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.
Tolls to Increase in July on Seven Delaware River Spans
Truckers crossing the Delaware River from New Jersey into Pennsylvania on any of seven tolled bridges upstream of Trenton, N.J., could pay as much as 75 cents more per axle as July 1.
TT Podcasts: RoadSigns
Volvo's Chayene de Souza and Magnus Gustafson discuss how new, connected trucks can boost business, enhance safety practices, and reinforce preventative maintenance plans.
Volvo’s April North American Deliveries More Than Double
Volvo AB’s North American truck deliveries more than doubled in April from a year ago, while worldwide sales heavy-duty sales improved 77% the company said Tuesday.
May 17, 2011Industrial Production Unchanged in April
Industrial production was unchanged in April, reflecting a drop in automobile output, the Federal Reserve said Tuesday.
May 17, 2011April New Housing Starts Drop 10.6%
Housing starts fell 10.6% in April, the Commerce Department said Tuesday.
May 17, 2011Trailer Bridge Reports Bigger First-Quarter Loss
Trailer Bridge Inc.’s first-quarter loss widened to $10.4 million, or 86 cents per share, compared with a loss of $300,00, or 3 cents, a year ago.
May 17, 2011Diesel Fuel Price Drops 4.3¢ to $4.061 a Gallon
Diesel fell 4.3 cents to $4.061 a gallon, its third decline in four weeks and the biggest downturn in almost a year, the Department of Energy reported.
May 17, 2011Grants for On-Road Weigh Scales Suspended
A federal grants program aimed at helping states acquire the technology to speed trucks through weigh stations has been temporarily shut down after the federal agency administering the program learned it had obligated $23 million more in program funding than was authorized by law, according to a new government audit.
Former Roadway CEO Mike Wickham Wins ATA’s S. Earl Dove Award
American Trucking Associations said Monday it has given its highest award to Mike Wickham, former president and CEO of Roadway Corp. and the founding chairman of the American Transportation Research Institute.
May 16, 2011TA Launches Phone App for Android Users
TravelCenters of America, the second-largest U.S. truck-stop chain, said it launched a version of its TruckSmart mobile software for Google Inc.’s Android operating system.
May 16, 2011Marmon Highway Technologies Alters Brake, Wheel End Lines
Manufacturer Marmon Highway Technologies is reorganizing to increase its production brake and wheel end components and systems for heavy-duty tractors and trailers, the Cullman, Ala., company said May 2.
May 16, 2011