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

Love’s to Buy 50 Freightliner Trucks With CNG Engines

Love’s Travel Stops is buying 50 new Freightliner Cascadia trucks with compressed natural gas engines for its fleet of fuel haulers, Freightliner said Monday.

March 11, 2013

Best Carrier TMS Software in 2024: How to Choose

Transitioning from basic load board tools or spreadsheets to an advanced, integrated Transportation Management System (TMS) is a critical step for mid-sized truckload carriers aiming to scale effectively and sustain long-term competitiveness.

Business, Technology

XRS Corp. Appoints Reidy President, COO

XRS Corp. said Monday it has appointed Brendan Reidy its president and chief operating officer, effective immediately.

March 11, 2013
Business, Equipment

Cummins, Eaton Unveil Heavy-Duty Powertrain Package

Engine maker Cummins Inc. and component manufacturer Eaton Corp. unveiled a new powertrain package for the North American heavy-duty truck market that they said will boost fuel economy by 3% to 6%.

March 11, 2013
Special Coverage, Business

Volvo Expands Remote Diagnostics Service

LOUISVILLE, Ky. - Volvo Trucks said it has expanded its remote diagnostics tool as a standard feature on its entire North American product line.

March 11, 2013
Special Coverage, Business

ATD Names Kenworth T680 Class 8 Truck of Year

Louisville, Ky. - The American Truck Dealers named Kenworth Truck Co.’s T680 the winner of its Class 8 truck of the year Sunday at ATD’s annual conference in Orlando, Fla.

March 11, 2013
Business, Fuel

Gasoline Drops 5.6¢ to $3.74, Lundberg Reports

Gasoline’s average pump price fell 5.6 cents in the past two weeks to $3.74 a gallon, according to the latest Lundberg survey of filling stations released Sunday. Diesel fell 4 cents to $4.13.

March 11, 2013
Business

Ryder Leases 23 Nat Gas Tractors to La. Company

Ryder System said Eagle Distributing in Louisiana signed a deal to lease 23 compressed natural gas tractors.

March 11, 2013
Perspective, Business

Opinion: Three Areas Where Fleets Could Fail

Interestingly, regardless of company size or type of operation, trucking companies share common failure points — activities or programs they lack that have a negative effect on profitability.

March 11, 2013
Editorial, Business

Editorial: The Shrinking Driver Pool

The word out of the Truckload Carriers Association annual meeting last week is that freight capacity is already beginning to look pinched, even as the number of people applying for driver jobs is falling sharply.

March 11, 2013
Business

February Truck Orders Up 4.2%

Fleets ordered 23,300 Class 8 trucks in North America during February, 4.2% more than they had a year earlier, ending a string of 13 straight year-over-year declines, according to ACT Research.

March 11, 2013