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.

Government, Business, Safety

Hazmat Carriers Face Higher Fines

Motor carriers and shippers cited for hazardous materials violations face far greater penalties following the passage of the new federal highway reauthorization law.

Eric Miller | Senior Reporter
August 7, 2012

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, Safety, Government, Autonomous

ATRI Survey Seeks to Gauge Trucking Industry’s Top Concerns

The American Transportation Research Institute has released its annual survey to gauge the trucking industry’s top concerns.

August 7, 2012
Government, Business

Maine Truckers Facing Higher Turnpike Tolls

Truckers on the Maine Turnpike, which includes a stretch of Interstate 95, will pay up to 40% more in tolls beginning in November.

Michele Fuetsch | Staff Reporter
August 7, 2012
Business, Logistics

XPO Reports 2Q Loss, Buys Ontario Logistics Firm

XPO Logistics reported a second-quarter loss and  said it had acquired Canada-based Kelron Logistics for $8 million.

August 7, 2012
Business

TravelCenters’ 2Q Income Rises

TravelCenters of America said Tuesday its second-quarter net income rose from a year ago.

August 7, 2012
Business, Fuel

Diesel Rises for Fifth Week, Up 5.4¢ to $3.85; Gasoline Jumps 13.7¢ to $3.645 a Gallon

Diesel rose 5.4 cents to $3.85 a gallon, its fifth straight gain, while gasoline jumped 13.7 cents to $3.645, its biggest upturn in 17 months, the Department of Energy reported.

August 7, 2012
Business

Quality’s Second-Quarter Income Improves

Tank truck carrier Quality Distribution said its second-quarter profit jumped on acquisitions and growth in its energy logistics business.

August 7, 2012
Business

Ryder Buys U.K.-Based Truck Leasing Company

Ryder System said it has acquired U.K.-based truck leasing company Euroway Group Ltd.

August 6, 2012
Business

Roadrunner Buys Two Refrigerated Carriers

Roadrunner Transportation Systems said it has acquired two Nebraska-based truckload carriers for about $24 million.

August 6, 2012
Business, Technology, Equipment, Safety

UPS Deploys Wearable Scanner System

UPS Inc. said it has deployed a new type of “wearable” scanning system that speeds up loading of packages and delivery of shipping data to customers.

August 6, 2012