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.
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, 2011EDI for Trucking: Everything You Need to Know
Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.
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, 2011U.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, 2011Tough 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, 2011Supreme 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, 2011Truck-Stop Operators’ Prospects Brighten as Economy Strengthens, Officials Say
LAKE BUENA VISTA, Fla. — Truck stop operators can expect to benefit from a stronger freight market, new parts-and-service opportunities and diversification of their business, industry officials said.
February 28, 2011Diesel Price Rises 3.9¢ to $3.573 a Gallon
U.S. retail diesel prices continued to climb last week, rising 3.9 cents a gallon to $3.573, the Department of Energy reported, as crude oil topped $100 a barrel for the first time since October 2008.
February 28, 2011Intermodal Traffic Grows 16.9% for Week
Intermodal traffic rose 16.9% last week from a year ago, the Association of American Railroads reported.
February 25, 2011TransForce Reports Higher 4Q Earnings
TransForce Inc., Canada's largest trucking company, said Friday it had a forth-quarter profit of C$35.6 million on higher revenue from its package delivery and specialized service segments, Reuters reported.
February 25, 2011Consumer Confidence Hits 3-Year High
Consumer confidence rose to a three-year high in February, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
February 25, 2011