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

Diesel Falls From 2-Year High, Dropping 1.3¢ to $3.171 a Gallon

Diesel fell from a two-year high Monday, dipping 1.3 cents to $3.171 a gallon in the wake of lower oil prices, the Department of Energy said Monday.

November 23, 2010

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

October Truck Tonnage Jumps 6%

Truck tonnage jumped 6% in October from a year ago, the 11th straight year-over-year increase, American Trucking Associations said.

November 23, 2010
Business

Opinion: Goodbye Hague, Hello Rotterdam

Here’s a forecast from those of us who write and review numerous transportation contracts: A new international law looms ahead that will be very beneficial to truckers if we strategize to take advantage of it.

November 22, 2010
Business, Equipment

Yokohama Boosting Commercial Tire Prices 6%

Following moves by other tire makers, Yokohama Tire Corp. said Monday it will boost prices of its light- and medium-duty commercial truck and off-road tires by up to 6%, effective Jan. 1.

November 22, 2010
Business, Fuel

Gasoline Gains a Nickel to $2.87 a Gallon

Gasoline’s national average price rose by almost a nickel in the past two weeks to $2.87 a gallon, according to the latest Lundberg Survey of filling stations.

November 22, 2010
Business

Plan Under Way to Renovate 44 Oldest Rest Areas in Ohio

Truckers traveling on Interstate 90 across northern Ohio will find that two rest areas along the highway in the city of Mentor were closed this month.

November 22, 2010
Government, Business

Lakeside International Buys Illinois Dealership

Lakeside International Trucks said it has acquired an International dealership in Rockford, Ill., from Chicago International Trucks dealership group

November 22, 2010
Letters to the Editor, Business

Letters: Sales vs. Orders, Open Letter to FMCSA

I have been following your Class 8 sales data but recently have noticed that you are publishing information on Class 8 orders. The difference is about 2,000 to 3,000 units, and I am curious as to what the definition of sales vs. orders is in your articles.

November 22, 2010
Business, Government

Freight Capacity Will Tighten, Carrier Executives Predict

FORT LAUDERDALE, Fla. — Freight capacity in 2011, especially in trucking, will be constricted by a combination of federal legislative and regulatory policy and recession-related private-sector curbs on investment.

November 22, 2010
Business, Government

Shippers Focus on Pricing, Service for Supply Chains

FORT LAUDERDALE, Fla. — Competitive pricing and reliable service remain in the forefront as shippers optimize their supply chains, executives with three large retail firms said.

November 22, 2010