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.
Ohio Turnpike’s 70-mph Speed Limit Takes Effect
The new 70-mile-per-hour speed limit on the Ohio Turnpike, which the state’s trucking industry opposes, has taken effect, the Associated Press reported.
April 4, 2011Gaines Appointed CFO of YRC Inc.
Phil Gaines was appointed senior vice president and chief financial officer of YRC Inc., the national less-than-truckload operating subsidiary of YRC Worldwide, the company said.
April 4, 2011Hub Group Buys Exel Transportation Services
Logistics and intermodal firm Hub Group has purchased freight broker Exel Transportation Services for about $83 million, it said Monday.
April 4, 2011Utility Trailer Chooses Grote to Supply All-LED Lighting
Utility Trailer Manufacturing Co. is switching to 100% light-emitting diode lighting on all of its refrigerated and dry van trailers and tandem- and tridem-axle flatbeds, the company said March 24.
April 4, 2011Trucking Optimism Grows
LOUISVILLE, Ky. — Activity in the U.S. truck market is accelerating as the nation’s economy grows and manufacturers ramp up production to meet growing demand, several truck maker and supplier officials said.
April 4, 2011Letters: EOBRs and Waiting, Load Securement
To improve our scores with the Federal Motor Carrier Safety Administration’s Compliance, Safety, Accountability program, many of us have worked diligently to put electronic onboard recorders in our trucks.
April 4, 2011Better Days
The 40th edition of the Mid-America Trucking Show was the most joyful trucking event in recent years, as smiling truckers were greeted by even happier equipment suppliers in frigid Louisville, Ky., last week.
April 4, 2011Effects of Federal Regulations on Dealers to Be Focus of ATD’s Annual Meeting
American Truck Dealers said it will focus on how to mitigate the possible negative effects of regulatory and legislative actions during its annual convention April 15-18 in Phoenix.
April 4, 2011Makers Debut Drum, Air Disc Brakes that Meet New Stopping-Distance Rule
LOUISVILLE, Ky. — Reconfigured drum and air disc brakes that meet the new federal stopping-distance rule for commercial vehicles that takes effect in August made their debut here, and one truck maker said air discs will be standard on all its Class 8 trucks.
April 4, 2011Cummins to Remain Profitable Through Technology, Execs Say
LOUISVILLE, Ky. — Executives of Cummins Inc. said that despite the trend by truck manufacturers toward vertical integration of engines and trucks, the sole remaining independent manufacturer of heavy-duty truck engines will be able to offer unique technology and service that will keep their company profitable.
April 4, 2011