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

Oil Rises for Third Day; Holds Near 7-Month Low

Oil prices rose for a third day in early trading Monday on forecasts of higher U.S. economic growth, but held near a seven-month low under $92 a barrel, Bloomberg reported.

May 29, 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

Volvo Debuts Remote System of Diagnostics

Volvo Trucks North America has introduced a remote diagnostics aftermarket service that is intended to mitigate downtime for heavy trucks.

May 29, 2012
Business

FedEx Express Years Ahead of Making ‘Green’ Fleet Goal

FedEx Express said it is “years ahead of schedule” in its goal of making its fleet 20% more fuel efficient by 2020.

May 29, 2012
Letters to the Editor, Business

Letters: Natural Gas, Safety Compliance

I propose a very simple solution: Whenever a driver has driven 10 hours and is within a two-hour drive of his terminal, that rule should be suspended.

May 28, 2012
Perspective, Business

Opinion: The Job of Last Resort

We often see mission statements referring to “corporate culture.” The question I always have to ask myself is, “What do they mean by that?”

May 28, 2012
Editorial, Business

Editorial: Time to Fix CSA

At ATA’s leadership conference last week, we issued a statement pointing out what we see as the increasingly inflexible stance taken by FMCSA in regard to a number of outstanding issues and by some counterproductive steps the agency has taken as it fleshes out the CSA program.

May 28, 2012
Business, Logistics

April Trailer Orders Rise 12% After 3 Straight Monthly Drops

Trailer orders staged a comeback last month after three straight monthly declines, climbing 12% above both the year-earlier month and March, as fleets stepped up the pace of replacing older equipment, ACT Research reported.

May 28, 2012
Business, Government, Safety, Autonomous

Too Few Mexican Fleets in Pilot Program, FMCSA Official Says; Warns of Tariffs

ALEXANDRIA, Va. — Low participation by Mexican carriers in the cross-border trucking program could lead to the resumption of Mexican tariffs on U.S. goods, an official with the Federal Motor Carrier Safety Administration said.

May 28, 2012
Business, Fuel

Trucking Companies Profit From Selling Used Oil, Turning Problem Waste Into a Revenue Stream

Not long ago, getting rid of used oil was a problem for fleets. These days, for some fleets used oil is now a profit center.

May 28, 2012
Business

Slow Freight Growth Continues as April Tonnage Rises 3.5%

Truck tonnage rose 3.5% in April over year-ago levels, American Trucking Associations reported, continuing a pattern of modest increases that mirror the overall U.S. economy.

May 28, 2012