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

Utah Keeps 80-MPH Speed Limit on I-15 Stretches

Two sections of Interstate 15 in southern Utah will remain 80-mph zones permanently, the Associated Press reported, citing state officials.

September 24, 2012

Best Trucking Management Software Buyer’s Guide

For growing carriers, choosing the right Trucking Management Software (TMS) is vital for the efficiency and growth of your transportation business. As we move into 2024, it's crucial to understand the key features and considerations that make a TMS solution stand out, and which ones play to your unique operation.

Perspective, Business

Opinion: A Year of Slowly Driving Forward

Nearly 12 months ago, I proudly accepted the title of chairman of American Trucking Associations, thus beginning one of the most exciting and exhausting years of my professional life, and an experience I’ve been humbled and honored to have.

September 24, 2012
Editorial, Business

Editorial: Improving Drivers’ Lives

The trucking industry took a pause from its busy, round-the-clock pace last week to recognize the essential role that drivers play, not only for their employers but also in the nation’s economy.

September 24, 2012
Business

Class 8 Sales Stay Strong Through August

Retail U.S. sales of new Class 8 trucks totaled 16,497 in August, the 32nd straight month of year-over-year growth, WardsAuto.com reported.

September 24, 2012
Business

Total Trucking Industy Operating Costs Jump 9.3% to $1.706; Fuel, Oil, Wages Remain Largest Expenses

Total operating costs for the trucking industry rose 9.3% in 2011 to an average of $1.706 a mile, the highest cost since the American Transportation Research Institute began tracking the figure in 2008.

September 24, 2012
Business, Logistics

Shippers Turning to Asset-Based Carriers Ahead of Expected Tightening of Capacity

Shippers and carriers are considering putting more freight directly on asset-based carriers — potentially hurting middlemen who do not own trucks — as the supply of vehicles and drivers dwindles.

September 24, 2012
Business, Technology

Service Industry Urges Action to Fight Technician Shortage

PITTSBURGH — Facing the prospect of having to replace tens of thousands of technicians in the coming years, officials from the trucking and fleet maintenance industries have urged companies to work closely with educators as one way to attract new talent.

September 24, 2012
Business

Sales Strength in North America Lifts Daimler, Renschler Says

HANOVER, Germany — The brisk pace of North American truck sales is helping drive the results of the world’s largest commercial vehicles maker, according to its chief executive.

September 24, 2012
Business

90-Day Contract Extension Will Keep Ports Operating

Management and labor negotiators in the East Coast and Gulf Coast contract talks have agreed to a 90-day extension of the pact that was due to expire on Sept. 30, ensuring there will not be a work stoppage during the peak holiday shipping season.

September 24, 2012
Business

No Plans to Acquire Navistar, Volkswagen Officials Say

HANOVER, Germany — The new truck-making powerhouse in Europe headed by Volkswagen AG is unlikely to make a play to acquire U.S.-based Navistar International Corp., according to interviews with company officials and others.

September 24, 2012