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.
House Republicans Delay Vote on Highway Bill
House Republican leaders Monday delayed voting on a three-month extension of federal highway programs, Bloomberg reported.
March 27, 2012Best Trucking Software 2024
For growing asset-based carriers, ensuring you have the right trucking software is essential for managing fleets, optimizing operations, and winning more higher-paying loads.
Diesel Gains a Half-Cent to $4.147; Gas Gains a Nickel to $3.918
Diesel rose 0.5 cents to $4.147 a gallon, its highest price since the record-setting summer of 2008, while gasoline rose more than a nickel, the Department of Energy reported.
March 27, 2012Wabash National to Purchase Walker Group
Trailer manufacturer Wabash National Corp. said Tuesday it will acquire Walker Group Holdings for $360 million.
March 27, 2012Consumer Confidence Declines
Consumer confidence decreased this month, the New York-based Conference Board said Tuesday.
March 27, 2012FMCSA Sets Changes to Flatbed, Hazmat Regs
The Federal Motor Carrier Safety Administration Tuesday announced a slate of changes to its safety rating system designed to ratchet up enforcement of hazardous materials carriers and mitigate an inspection bias against flatbed haulers.
Navistar Wins Armored Truck Upgrade Work
Navistar Defense LLC said it received a $21 million contract from the U.S. Army for more work connected to a January order to upgrade 2,717 MaxxPro Mine-Resistant Ambush-Protected vehicles.
March 27, 2012Xata Unveils Household Goods Driver Tracker
Xata Corp. has introduced Xata Turnpike Multiple Management Authority, a driver tracking tool for household goods movers.
March 27, 2012Company Develops Technology to Stop Distracted Driving in Trucking
Cellcontrol, a developer of technology aimed at preventing distracted driving, on Monday unveiled a new offering designed for trucking fleets.
March 26, 2012Smith Debuts All-Electric Van That FedEx Express Will Use
Smith Electric Vehicles Corp. has unveiled an all-electric vehicle called the Newton Step Van that will be used by FedEx Express.
March 26, 2012Kiva Systems Sold to Amazon
Amazon.com Inc. has agreed to acquire Kiva Systems Inc., a privately held maker of robotic warehouse systems, for about $775 million in cash.
March 26, 2012