Business
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.
Private Equity Firm Buys Atlanta Carrier
Private equity firm Navigation Capital Partners said Monday it has acquired James Brown Contracting and subsidiaries Brown Trucking Co. and JBT Brokerage.
May 12, 2008Best Trucking Management Software Buyer’s Guide
For growing carriers, choosing the right Trucking Management Software (TMS) is vital for the efficiency and growth of your transportation business. As we move into 2024, it's crucial to understand the key features and considerations that make a TMS solution stand out, and which ones play to your unique operation.
UPS Freight Improves Transit Times from Southeast
UPS Freight said Monday it has reduced transit times on nearly 1,000 traffic lanes originating in Southwest and Southeast metropolitan areas to points across the United States.
May 12, 2008Calif. Says Mack, VTNA, Cummins Engines Meet NOx Standard, Exempt From Idling Rule
The California Air Resources Board has confirmed to Transport Topics that Mack Trucks Inc., Cummins Inc. and Volvo Trucks North America have received certification that their heavy-duty engines meet California’s nitrogen oxide emission standards, providing users an exemption from the state’s five-minute idling regulation.
May 12, 2008President Bush Declares ‘National Transportation Week’
President Bush declared this week as “National Transportation Week” and Saturday to be “National Defense Transportation Day,” the White House said Friday.
May 12, 2008Mexico Seeks Nafta Damages
Mexico’s principal trucking group said its members have lost more than $2 billion a year because the United States has refused to allow cross-border trucking as required by the 1993 North American Free Trade Agreement and that it is seeking damages through arbitration.
May 12, 2008ATA Unveils Sustainability Plan; Backs Truck Fuel-Use Standard
American Trucking Associations launched a major initiative to meet the industry’s growing fuel-price crisis, supporting for the first time national truck fuel-economy standards.
May 12, 2008Component Manufacturers Expand Overseas
Major suppliers of drivetrain components, brakes and suspension parts are following the lead of truck and engine makers by expanding production and distribution outside North America, while revamping existing operations to lower costs and develop new products.
May 12, 2008Diesel Price Slips 2.8¢ to $4.149
The average price of retail diesel slipped 2.8 cents last week from its all-time record — the first decline in four weeks — as the Department of Energy released a prediction that prices would remain above $4 a gallon for the foreseeable future.
May 12, 2008Oil Closes Week Near $126 a Barrel
Oil futures jumped for a fifth straight day Friday, shooting past $126 a barrel for the first time and closing the week near that level on the New York Mercantile Exchange, the Associated Press reported.
May 9, 2008ATA Unveils Sustainability Initiative for Trucking Industry
American Trucking Associations and a group of trucking companies Thursday launched a program of initiatives to move the trucking industry toward a more sustainable future, which includes steps to reduce carbon dioxide emissions from heavy trucks.
May 8, 2008