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.
Cummins Releases Android App for Parts, Fault-Code Information
Engine maker Cummins Inc. said it has released an Android version of its free mobile application that provides engine and parts information and fault-code analysis.
June 12, 2015Wholesale Prices Increase in May as Fuel Costs Climb
Wholesale prices in the United States rose in May as the biggest jump in fuel costs in at least five years swamped muted advances in other categories.
June 12, 2015Cargomatic Names Sean Whiteley COO
Cargomatic, which makes an app for trucking that matches cargo loads to available trucks — in a similar way to the Uber app that matches riders with drivers — has hired Sean Whiteley to be its new chief operating officer.
Most Truck Crashes Occur During Daytime, Data Provider Vigillo Says
A two-year compilation of federal crash data shows that most fatal, injury and tow-away truck-involved crashes occur during daytime hours, peaking from about 6 a.m. to 7 p.m., according to Data-analytics provider Vigillo.
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June 11, 2015Lawmakers Introduce Bill to Gradually Reduce Fuel Tax
Legislation that would gradually reduce the federal gas tax over the next five years to 3.7 cents per gallon was introduced by Rep. Ron DeSantis (R-Fla.) on June 10.
Spot Truckload Rates Rise on Tight Capacity, DAT Reports
Available spot truckload market loads jumped 36% last week while capacity increased just 5.5%, helping to push spot rates higher, DAT Solutions reported.
Goodyear Acknowledges Labeling Miscue
Goodyear Tire & Rubber Co. told the federal government that 79 truck-trailer tires it made in March and April were mislabeled with respect to the number of steel-cord plies.
June 11, 2015Daimler Recalls Some Sterling Trucks for Defective Air Bags
Daimler Trucks North America is recalling some 2008-2009 Sterling model trucks that are equipped with a dual-stage driver frontal air bag that may be susceptible to moisture intrusion that could cause the inflator to rupture, the National Highway Traffic Safety Administration said.
June 11, 2015Missing-in-Action Consumer Returns as Retail Sales Increase
The American consumer, missing in action for much of 2015, showed up in May.
June 11, 2015