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

Oil Rises from Three-Week Low

Oil rose in early trading Monday after finishing Friday at a three-week low near $88 a barrel, Bloomberg reported.

January 10, 2011

Best Trucking Accounting Software 2024

If you’re simply looking for a bookkeeping tool, you can stop reading here, and look no further than QuickBooks. If you’re embracing the notion that trucking accounting goes far beyond that, or want to have a more expansive trucking accounting system of which QuickBooks is a key part, then read on.

Business, Government

UPS to Open 4 New Distribution Centers to Meet Demand for Health-Care Services

UPS Inc. on Jan. 4 said it is expanding distribution facilities this year in the United States and three other countries to handle growing global demand for outsourced shipments of health-care products such as medicines and supplies.

January 10, 2011
Editorial, Business

Limiting Heavy-Duty Truck Speeds

The National Highway Traffic Safety Administration has finally responded to our request for a federal mandate to limit heavy-duty truck speeds to 68 mph in order to improve safety on the nation’s highways.

January 10, 2011
Business, Fuel, Government, Logistics

LTL Southeastern Freight Lines Opens Logistics Solutions Division

Less-than-truckload carrier Southeastern Freight Lines, Lexington, S.C., opened a new logistics division Jan. 4 to provide shippers with services in dry van, refrigerated and flatbed truckload, expedited delivery, intermodal drayage, brokerage, air freight and distribution.

January 10, 2011
Business, Safety, Government

HOS Proposal Raises Ire on All Sides of Issue

The Federal Motor Carrier Safety Administration’s new proposed hours-of-service rule, which would impose complex restrictions on commercial drivers’ work schedules, was panned by officials on all sides of the issue.

January 10, 2011
Business, Equipment

Truck Auctions Drawing More Buyer Interest as Used Vehicle Prices Rise, Supply Declines

Auctions are getting another look from truck buyers as good used equipment becomes scarce and prices are rising, according to dealers and industry watchers.

January 10, 2011
Business, Equipment

December Class 8 Orders Skyrocket to Over 25,000, Analysts Say

Orders for new Class 8 trucks in North America more than doubled in December from the same month in 2009 and totaled more than 25,000 units, two research organizations reported.

January 10, 2011
Business

Court Extends FMCSA’s Deadline to Issue Rule on HOS Documents

A federal court granted an extension to the Federal Motor Carrier Safety Administration for its overdue regulation on documents truckers use to verify hours-of-service records. The regulation also will expand the mandate for the use of electronic onboard recorders.

January 10, 2011
Business

Fleets Find More Options to Use Intermodal Chassis

More equipment options are unfolding for truckers as they take on additional responsibility for chassis formerly supplied by ocean carriers.

January 10, 2011
Government, Business

U.S. to Weigh Speed Limiters

The National Highway Traffic Safety Administration said it will abide by trucking industry requests and formally consider a proposed rule to require manufacturers to install devices to limit heavy trucks to 68 miles per hour, possibly as soon as 2012.

January 10, 2011