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.

Editorial, Business, Safety

The Tough Keep Going

“That which does not kill you makes you stronger.” That would have been an appropriate theme for the 2009 American Trucking Associations’ Management Conference & Exhibition.

October 12, 2009
Business

Job Losses in Trucking Slow During September

The U.S. economy lost 263,000 jobs in September, bringing the overall unemployment rate to 9.8%, the highest level since 1983, but the number of job cuts in trucking was less than 5,000 for the third month in a row, the Labor Department said.

October 12, 2009
Government, Business, Safety, Fuel

Fleet Execs See Green in Going Green

LAS VEGAS — Fleet executives said that while going green does provide societal and environmental benefits, the biggest benefit to carriers is that is saves money in fuel and other costs.

October 12, 2009
Government, Business, Safety

Frame’s Motor Freight Shuts After 140 Years in Business

WEST CHESTER, Pa. — When Frame’s Motor Freight needed a driver to take a load in mid-September from suburban Philadelphia to Lancaster, Pa., President Robert Temple walked downstairs from his office, slid behind the wheel of a 2004 Freightliner and made the delivery.

October 12, 2009
Business, Government, Safety

Trucking Set for Recovery

LAS VEGAS — After more than a year of political and economic struggles, trucking leaders said they were doubling down in the hope that the industry would enter a period of strong recovery.

October 12, 2009
Business

Court Upholds $4.61 Million Judgment Against USA Truck Over Commissions

A federal appeals court upheld a $4.61 million jury verdict in favor of a South Carolina freight agent in its legal battle against USA Truck, affirming a lower court finding that the Van Buren, Ark., truckload carrier owed several years of commissions to one of its former agents.

October 12, 2009
Business, Government

Titan Transfer’s Hodges Takes the Helm at ATA Years After Reconsidering Retirement Plans

SHELBYVILLE, Tenn. — The day in 1998 that Tommy Hodges sold Goggin Truck Line should have been one of the best days of his life.

October 12, 2009
Business, Safety, Government

Carriers Must Treat Drivers’ Sleep Apnea, Fatigue, Schneider’s Safety Chief Warns

LAS VEGAS — The safety chief of the nation’s largest truckload fleet said trucking can no longer afford to ignore sleep apnea and fatigue, a disorder that is significantly under-diagnosed and “grossly underreported” in accidents.

October 12, 2009
Government, Business, Safety, Fuel

Ports’ Clean Trucks Goals Will Be Met by 2010, Los Angeles and Long Beach Officials Say

Officials with the ports of Los Angeles and Long Beach said they expect to reach their clean trucks goal of reducing port diesel emissions 80% by the end of 2010 — a year or more ahead of schedule.

October 12, 2009
Government, Business, Safety, Fuel

ATA Leaders Set Policies on HOS, Alternative Fuels

LAS VEGAS — The leadership of American Trucking Associations addressed several policy issues here during the group’s annual conference, ranging from the supporting documents fleets need to provide for hours-of-service compliance to what alternative fuels are used in the nation.

October 12, 2009