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.
Gasoline Declines 5¢ in Two Weeks to $3.38, Lundberg Survey Says
Gasoline’s national average price declined 5 cents in the past two weeks to an average $3.38 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
November 21, 2011Concerns About Onboard Devices Persist
Although many motor carriers have readily embraced onboard computers and electronic onboard recorders — largely because they provide easy communication between trucks and company terminals — they have some concerns about the devices, fleet managers and industry observers said.
November 21, 2011NavStar Secures $2.4 Million to Develop GPS Tracking, Hire Employees
Nascent electronic onboard recorder maker NavStar Technologies announced it has secured $2.4 million in funding from an unidentified investment group in Southern California.
November 21, 2011PeopleNet, ALK, Paragon Unveil Software Upgrades
PeopleNet Communications, ALK Technologies and Paragon Software said they have upgraded their trucking navigation software.
November 21, 2011C.H. Robinson, Pilot Flying J Debut Phone Apps
C.H. Robinson Worldwide and Pilot Flying J said they have unveiled new phone apps to aid truck drivers.
November 21, 2011Opinion: Managing Cargo Security
Cargo theft is on the rise, and, thanks to various reporting groups, we carriers, shippers and consignees are now able to track theft patterns and take steps to reduce our chances of being involved in such incidents.
November 21, 2011October Truck Sales Skyrocket
Heavy-duty truck sales in the United States skyrocketed in October, doubling from the corresponding month last year, and with a 174.2% sales gain by Navistar Inc. leading to the industry’s greatest single-month volume since January 2007.
November 21, 2011Onboard Computers Are Gaining Acceptance Among Truck Drivers After Initial Skepticism
Onboard computers, which many drivers and fleet managers greeted with much skepticism when they were introduced, have become a popular in-cab device, according to several users.
November 21, 2011TIA, NITL Close to Finishing Revision of Model Broker-Shipper Agreement
ATLANTA — The Transportation Intermediaries Association and the National Industrial Transportation League are nearing completion on a revised model agreement between brokers and shippers that is designed to serve as a model contract for freight transactions, TIA’s president said.
November 21, 2011U.S. Xpress, CRST Outline Expanded Services
ATLANTA — Large truckload carriers U.S. Xpress Enterprises and CRST International last week said they are expanding their team-driver service offerings to tap the refrigerated truckload market for produce shipments.
November 21, 2011