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, Equipment

Cummins Sets Goal of 500 Engines a Day at Jamestown Plant

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 the goal of hitting 500 engines a day, most of them ISX15s.

Jonathan S. Reiskin | Associate News Editor
August 11, 2014
Government, Business

Obama Signs Trust Fund Rescue into Law

President Barack Obama on Aug. 8 signed into law a $10.8 billion bill that keeps a federal highway account funded through May 2015.

Eugene Mulero | Senior Reporter
August 11, 2014
Business, Safety, Government, Technology, Equipment, Logistics

Roadrunner to Acquire Logistics Firm Active Aero

Roadrunner Transportation Systems Inc. said it agreed to acquire the logistics company Active Aero Group from Aero's parent company, Platinum Equity for $115 million.

August 11, 2014
Business, Fuel

Consumers Support Increased Fuel Economy in Heavy-Duty Trucks, Study Finds

Almost three quarters of American consumers support requiring truck manufacturers to raise the fuel economy of heavy-duty trucks, according to a recent report.

August 11, 2014
Business, Technology

Omnitracs Debuts Workforce Tracking App

A new smart phone application from Omnitracs allows companies to track drivers’ movements, helping employees be “safer and more productive,” according to the technology company.

August 11, 2014
Business

US Gasoline Price Falls to $3.52 a Gallon in Survey

The average price for regular gasoline at U.S. pumps dropped 5.89 cents to $3.52 in the past two weeks, according to Lundberg Survey Inc.

August 11, 2014
Business, Technology

The Advantages of Computer-Based Training

Driving simulators, behind-the-wheel training and classroom instruction have their place, but one limitation is that they all depend on the driver’s ability to be present for the training. Internet-based training can be accessed anywhere at any time.    

Bruce Lilly | Special to Transport Topics
August 11, 2014
Business, Technology

Getting the Most From Simulator Training

The ultimate goal of all training is sustained improvement in driver performance. “I advise people that training is only the first step,” said Yves Provencher, director of Performance Innovation Transport, in Pointe-Claire, Quebec.

Bruce Lilly | Special to Transport Topics
August 11, 2014
Business, Technology

Driver Training Technology Creates Virtual Reality

Taking trucks out on icy roads to practice avoiding accidents is entirely impractical. Fortunately, there is another option — driving simulators.    

August 11, 2014
Business, Technology

Dimensioning Systems Add Efficiency to LTLs

Call it “automatic dimensioning,” “cubing” or “electronic measuring,” — all three are terms for technology that some believe could revolutionize less-than-truckload trucking.

August 11, 2014