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

Oilfield Truckers Have Higher Fatality Rates, N.Y. Times Reports

Truckers who work for oilfield and natural gas companies have higher rates of accidents and fatalities than the trucking industry, due to longer hours and hours-of-service rule exemptions, the New York Times reported Tuesday.

May 15, 2012
Government, Business, Safety, Autonomous

Mass. Bans Daytime Hazmat Trips Through Boston

Trucks carrying hazardous materials will be banned from traveling through Boston during most of the daytime under a policy approved by Massachusetts state officials last week, the Boston Globe reported.

Timothy Cama | Staff Reporter
May 15, 2012
Business, Fuel

Diesel Drops 5.3¢ to Near $4 a Gallon, in Biggest Decline This Year

Diesel took its biggest decline in five months, falling 5.3 cents to $4.004 a gallon, and gasoline fell for a sixth week, the Department of Energy reported.

May 15, 2012
Business

Contrans’ 1Q Income Improves

Canadian carrier Contrans Group’s first-quarter profit rose, in part on acquisitions, the company said.

May 15, 2012
Business

Clarke Swings to 1Q Profit

Canadian holding company Clarke Inc. posted a first-quarter profit, turning around a loss from a year ago.

May 15, 2012
Business

Business Inventories Rise at Slower Pace

Business inventories rose 0.3% in March, the slowest pace in four months, the Commerce Department reported.

May 15, 2012
Business

Retail Sales Rise 0.1% in April

Retail sales rose 0.1% in April, the slowest pace this year, the Commerce Department said Tuesday.

May 15, 2012
Business, Technology

Ryder to Provide Two Services for ColdTech

Truck leasing and logistics company Ryder System has been awarded a contract to provide distribution and last-mile delivery.

May 14, 2012
Business, Fuel

Electric Class 8 Truck Offered for Short Hauls

Balqon Corp., which makes electric-powered heavy-duty trucks, has introduced a new Class 8 tractor for inner city and shorthaul drayage service.

May 14, 2012
Business, Logistics

Schneider, Pacer Sign New Rail Agreements

Schneider National and Pacer International have announced new intermodal agreements with rail carriers.

May 14, 2012