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.
Letters: Broker Woes
I’ve read many articles on the proposed increase in bonds. It is clear there is a need to “shake out” the bad guys, but who is going to do that? The bad guys will remain or learn a new scam, and the honest guys will continue to pay more in bond fees and freight rates.
August 8, 2011Best 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.
Panel May Postpone 2012 EOBR Mandate
A plan by federal regulators to issue a final electronic onboard recorder mandate in June 2012 potentially could be delayed because an advisory committee may not be able to resolve technical issues until the end of this year, the chairman of the group said.
August 8, 2011Beware the Next Threat
Just when it seemed that the worst of the mayhem caused by Washington’s bizarre handling of the debt-limit crisis appears to have passed — as Congress broke for its summer recess — enter the latest peculiar chapter.
August 8, 2011CRST Acquires Specialized To Expand Menu of Services
Truckload carrier CRST International has significantly expanded its menu of services with the acquisition of Specialized Transportation Inc., making for the second merger this year of two of the nation’s 100 largest for-hire trucking companies.
August 8, 2011Used Trucks Become Scarce; Prices and Mileage Increase
The scarcity of low-mileage used Class 8 trucks has gotten worse, pushing prices nearly 25% higher than what comparable vehicles cost last year, dealers and market analysts said.
August 8, 2011June Trailer Orders Up 6%
The more than year-long surge in orders for new trailers showed signs of leveling off in June, increasing just 6% from 2010 levels, compared with an overall 65% gain over the first half of 2011, ACT Research Co. said.
August 8, 2011Navistar to Shut Ontario Truck Plant; Chassis Works Also to Close
Navistar Inc. said that it will permanently close its heavy-duty truck manufacturing plant in Chatham, Ontario, which has been mothballed for two years because of a labor dispute.
August 8, 2011Caterpillar to Pay $2.55 Million for Sales of Engines With Improper Emissions Controls
Caterpillar Inc. will pay $2.55 million to the federal and California governments to settle claims it sold engines without proper emissions controls and violated emissions control reporting and engine labeling regulations, the U.S. Environmental Protection Agency said.
August 8, 2011Diesel Price Dips 1.2¢ to $3.937; Crude Oil Plunges Below $87 a Barrel
The national average price of retail diesel dipped 1.2 cents a gallon to $3.937 last week, the fifth time in nine weeks it has declined, the Department of Energy reported.
August 8, 2011Obama Signs Measure Ending FAA Shutdown
President Obama signed legislation Friday ending a two-week partial shutdown of the Federal Aviation Administration, the Associated Press reported.
August 5, 2011