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

FedEx Profit for 3rd Quarter Tumbles 31% as Customers Pick Slower, Cheaper Service

FedEx Corp.’s fiscal third-quarter profit declined from a year earlier as international airfreight remained weak and customers increasingly selected slower, less expensive services, the company said last week.

March 25, 2013

EDI 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.

Business, Fuel

Fuel Slips for Third Week

Retail fuel prices declined for a third consecutive week as the national average for diesel dipped 4.1 cents to $4.047 a gallon, while gasoline slipped 1.4 cents, according to the Department of Energy.

March 25, 2013
Special Coverage, Business, Safety

Origo Rolls Out Ignition Interlock System

LOUISVILLE, Ky. — Origo displayed its new OrigoSafe ignition interlock system at the Mid-America Trucking Show here.

March 22, 2013
Business

Lawmakers Push for HOS Delay

A bipartisan group of lawmakers has asked the federal government to delay enforcement of its latest changes to hours-of-service rules until three months after a federal appeals court rules on a challenge to the rule.

Timothy Cama | Staff Reporter
March 22, 2013
Business

Fuel Economy Dominates MATS as Suppliers Tout Products, Innovations

LOUISVILLE, Ky. — Fuel efficiency was the top theme as the nation’s truck supply community hosted throngs of customers and prospects at the Mid-America Trucking Show here.

March 22, 2013
Special Coverage, Business, Technology

Rand McNally Announces Product Updates at MATS

LOUISVILLE, Ky. — Rand McNally made several product announcements here, including the news that the latest version of its IntelliRoute TND 520 truck GPS device will be available for sale in May.

March 22, 2013
Special Coverage, Business

Fuel Economy Dominates MATS as Suppliers, Manufacturers Tout Products, Innovations

LOUISVILLE, Ky. — Fuel efficiency was the top theme as the nation’s truck supply community hosted throngs of customers and prospects at the Mid-America Trucking Show, which officially opened here on Thursday.

March 22, 2013
Special Coverage, Business

FMCSA Holding to July 1 HOS Date, Ferro Says

LOUISVILLE, Ky. — Despite receiving requests from a bipartisan group of seven lawmakers in transportation oversight roles, the Federal Motor Carrier Safety Administration will not delay the July 1 effective date of the latest changes to its hours-of-service rule, FMCSA Administrator Anne Ferro said here Friday.

Timothy Cama | Staff Reporter
March 22, 2013
Special Coverage, Business

Navistar’s Clarke Sees Opportunity in Challenging Environment

LOUISVILLE, Ky. — The new leader of Navistar International Corp. told his suppliers here that he sees opportunity for truck makers in general, his company included, but they may have to wade through a difficult environment filled with regulatory and operational difficulties and static demand for trucks.

Jonathan S. Reiskin | Associate News Editor
March 22, 2013
Special Coverage, Business

Daimler to Lay Off About 600, Less Than Half Original Estimate

LOUISVILLE, Ky. — Daimler Trucks North America said it plans to lay off about 600 factory workers, less than half the number it initially projected earlier this year.

March 22, 2013