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

Andrews Logistics Names President

Logistics firm Andrews Logistics has named Brian Jarvis its president, it said Monday.

February 28, 2011

Daily Briefings from Transport Topics

Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.

Letters to the Editor, Business, Government, Safety, Logistics

Letters: Border Negotiations; Wrong Again, FMCSA

No one knows the Canada-U.S. border and the difficulties even the most trusted individuals and companies have had crossing it in the “security trumps trade” post-9/11 world than truckers. It’s not surprising, then, that truckers welcome the announcement from U.S. President Barack Obama and Canadian Prime Minister Stephen Harper that the two countries are embarking upon negotiations aimed at improved cooperation and coordination at the border.

February 28, 2011
Editorial, Business, Fuel, Government

Middle East Unrest and Fuel Prices

Just as the U.S. economy seems to be growing some serious muscle, international events are threatening to intervene in what has become a period of steady business improvement.

February 28, 2011
Business

Driver Pay Hikes Expected in Second Quarter as Freight Demand Grows, Expert Says

CORAL GABLES, Fla. — More truck drivers will be receiving pay increases in the second quarter as fleets’ prospects improve and driver supply tightens, a compensation expert told an industry conference.

February 28, 2011
Business

Trailer Registrations Rise 42% Over Weak 2009, Report Finds

The number of new commercial trailers registered in the United States in 2010 reached 105,471, a 42% increase from the previous dismal year, R.L. Polk & Co. reported.

February 28, 2011
Business

Parts Makers Scramble to Meet Rising Demand

The increase in Class 8 truck demand that began late last year has some component makers scrambling to meet the sudden surge, and one analyst warned the supply problem could get worse if orders grow as expected.

February 28, 2011
Business

January Truck Tonnage Surges 8%

Truck tonnage surged 8% in January from a year earlier, helped by continued growth in the manufacturing sector, pushing American Trucking Associations’ tonnage index to its highest level since January 2008.

February 28, 2011
Business, Equipment

U.S. Class 8 Fleet Decline Ends as New Sales Rise, Polk Says

The U.S. Class 8 truck fleet appears to have halted a lengthy decline, according to new registration data for the last quarter of 2010, and fleet executives, truck dealers and analysts all said vehicle sales should continue to rise.

February 28, 2011
Business, Equipment

Tough Times Lead More Fleets to Retreads

The retread business is booming at Snider Tire Inc. — so much so that the Greensboro, N.C., company is building a sixth plant to fulfill its half-million yearly orders for Michelin retreads.

February 28, 2011
Business, Logistics

Supreme Court Orders New Review of CSX Challenge to Alabama Fuel Tax

The U.S. Supreme Court last week directed a lower court to reconsider a claim by freight railroad CSX Transportation Inc. that the Alabama fuel tax it pays is discriminatory because truckers are exempt from the same tax.

February 28, 2011