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

Oil Slips From 14-Month High to Near $102

Oil fell from a 14-month high to near $102 a barrel Monday after finishing at more than $103 last week, Bloomberg News reported.

July 8, 2013

Best Trucking Accounting Software 2024

If you’re simply looking for a bookkeeping tool, you can stop reading here, and look no further than QuickBooks. If you’re embracing the notion that trucking accounting goes far beyond that, or want to have a more expansive trucking accounting system of which QuickBooks is a key part, then read on.

Business, Logistics

May Trailer Orders Decline 1%

U.S. orders for new trailers dipped by 1% in May to 14,428 units, the fifth decline in seven months, according to ACT Research Co.

July 8, 2013
Business

Sales of Used Trucks Drop 3.3% in May

Used Class 8 truck sales slipped 3.3% in May from a year earlier, but average pricing held steady, ACT Research reported.

July 8, 2013
Business

Westport Seeks to Push Carriers to Adopt Natural Gas Engines

VANCOUVER, British Columbia — In a number of small buildings scattered around the outskirts of this burgeoning city, a young public company is working away at helping lead the trucking industry to natural gas.

July 8, 2013
Business, Technology

Theft Replaces Terrorism as Geofencing’s Target

Geofencing, the ability to use tracking or communications systems to alert carriers if a truck goes off its specified route, originally was touted for its anti-terrorism potential.

July 8, 2013
Business

Fleets Say Natural Gas Is Cost Competitive in Spite of Large Equipment Premiums

WASHINGTON — From a dollars and cents viewpoint, natural gas is an effective alternative to diesel, early adopters of the fuel insist.

July 8, 2013
Business

Truck Credit Becoming Easier as More Banks Lend, Fleets Say

Obtaining financing for truck purchases is becoming easier, with more banks returning to a market that had been dominated by manufacturers’ finance arms, according to several lenders and fleet executives.

July 8, 2013
Business

Teamsters Approve Deal With ABF, But Several Side Pacts Rejected

Teamsters employees at ABF Freight System approved a new master contract, but additional talks will be required later this month because some side agreements were rejected.

July 8, 2013
Business

ATA to Host Dec. 4-6 Summit in Dallas That Will Focus on Technology, Data Analysis

American Trucking Associations said it will host a summit later this year to focus on how fleets can improve their performance using technology and data analysis.

July 8, 2013
Business, Equipment

Campbell to Depart California Trucking Assn.

Mike Campbell, who has led the California Trucking Association for eight years, will retire from the organization as soon as it picks his successor, the group announced late last month.

July 8, 2013