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.
Truck Tonnage Rises 4.3% in April
Truck tonnage rose 4.3% in April from the same month last year, the largest year-over-year gain since January, American Trucking Associations said in its monthly report.
May 22, 2013QuickBooks for Trucking: Connecting QuickBooks to Your TMS
Learn how Truckbase connects QuickBooks for trucking and your TMS to help you marry your trucking-specific data in your TMS with your financial data in QuickBooks.
Oil Drops Following DOE Inventory Report
Oil declined more than $1 to near $95 a barrel following a Department of Energy report that showed crude supplies fell and gasoline stockpiles rose last week.
May 22, 2013Wheels Group’s First-Quarter Loss Narrows
Canadian logistics company Wheels Group said its first-quarter loss narrowed from a year ago.
May 22, 2013Existing Home Sales Rise to Three-Year High
Existing home sales rose 0.6% in April to the highest level in more than three years, the National Association of Realtors said Wednesday.
May 22, 2013FMCSA Waives Trucking HOS Rules for Oklahoma Tornado Relief Efforts
The Federal Motor Carrier Safety Administration has temporarily waived truck driver hours-of-service rules for drivers who are helping recovery efforts from the major tornado that hit near Oklahoma City on Monday.
Carriers Facing Increased Regulatory Scrutiny, Executives Say
INDIANAPOLIS — Motor carriers are not only facing an increasing number of new regulatory initiatives from the U.S. Department of Transportation, but they also have become the target of stepped up enforcement from several other federal agencies, trucking executives and transportation attorneys said.
CARB Hosting Free Classes on Diesel-Regulation Compliance
The California Air Resources Board is hosting free classes on complying with CARB diesel regulations.
May 21, 2013Diesel Rises for Second Week, Up 2.4¢ to $3.89; Gasoline Jumps 7¢ to $3.673
Diesel rose for a second consecutive week, rising 2.4 cents to $3.89 a gallon, while gasoline jumped 7 cents to $3.673, the Department of Energy reported.
May 21, 2013Navistar Hires Bill Kozek to Head Truck and Parts Business
Navistar International Corp. said it has appointed Bill Kozek as president of its North America truck and parts business. He succeeds Jack Allen, who was promoted to Navistar’s chief operating officer last month.
May 21, 2013Tornado Causes Widespread Damage in Oklahoma; Two Interstates Hit
The huge tornado that hit Moore, Okla., on Monday ran over two interstate highways, killed at least 24 people and caused massive damage in the Oklahoma City suburb, news services reported.
May 21, 2013