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, Technology

Test Links Vehicles, Roads Through Wireless Devices

The U.S. Department of Transportation last week launched a test to determine if trucks, cars and buses equipped with wireless devices that allow the vehicles and highway infrastructure to “talk” to each other will prevent crashes, and whether such connected vehicle technology should be required on all vehicles.

August 27, 2012

Best Trucking Accounting Software 2024

If you’re simply looking for a bookkeeping tool, you can stop reading here, and look no further than QuickBooks. If you’re embracing the notion that trucking accounting goes far beyond that, or want to have a more expansive trucking accounting system of which QuickBooks is a key part, then read on.

Business

Truck Tonnage Increases 4.1% in July; Experts Predict Slower Growth

Truck tonnage rose 4.1% in July, extending the streak of consecutive year-over-year increases to 32, American Trucking Associations reported last week.

August 27, 2012
Business

Navistar Details SCR Strategy for Regaining Market Share

LISLE, Ill. — Navistar International Corp. executives last week revealed their strategy for introducing a refocused product line with different engine emissions control technology in a bid to recapture market share.

August 27, 2012
Business

U.S. Offers States Millions for Transport Projects

The Obama administration has offered states $472 million in federal funding for use toward any transportation construction that previously had been designated for specific projects.

August 27, 2012
Business

ATA Requests Flexibility on NHTSA Proposal to Require Electronic Stability Control System

The National Highway Traffic Safety Administration should provide more flexibility in its proposed mandate that new heavy trucks be equipped with electronic stability control systems, American Trucking Associations said in comments filed last week.

August 27, 2012
Business

Restricting HOS Exemption Costing Carriers Involved in Oil, Gas Drilling, Executives Say

New regulatory guidance restricting the use of an hours-of-service exemption for some drivers involved in oil and gas drilling operations is increasing operating costs for the affected carriers, executives told federal regulators.

August 27, 2012
Business, Fuel

Diesel Price Tops $4 a Gallon for First Time Since May

The U.S. retail diesel average price rose 6.1 cents to $4.026 a gallon last week, the first time it has risen above $4 since May, the Department of Energy reported last week.

August 27, 2012
Government, Business

DOT Launches New Freight Policy Council

U.S. Transportation Secretary Ray LaHood launched the Freight Policy Council, a group tasked with generating a national freight policy, as called for in the new highway funding law.

Timothy Cama | Staff Reporter
August 24, 2012
Business, Fuel

Oil Holds Over $96 on Isaac Concerns

Oil held over $96 a barrel in early trading Friday as forecasters kept an eye on Tropical Storm Isaac, which is likely to move into the Gulf of Mexico next week as a low-level hurricane, Bloomberg reported.

August 24, 2012
Business

Durable Goods Orders Rise on Higher Transportation Orders

Durable goods orders rose in July but declined excluding transportation orders, the Commerce Department said Friday.

August 24, 2012