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

Truck Makers Chip Away at Cummins’ Engine Lead

Cummins Inc. maintained leading market share among engine makers in North America during the first half of 2014, but continued to lose ground to truck manufacturers’ proprietary engines, WardsAuto.com said.

August 11, 2014
Perspective, Business

Opinion: Investing in Technology Still a Winning Strategy

In the past several years, fleets of all sizes have invested heavily in technology, with the intent of maintaining or creating a competitive advantage.

August 11, 2014
Editorial, Business

Editorial: Pittsburgh, Here They Come

Over the course of this week, 426 of the nation’s top truckers will converge on Pittsburgh for the National Truck Driving Championships.

August 11, 2014
Business

Inspectors Champion Returns as Judge for 2014 Competition

When would-be champions ask Derek Canard, the Arkansas Highway Police corporal who won the 2013 North American Inspectors Championship, how best to approach the competition, his message is simple.

August 11, 2014
Business

Family Pride Plays Large Role at National Truck Driving Event

When Andy Rynearson of Reedsburg, Wisconsin, climbs into the cab this week to compete at the National Truck Driving Championships in Pittsburgh, he might be thinking about his dad, David, a retired trucker.

August 11, 2014
Business

Truck Orders Hit Record During Normally Slow July

Class 8 truck orders surged 70% year-over-year to 29,900, the highest July on record, ACT Research reported.

August 11, 2014
Business

President Obama Signs Executive Order Helping Employees in Labor Disputes

President Obama signed an executive order last month that requires federal contractors to disclose their labor law violations, a move meant to boost employees’ rights in labor disputes.

August 11, 2014
Business, Technology

Omnitracs CEO Sees Expansion Opportunities Targeting Midsize Fleets, Private Carriers

Since separating from Qualcomm Inc. last year, Omnitracs executives have set out to accelerate the company’s growth by expanding into new segments of the trucking market, the company’s CEO said.

August 11, 2014
Business

European Transport Firm to Buy Jacobson Cos. for $750 Million

European transport and warehouse operator Norbert Dentressangle said it struck a $750 million cash deal to acquire Jacobson Cos., a Des Moines, Iowa-based logistics services provider.

August 11, 2014
Business

FDA Plan Costly, Unnecessary, Agricultural Haulers Caution

A proposed federal rule that would toughen requirements for the transport and handling of food would be costly and is unnecessary, trade groups representing food haulers, farmers and distributors said.

August 11, 2014