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, Safety

ATA Vice Chairman Urges Law Enforcement to Focus on Driver Behavior

American Trucking Associations Vice Chairman Phil Byrd said Tuesday that law enforcement agencies must do more to focus on the unsafe behavior of drivers, both commercial and noncommercial, in order to achieve safety improvements.

April 23, 2013

Best Trucking Invoicing Software for Growing Carriers

Managing invoices and billing efficiently is crucial for maintaining cash flow and ensuring business growth.

Business

Paccar’s 1Q Profit Declines

Paccar Inc. said Tuesday its first-quarter profit declined from a year ago and its revenue fell, due to slower economic growth.

April 23, 2013
Business, Fuel

Diesel Falls 5.5¢ to $3.887; Price Is Lowest Since August

Diesel fell 5.5 cents to $3.887 a gallon, its lowest price since early August, the Department of Energy said.

April 23, 2013
Business, Logistics

Swift Reports Higher 1Q Profit

Swift Transportation Co. said its first-quarter net income rose to $23.4 million, or 17 cents per share, from $6.2 million, or 4 cents, a year ago.

April 23, 2013
Business

Ryder’s First-Quarter Income Improves

Ryder System’s first-quarter profit rose to $40.8 million, or 79 cents per share, from $34.9 million, or 68 cents, a year ago.

April 23, 2013
Business

New Home Sales Rise 1.6% in March

New home sales rose 1.6% in March, the Commerce Department said Tuesday.

April 23, 2013
Business

Scania’s First-Quarter Profit Drops

Swedish truck maker Scania AB reported its first-quarter profit dropped but orders jumped 31% on European fleet replacements, Bloomberg News reported.

April 23, 2013
Business

ABF, Teamsters Extend Contract Through End of May as Negotiations Continue

ABF Freight System said it has agreed to another extension of its contract with the Teamsters union, through May 31, as labor negotiations continue.

April 22, 2013
Business

ATA, Penske Win SmartWay Challenge Awards

American Trucking Associations said Monday it won the 2013 U.S. Environmental Protection Agency SmartWay Affiliate Challenge Award.

April 22, 2013
Business

Trucking Company Sues Pilot Flying J Over Rebate Program

A Georgia trucking company has filed a class-action lawsuit against Pilot Flying J, claiming it was duped in fuel-rebate program by the national truck stop chain, the Cleveland Plain Dealer reported Monday.

April 22, 2013