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, Technology

Tech Firms Unveil Products, Upgrades at TMW TransForum

TMW Systems unveiled a series of products enhancements and upgrades at its TMW TransForum 2011, being held this week in Dallas.

Greg Johnson | Staff Reporter
September 20, 2011

Best Trucking Invoicing Software for Growing Carriers

Managing invoices and billing efficiently is crucial for maintaining cash flow and ensuring business growth.

Business

Obama Signs Transportation Funding Extension

President Obama signed a transportation funding extension into law, restoring money to pay 80,000 aviation and construction workers and ensuring highway and transportation funding through early next year, news reports said.

September 20, 2011
Business

Daimler Forecasts Continued Strong Truck Market

Daimler AG expects truck sales to keep growing, even as economies show signs of cooling, as customers order vehicles into next year, Bloomberg reported Monday.

September 19, 2011
Business, Technology

SkyBitz Sells 1,500 More Tracking Units to Ga. Carrier Brown Trucking

SkyBitz Inc. said it has sold 1,500 more of its GLS mobile terminals for tracking trailers to truckload carrier Brown Trucking Co., Lithonia, Ga.

September 19, 2011
Business

YRC Shareholders Approve Restructuring Plan

Shareholders of YRC Worldwide voted to approve a restructuring plan for the less-than-truckload carrier, Bloomberg reported.

September 19, 2011
Business, Technology

Teletrac Offers Interface for TMWSuite

Teletrac Inc. has announced a new mobile data interface for its Fleet Director product that works with TMWSuite software from TMW Systems.

September 19, 2011
Business

Freight Rates Rise Despite Flat Cargo Volumes as Carriers Match Capacity to Shipper Demand

NEW YORK — Motor freight rates remain on the rise, climbing at much as 10%, despite generally stagnant cargo volumes, as carriers focus on pricing and effectively match capacity to demand, six top industry officials said at a recent investment conference.

September 19, 2011
Letters to the Editor, Government, Business, Technology, Equipment

Letters: EOBR Rule, Like/Kind Convoy

This is in reference to the editorial “Fixing the EOBR Rule.” What we need to fix the electronic onboard recorder rule — and many other inane decisions by activist jurists — is a little real-world common sense.

September 19, 2011
Business, Fuel

Shell Sets Campaign to Boost Natural Gas; Plans LNG Plant, Distribution in Canada

Global petroleum provider Shell Oil Co. unveiled a major push to promote natural gas in North American freight transportation, saying that it aims to produce liquefied natural gas suitable for commercial vehicles in a plant near Calgary, Alberta, by 2013.

September 19, 2011
Business

Western Star Eyes Big Gain in its Class 8 Market Share

PORTLAND, Ore. — Western Star, the severe service and specialty subsidiary of Daimler Trucks North America, aims to double its market share in the heavy-duty category over the next three years, according to company officials.

September 19, 2011