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, Fuel

Ryder Signs Agreements for Heavy-Duty Natural Gas Trucks

Ryder System said Tuesday it sees more demand for heavy-duty natural gas vehicles and that it has secured lease agreements for 87 heavy-duty natural gas trucks.

June 28, 2011

Best 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.

Business

May Truck Tonnage Rises 2.7%

Truck tonnage climbed 2.7% in May from a year ago, the smallest year-over-year gain since February 2010, American Trucking Associations said.

June 28, 2011
Business, Fuel

Diesel Falls 6.2¢ to $3.888 for Eighth Drop in 10 Weeks; Gas Declines 7.8¢ to $3.574

Diesel fell for the eighth week in the past ten, declining 6.2 cents to $3.888 a gallon, the Department of Energy said.

June 28, 2011
Business

EPA Proposes 2012 Renewable Fuel Standard

The U.S. Environmental Protection Agency has called for the production of 1 billion gallons of biomass-based diesel as part of its 2012 national renewable fuel standard, up from 800 million gallons last year.

June 27, 2011
Business

Personal Spending Unchanged in April

Consumer personal spending was unchanged in May, the Commerce Department said Monday.

June 27, 2011
Business, Fuel

Gasoline Continues to Decline, Falling 11¢ to $3.63, Lundberg Survey Says

Gasoline’s national average price continued its downward trend, falling 11 cents in the past two weeks to an average $3.628 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

June 27, 2011
Letters to the Editor, Business

Letters: Brokers, Bonds & Bills; Port Rules; HOS Redux

These dunderheads in Washington, D.C., need a check-up from the neck up. How about mandating minimum rates coming out of the ports so the drayage operators can afford to buy newer trucks without federal funds? That’s a good way to save a few million dollars on the deficit, don’t you think?

June 27, 2011
Editorial, Government, Business

Imagine Improved Infrastructure

Imagine a time when a statewide trucking organization, in order to help its state government pay for necessary improvements to roads and bridges, supports a proposal that the state float a bond issue to cover the work and volunteers to have its members pay most of the bills for the work through a jump in the diesel fuel tax.

June 27, 2011
Business, Logistics

Pennsylvania Increases Trailer Width Limit on Two Roads

The Pennsylvania Department of Transportation has approved two stretches of state highway for use by wider truck trailers.

June 27, 2011
Business

Truckload Driver Turnover Jumps

Driver turnover at larger truckload fleets reached the highest level in nearly three years during the first quarter as higher pay, aggressive recruiting and increased freight demand prompted drivers to find new positions, according to American Trucking Associations.

June 27, 2011