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.

Government, Business, Safety, Fuel, Logistics

Pacer To Deploy 300 Clean Trucks

Pacer International announced last week that its subsidiaries will deploy 230 new clean trucks this month to comply with Southern California port regulations.

November 24, 2008

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, Logistics, Government

Existing Home Sales Fall in October

Existing homes sales fell 3.1% in October, while the median price of a home fell 11.3% from the same month last year, the biggest jump on record, the National Association of Realtors said Monday.

November 24, 2008
Government, Business, Logistics

Gas Slips Below $2, Lundberg Says

The national average price of regular gasoline plunged another 33 cents in the two weeks ended Friday, to $1.97 a gallon — the first time it has fallen under $2 in almost three years — according to the latest Lundberg Survey of filling stations released Sunday.

November 24, 2008
Business, Government, Logistics

Crane Worldwide Announces Four Acquisitions

Crane Worldwide Logistics said it has completed four acquisitions expanding its freight management and contract logistics services in Asia, Europe, and Latin America.

November 24, 2008
Business, Government, Safety, Fuel, Equipment

Navistar Set to Use Credits to Meet 2010 EPA Standards

Navistar International Corp. will use federal emission credits to enable its new Class 8 engine to meet 2010 federal emission standards, although the engine could be set up to comply with the regulation without the credits, a Navistar executive said.

November 24, 2008
Business, Safety, Government

Carriers, Shippers Eye Federal Spending to Boost Economy and Fix Infrastructure

FORT LAUDERDALE, Fla. — Shippers, carriers and analysts meeting here agreed that the nation’s contracting economy is hurting freight transportation badly, but said they were hopeful the government would agree to critical transportation infrastructure improvements, financed by higher taxes.

November 24, 2008
Business, Equipment

October Class 8 Sales Rise Slightly, But New Orders Tumble

U.S. Class 8 truck sales rose slightly in October, while the total number of vehicles sold over the first 10 months of 2008 still was 14.4% below 2007’s anemic levels, according to data from WardsAuto.com.

November 24, 2008
Government, Business, Safety

FMCSA Reissues Hours-of-Service Rule

The Federal Motor Carrier Safety Administration last week published its latest version of changes to the 60-year-old regulation governing commercial driver work rules.

November 24, 2008
Fuel, Business, Government

Fuel Prices Continue Steep Slide

The average price of U.S. retail diesel fuel continued to slide last week, falling 13.5 cents a gallon to a 17-month low of $2.809, the Department of Energy reported.

November 24, 2008
Business, Technology, Equipment, Safety

Saia Makes Warning System Standard on New Trucks

Less-than-truckload carrier Saia Inc. said it will make lane departure warning systems standard for all new tractors.

November 21, 2008