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, Fuel

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, 2012

Best Trucking Invoicing Software for Growing Carriers

Managing invoices and billing efficiently is crucial for maintaining cash flow and ensuring business growth.

Business

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, 2012
Business

Avery 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, 2012
Business

Real-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.

Michele Fuetsch | Staff Reporter
June 26, 2012
Business

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, 2012
Government, Business, Technology

Virginia 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, 2012
Business

New 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, 2012
Business

Ryder Lowers Earnings Forecast

Ryder System lowered its second-quarter and full-year earnings estimates, primarily due to weaker demand for truck rentals.

June 25, 2012
Perspective, Business

Opinion: 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, 2012
Editorial, Business, Fuel

Editorial: 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