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 Dips 1.3¢ to $3.62, Lundberg Survey Says
Gasoline’s national average price dropped 1.3 cents in the past two weeks to an average $3.615 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
July 11, 2011Best Trucking Accounting Software 2024
If you’re simply looking for a bookkeeping tool, you can stop reading here, and look no further than QuickBooks. If you’re embracing the notion that trucking accounting goes far beyond that, or want to have a more expansive trucking accounting system of which QuickBooks is a key part, then read on.
June Class 8 Truck Orders Top 20,000 for Eighth Straight Month
Truck manufacturers received more than 20,000 orders for new Class 8 vehicles in June in North America, the eighth consecutive month above that level and 33% higher than June 2010, two market research firms reported.
July 11, 2011Opening the Border
Congratulations to the U.S. Department of Transportation for finalizing the cross-border trucking program with Mexico.
July 11, 2011More Carriers Employing New Technologies as Shippers Demand Real-Time Cargo Tracking
Many carriers are finding it necessary to provide shippers with real-time tracking for their loads if they want to retain valued customers, several trucking and software company executives have said.
July 11, 2011Survey Finds Fewer Technical Problems With 2009 Trucks Than Previous Year
Owners of 2009 Class 8 trucks reported a drop in mechanical and technical problems from the previous year, including problems with engines, usually the largest source of complaints, J.D. Power and Associates said in a report.
July 11, 2011UPS, ABF Raise Rates 6.9%, Heralding Industry Increases
UPS Freight and ABF Freight System, two of the nation’s largest less-than-truckload carriers, recently announced general rate increases of 6.9% each, a move analysts said heralds an industry push to higher rates.
July 11, 2011FMCSA Says It Can Improve Road Safety by Regulating Shippers, Freight Brokers
The Federal Motor Carrier Safety Administration said it wants to extend its regulatory reach over the next five years to include not only trucks and buses but also shippers, brokers and receivers.
July 11, 2011Hair Tests Gain Favor Over Urinalysis in Drug Screens by Larger Carriers
Hair tests, which could keep more drug-abusing drivers off the road, are starting to gain favor among larger carriers though the number using them still are few and far between, experts said.
July 11, 2011U.S., Mexico Set Cross-Border Trucking Agreement
Top transportation officials of the United States and Mexico last week signed an agreement that will allow Mexican trucks to carry freight beyond border commercial trade zones, which will in turn prompt Mexico to remove $2.4 billion in retaliatory tariffs it imposed on U.S. products.
July 11, 2011Mica Proposes Highway Bill That Would Slash Funding
House Transportation Committee Chairman John Mica outlined a six-year, $230 billion transportation reauthorization plan that would sharply cut spending levels on road-related projects.
July 11, 2011