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.

Perspective, Business, Safety, Government

Opinion: CSA Data Too Flawed to Be Made Public

The Federal Motor Carrier Safety Administration enforcement mechanism dubbed Compliance, Safety, Accountability has been the topic of much discussion and controversy since its launch in 2010.

August 26, 2013
Editorial, Business

Editorial: The Economy Beats On

It appears that the death of the nation’s economic recovery has been greatly exaggerated, at least up until now.

August 26, 2013
Business

U.S. Class 8 Fleet Up 2.7%

The total U.S. heavy-duty truck fleet grew by 2.7% to 3.59 million vehicles in the second quarter compared with the same period a year ago, the highest rate of growth since mid-2007, R.L. Polk & Co. reported.

August 26, 2013
Business, Technology

PeopleNet to Combine Software Offerings to Present a ‘Precision Mobility Platform’

SAN ANTONIO — PeopleNet Communications Corp. unveiled what it said will be the next steps in the evolution of its mobile technology and fleet-management software, including support for 4G wireless service, cloud-based data processing and a greater role for predictive analytics.

August 26, 2013
Business

Truckers Make Sacrifices to Participate in NTDC

SALT LAKE CITY — For the hundreds of men and women skillfully navigating big rigs here last week in the National Truck Driving Championships, the chance was not without a great deal of sacrifice.

August 26, 2013
Business

U.S. Halts Mexico Border Scheme of Hiding Drugs in Truck Axles

Motor carriers received a stark reminder earlier this month that cross-border trucking presents special challenges when U.S. prosecutors announced the arrest of 19 members of Mexican drug organizations who allegedly transported drugs in PVC pipes concealed inside tractor-trailer axles.

August 26, 2013
Business, Fuel

Diesel Average Inches Higher; Gasoline Declines for 4th Week

U.S. retail diesel prices changed direction last week, gaining 0.4 cent a gallon to reach a national average of $3.90 after declining 1.9 cents over the previous two weeks, the Department of Energy reported.

August 26, 2013
Business, Technology

Qualcomm Sells Trucking Tech Segment for $800 Million

Wireless technology firm Qualcomm Inc. said it has sold its transportation and logistics business, Omnitracs, to Vista Equity Partners for $800 million.

August 23, 2013
Business

PennDOT Adds Weight Restrictions to 1,000 Bridges

Pennsylvania Department of Transportation Secretary Barry Schoch said he has authorized his agency to increase weight restriction to about 1,000 structurally deficient bridges in the commonwealth.

August 23, 2013
Business

New Home Sales Drop 13.4% in July

New home sales fell 13.4% in July the Commerce Department reported Friday.

August 23, 2013