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, Technology

PeopleNet, Trinium Partner to Integrate Products

PeopleNet has partnered with Trinium Technologies to integrate PeopleNet’s communications system with Trinium's software, PeopleNet said.

November 8, 2010

Truckbase Business Overview, Features, Reviews 2024

Truckbase has emerged as the next-generation truck dispatch software leader with its suite of easy-to-use tools for truckload carriers.

Business

TravelCenters Reports Third-Quarter Profit

Truck stop chain TravelCenters of America Monday reported a third-quarter profit, compared with a loss a year ago, citing an improved margin in fuel price per gallon.

November 8, 2010
Business, Fuel

Oil Hits Two-Year High Near $87 a Barrel

Oil prices are at a two-year high near $87 a barrel after jumping more than $5 last week, Bloomberg reported.

November 8, 2010
Business, Equipment

Manufacturers Raise Truck Tire Prices

North American truck tire manufacturers have imposed a new round of price increases, generally about 8%, citing higher raw material costs that coincided with greater tire sales and some reports of tire shortages.

November 8, 2010
Editorial, Government, Business

A Bipartisan Infrastructure Plan

The voters have spoken, and analysts and pundits are busily trying to explain the shifts in the political landscape that will result from the overwhelming Republican victory.   But one immediate potential gain that emerged from the cacophony of chatter in the wake of the election is a chance to move transportation and infrastructure improvement programs along quickly.

November 8, 2010
Business

Wal-Mart’s Vow to Buy More Local Produce Won’t Affect Supply Chain, Experts Say

Wal-Mart Stores Inc.’s vow to double sales of locally grown produce by 2015 should win favor with U.S. consumers but won’t have much effect on the world’s largest retailer’s supply chain, experts said.

November 8, 2010
Business

Navistar Shows Off Alabama Plant Producing Heavy-Duty Engines

HUNTSVILLE, Ala. — Navistar Inc. opened its new heavy-duty engine plant to journalists last week, showing where 114 employees are currently churning out 125 13-liter MaxxForce power plants a day.

November 8, 2010
Business

Officials Want Security Review After Air Cargo Explosives Scare

The recent discovery of explosives in overseas packages is triggering a fresh look at cargo scrutiny measures that could involve truckers and airlines, government officials and experts said.

November 8, 2010
Business

Mack Seeks to Increase Sales of Over-the-Road Class 8 Trucks

LEHIGH VALLEY, Pa. — Mack Trucks’ leadership rallied the company’s sales force here, urging dealers to sell more Pinnacle highway tractors in addition to the traditional vocational offerings. The formula for success, the leaders said, would be new ClearTech SCR engines, M-Drive transmissions and a “Made in the USA” appeal to economic patriotism.

November 8, 2010
Business

Teamsters Approve Plan to Extend YRC Pay Cuts

Teamsters union employees at YRC Worldwide Inc. approved by a wide margin a third round of wage and pension concessions to buoy the less-than-truckload carrier’s financial future, by providing a $350 million annual cost reduction.

November 8, 2010