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

Transport Topics Top 100 Private Carriers Quiz: See How You Rate

The 2014 Transport Topics Top 100 Private Carriers List is out! Take our quick five-question quiz to see how much you know about the industry. And watch our live streaming broadcast on Wednesday, Aug. 27, at noon EDT, analyzing this year's list.

August 18, 2014
Business

Corporate Fleets Add Capacity With Use of Dedicated Service

The nation’s largest corporate fleet operators are responding to increased demand for freight hauling by lining up more dedicated hauling capacity, expanding in-house truck fleets and, in some cases, outsourcing transportation services.

August 18, 2014
Business, Equipment

Cummins Boosts Plant Spending in Bid to Make 500 Engines Daily

LAKEWOOD, N.Y. — Independent engine maker Cummins Inc. is boosting its annual rate of investment in its 40-year-old Jamestown Engine Plant here by more than 50%, with a goal of building 500 engines a day, most of them ISX15s.

August 18, 2014
Business

Out-of-Service Rate for Vehicles Declines During 2014 Roadcheck, CVSA Reports

The out-of-service rate for vehicles fell to 18.7% during 2014 Roadcheck, down from 20.6% a year earlier, the Commercial Vehicle Safety Alliance said.

August 18, 2014
Business, Fuel

FleetCor Plans $3.45 Bln. Comdata Deal to Add Fuel Card Services for Carriers

Trucking fuel card provider Comdata Inc. has agreed to a $3.45 billion acquisition by FleetCor Technologies Inc., another provider of fuel cards, which intends to expand its North American electronic fleet payment services.

August 18, 2014
Business

Freight Shipments to West Coast Ports Rise as Uncertainty Over Labor Pact Continues

Freight shipments are accelerating through West Coast ports this summer, despite unresolved union contract talks, a new report said.

August 18, 2014
Business

ATA Announces $100,000 Contribution to Bolster Trucking Image Campaign

American Trucking Associations said Aug. 12 it is donating $100,000 to the Trucking Moves America Forward image campaign.

August 18, 2014
Business

More Truckload Carriers Raise Pay in Effort to Reward Drivers

Three large truckload carriers last week announced pay increases, potentially indicating that a trend to increase compensation may be accelerating.

August 18, 2014
Business

Fleets, Shippers Criticize Agency’s Coercion Proposal

Reaction was split over a proposed rule prohibiting the coercion of truck drivers to violate hours-of-service and other safety rules, with many carriers and shippers saying it goes too far, but some advocacy groups expressing concerns it doesn’t go far enough.

August 18, 2014
Business, Equipment

Jamestown is Only Plant in North America Mass Producing Class 8 Nat-Gas Engines

LAKEWOOD, N.Y. — Cummins Inc.’s Jamestown Engine Plant here is the only place in North America that builds a mass production heavy-duty, natural-gas truck engine.

August 18, 2014