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, Government

Rockslide Closes Interstate 40 Near N.C.-Tenn. Border

A weekend rockslide has closed Interstate 40 in western North Carolina near the Tennessee state line, and officials said it could take several months to clear the debris, the Associated Press reported.

October 26, 2009

Infographic: Ryder’s Foundation for a Successful Freight Brokerage

Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.

Business, Government

UPS Freight Sets Faster Service with Western Canada

UPS Freight, the less-than-truckload unit of UPS Inc., said Monday it had improved transit times to from western Canada and U.S. addresses.

October 26, 2009
Business

Caterpillar to Rehire Some Workers as Demand Rises

Heavy equipment and diesel engine maker Caterpillar Inc. said Monday it has begun rehiring some laid-off workers and will offer others separation packages.

October 26, 2009
Business, Safety, Government, Technology, Equipment

N.Y. Seeks to Require Truck-Specific GPS Following Several Collisions With Bridges

New York Gov. David Paterson (D) has proposed requiring truck drivers there to use only Global Positioning System devices that are equipped with truck route information to keep them off restricted roads.

October 26, 2009
Government, Business, Safety

FMCSA Cracks Down on Drug, Alcohol Rule Violators

Safety investigators nabbed 77 commercial driver and 84 companies for failing to comply with federal drug and alcohol regulations, the Department of Transportation announced Friday.

October 26, 2009
Business, Equipment

Aljex Partners With Capital

Aljex Software, Middlesex, N.J., said it has joined forces with Capital Associates to offer factoring and accounts receivable services to users.

October 26, 2009
Fuel, Business, Logistics, Government

Gasoline Jumps 18¢ in Two Weeks, to $2.66 a Gallon

Regular gasoline jumped 18 cents in the past two weeks to a national average $2.66 a gallon, according to the latest Lundberg Survey of fuel prices.

October 26, 2009
Editorial, Business, Government, Safety

Forging a Port Compromise

The settlement that American Trucking Associations negotiated with the Port of Long Beach last week is the kind of compromise that is so difficult to accomplish: Both sides got most of what they wanted.

October 26, 2009
Letters to the Editor, Business, Safety

Letters: Distractions Revisited, ‘Old’ Truck Ban

This is in response to the letter titled “Distracted Driving” in the Oct. 12 issue. It seems everyone with a dog in this fight is cherry-picking the latest data regarding the texting issue.

October 26, 2009
Business, Safety

Navistar Unveils Trucks with ‘American’ EGR

CHICAGO — An executive of Navistar Inc. has moved to separate his company from its mostly foreign-owned truck maker competitors, telling reporters, “We are going to offer customers a distinctive technology for North America” in the company’s 2010 products.

October 26, 2009