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.
Diesel Drops 5.1¢ to 16-Month Low $3.678; Gasoline Tumbles 9.6¢ to $3.437 a Gallon
Diesel fell for the 11th straight week, dropping 5.1 cents to $3.678 a gallon, a 16-month low, while gasoline dropped almost a dime, the Department of Energy said.
June 26, 2012Best Trucking Invoicing Software for Growing Carriers
Managing invoices and billing efficiently is crucial for maintaining cash flow and ensuring business growth.
Consumer Confidence Falls to Five-Month Low
Consumer confidence fell to a five-month low this month, the New York-based Conference Board said Tuesday.
June 26, 2012Avery Weigh-Tronix Acquires Central Weighing
Avery Weigh-Tronix Ltd. said it has acquired Central Weighing Ltd. to add to its market share in the commercial vehicle scale sector.
June 26, 2012Real-Time Video Sites to Watch Traffic Flow at Colorado Truck Stops in Cooperative Plan
Colorado plans to place 20 video monitors in truck stops around the state that will allow truckers and other travelers to view real-time conditions on the road ahead.
Con-way Freight Sets 6.9% Rate Increase
Con-way Freight said it will raise its less-than-truckload rates 6.9%, effective July 9.
June 25, 2012Virginia E-ZPass Fee Plan Draws Opposition
A plan by the Virginia Department of Transportation to implement a $1 monthly fee for E-ZPass users has drawn public opposition, the Associated Press reported.
June 25, 2012New Home Sales Jump to Two-Year High
New home sales jumped 7.6% in May to a two-year high, the Commerce Department said Monday.
June 25, 2012Ryder Lowers Earnings Forecast
Ryder System lowered its second-quarter and full-year earnings estimates, primarily due to weaker demand for truck rentals.
June 25, 2012Opinion: Creative Retention Solutions: Copy That
The lead story of this publication’s June 18 issue discussed the growing problem of driver turnover and how even small truckload fleets, known for their ability to control turnover by maintaining close driver relationships, are now in need of creative retention solutions as their turnover rate has soared to 71%.
June 25, 2012Editorial: ATA’s Natural Gas Summit
As noted on other pages of this week’s edition of Transport Topics, American Trucking Associations will be conducting the first comprehensive summit on the use of natural gas in trucking.
June 25, 2012