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

Advocates Urge Focus on Longer-Term Bill After Infrastructure Measure Fails in Senate

Transportation advocates said they were not surprised that Senate Republicans blocked President Obama’s $60 billion infrastructure proposal earlier this month, and they see it as an opportunity for Congress to focus on a long-term highway reauthorization bill.

November 14, 2011

Best Trucking Management Software Buyer’s Guide

For growing carriers, choosing the right Trucking Management Software (TMS) is vital for the efficiency and growth of your transportation business. As we move into 2024, it's crucial to understand the key features and considerations that make a TMS solution stand out, and which ones play to your unique operation.

Business

Volvo Transmission Work Moving to U.S. Factory

KOPING, Sweden — The Volvo Group said it is moving ahead with a plan to shift the assembly of its I-shift automated mechanical transmission from its factory here to the United States and Brazil for trucks that its subsidiaries build in North and South America.

November 14, 2011
Business

VW Completes Acquisition of Rival MAN; Seeks to Be Key Player in Global Market

Vehicle manufacturer Volkswagen AG said last week that it completed the purchase of a majority stake of fellow German truck producer MAN SE, opening the way to becoming “a new top player on the global truck market.”

November 14, 2011
Business

Fifteen More Mexican Haulers Seek Authority to Deliver in U.S. Under Pilot Program

Fifteen Mexican trucking companies have applied for operating authority to make deliveries in the United States under the cross-border pilot program, the Federal Motor Carrier Safety Administration said last week.

November 14, 2011
Business

House Bill on Tax Breaks for Natural Gas Gains Supporters for Senate Version

Truckers who purchase vehicles powered by natural gas could reap federal tax credits of up to $64,000 a truck under a bill already introduced in the U.S. House of Representatives and expected to be introduced soon in the Senate.

November 14, 2011
Business

YRC Net Loss Jumps 26%; CEO Welch Cites ‘Progress’

YRC Worldwide Inc.’s third-quarter operating loss jumped 26% to $23.7 million from $18.8 million a year earlier because of higher expenses.

November 14, 2011
Business, Fuel

Diesel Declines for First Time in Three Weeks

U.S. retail diesel prices slipped 0.5 cent to $3.887 a gallon last week, the Department of Energy reported, halting a string of three weekly increases.

November 14, 2011
Business

TTNews.com Closed Friday for Veterans Day

Transport Topics Online will be closed Friday for the Veterans Day holiday. Please check back on Monday, Nov. 14, for the latest trucking and freight transportation news.

November 10, 2011
Business, Logistics

Intermodal Traffic Rises 3.5% for Week

U.S. intermodal traffic rose 3.5% for the week ended Saturday from a year ago, the Association of American Railroads reported.

November 10, 2011
Business, Fuel, Government

Calif. Group Files Suit Over Trucking Greenhouse-Gas Rules

A California group representing businesses has filed a federal lawsuit challenging the federal government’s greenhouse emissions regulations for medium- and heavy-duty trucks.

November 10, 2011