Business
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.
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.
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.
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, 2012Maine 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.
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, 2012TravelCenters’ 2Q Income Rises
TravelCenters of America said Tuesday its second-quarter net income rose from a year ago.
August 7, 2012Diesel 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, 2012Quality’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, 2012Ryder Buys U.K.-Based Truck Leasing Company
Ryder System said it has acquired U.K.-based truck leasing company Euroway Group Ltd.
August 6, 2012Roadrunner Buys Two Refrigerated Carriers
Roadrunner Transportation Systems said it has acquired two Nebraska-based truckload carriers for about $24 million.
August 6, 2012UPS 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