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

Kenworth Begins Producing T680 Tractor, Completing 4-Year, $400 Million Investment

KIRKLAND, Wash. — Kenworth Truck Co. began production of its T680 at its Chillicothe, Ohio, truck factory late last month, company officials announced here.

June 4, 2012

EDI for Trucking: Everything You Need to Know

Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.

Business, Logistics

Shippers, Fleets Seek Competitive Edge by Tailoring More Services to Customers

When shippers search for the right carrier to transport their goods, price is often just one of their considerations, according to industry experts and trucking executives.

June 4, 2012
Business

Daimler Says New Cascadia Tops 9 MPG in Road Trials

OXON HILL, Md. — Daimler Trucks North America unveiled what will become its primary over-the-road heavy-duty tractor next year and said the new model — named the Cascadia Evolution — will be about 7% more fuel-efficient than its 2010 model.

June 4, 2012
Business, Technology

Distracted Driving a Growing Challenge, Trucking and Technology Leaders Find

PRINCETON, N.J. — As mobile phones with transportation apps become more common in truck cabs, carriers face a growing safety and compliance challenge — making sure that their drivers aren’t using the devices while they’re on the road.

June 4, 2012
Business

Fleets With Stability Controls Favor New NHTSA Mandate

Trucking companies that use stability control systems said they support the federal government’s proposal to mandate electronic stability control for all heavy vehicles, citing their own positive experiences with the systems.

June 4, 2012
Business, Logistics

Fleets Weigh Creating Pool to Run Intermodal Chassis

The Intermodal Motor Carriers Conference, dissatisfied with developments in the freight chassis business, is considering establishment of a trucker-based pool that would be the first of its kind, the conference’s executive director said.

June 4, 2012
Business

Carriers Enhance Pay Plans to Recruit, Retain Drivers

Fleets are exploring every option they can find to sweeten their compensation packages to reward, retain and attract drivers as freight capacity tightens, according to industry officials.

June 4, 2012
Business

Mica Opposes Measure to Curb Highway Privatization Deals

WASHINGTON — House Transportation Committee Chairman John Mica said he opposes a measure to curb the leasing of highways to private investors that is being discussed by the House-Senate conference committee on transportation reauthorization.

June 4, 2012
Business

Group Seeks to Exempt Deaf Drivers From Federal Hearing Requirements

The increased use of technology in truck cabs means that hearing is not as important in commercial driving as it once was, the National Association of the Deaf said in a petition asking that 45 drivers be exempted from federal hearing standards.

June 4, 2012
Business, Fuel

Diesel Down 5.9¢ to $3.897; Fall in Crude Sparks Largest Drop in 5 Months

The national average price for a gallon of retail diesel fell 5.9 cents to $3.897 last week, the seventh straight decline and the largest one-week drop in five months, the Department of Energy reported.

June 4, 2012