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.
UPS Expands Shipment Options to Mexico
UPS Inc. has expanded shipment options to Mexico with a discount door-to-door ground service and expanded preferred less-than container-load expedited ocean freight service.
October 10, 2013EDI for Trucking: Everything You Need to Know
Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.
Knight Transportation Scales Back 3Q Earning Expectations
Citing a weak rate environment and squeezed productivity, Knight Transportation Inc. joined two large truckload carriers in scaling back third-quarter earnings expectations.
Jobless Claims Surge on Government Shutdown, Calif. Backlog
Jobless claims increased by 66,000 for the week ended Oct. 5, due in part to the federal government shutdown and California working through a backlog caused by a switch in computer systems, Bloomberg News reported.
October 10, 2013Comdata Launches Updated Fuel Payment Software
Comdata Corp. has launched an updated version of its FleetAdvance fuel payment software that allows for increased data analysis.
October 10, 2013Kenworth’s T880 Vocation Truck Available to Order
Kenworth’s T880 vocational truck, which made its debut at the Mid-America Truck Show in March, is available to order.
October 10, 2013DOE Lowers Diesel Price Outlook
Diesel fuel will average $3.93 a gallon this year, the Department of Energy said, lowering a previous forecast by 3 cents.
October 10, 2013S&P Downgrades Navistar’s Credit Rating
Standard & Poor’s Rating Services has downgraded Navistar International Corp.’s long-term credit rating, voicing “increased skepticism” toward the truck and engine maker’s efforts to rebuild market share, but two other credit rating firms stood pat with their current assessments.
Columbus Trucking Firm Files Lawsuit Against Pilot Flying J
Trucking company FST Express is the latest to file a lawsuit against Pilot Flying J, saying it lost more than $75,000 in a fuel-rebate scheme, the Cleveland Plain Dealer reported.
October 9, 2013Navistar Says Sept. Classes 6-8 Orders Were Highest Since 2011
Navistar Inc. received about 5,900 orders for Classes 6-8 trucks in September, the highest monthly number since 2011, it said in an Oct. 8 statement.
October 9, 2013AMP Americas Strikes Deal to Convert Two Dairy Fleets to CNG
AMP Americas has struck a deal with two dairy cooperatives to convert their fleets to compressed natural gas-powered trucks.
October 9, 2013