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, Logistics

TNT Express’ 2Q Profit Drops

TNT Express NV, Europe’s second largest post company, said its second-quarter earnings declined to about $5.7 million, from about $37 million a year earlier.

August 2, 2011

Truckbase Business Overview, Features, Reviews 2024

Truckbase has emerged as the next-generation truck dispatch software leader with its suite of easy-to-use tools for truckload carriers.

Business, Technology

iTECH: The Best Lane Boosts the Bottom Line

Many trucking companies are turning to software products — packages that include everything from mapping technology to detailed cost analysis — to help them choose the routes that will most boost their bottom lines.

August 1, 2011
Business, Fuel

TTSI to Purchase 100 Zero-Emission Class 8 Trucks

Vision Industries Corp. has announced that drayage and logistics company Total Transportation Services Inc. intends to purchase 100 of its zero-emission, hydrogen fuel cell-electric Class 8 trucks for about $27 million.

August 1, 2011
Business

Construction Spending Rises for Third Month

Construction spending rose 0.2% in June for a third straight increase, the Commerce Department said Monday.

August 1, 2011
Business, Government

ISM Manufacturing Index Falls to Two-Year Low

U.S. manufacturing activity fell to a two-year low in July, but continued to show expansion for the 24th consecutive month, the Institute for Supply Management said Monday.

August 1, 2011
Business

Texas Truckers Get Two New Electrified Rest Stops

Truckers in Texas now have two more electrified rest stops they can use.

August 1, 2011
Business

Caterpillar to Pay $2.5 Million in Engine Settlement with EPA

Caterpillar Inc. will pay $2.55 million to the federal government and California to settle claims it sold engines without proper emissions controls and violated emission control reporting and engine labeling regulations, the Environmental Protection Agency said.

August 1, 2011
Business, Fuel

Oil Rises From 2-Week Low Following Draft Debt-Ceiling Agreement

Oil rose nearly $2 from a two-week low Monday following signs that U.S. lawmakers were close to an agreement to raise America’s debt ceiling, Bloomberg reported.

August 1, 2011
Business, Technology

Johnson Controls Invests in Odyne Systems

Odyne Systems said Johnson Controls Inc. has made an undisclosed investment in the Waukesha, Wis., maker of modular hybrid power systems for heavy- and medium-duty trucks.

August 1, 2011
Business, Technology

Texas Truckers Have 2 New Electrified Rest Stops

Truckers in Texas now have two more electrified rest stops they can use.

August 1, 2011