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.
Universal Truckload Expects 1Q Profit to Decline
Universal Truckload Services Inc. said it expects its first-quarter earnings to be in the range of 23 to 27 cents per share, down from 38 cents a share in the same quarter last year.
March 25, 2014EVO Trillium Building CNG Station at Central Freight Lines Terminal
Compressed natural gas provider EVO Trillium said it has broken ground on a CNG fueling station at a Central Freight Lines Inc. terminal in Fort Worth, Texas.
March 25, 2014Rand McNally Adds Drivewyze Bypass Service to Devices
Rand McNally said it has reached an agreement to integrate Drivewyze Inc.’s PreClear weigh station bypass service with its onboard fleet management devices.
March 25, 2014North American Class 8 Sales to Rise, ACT Says
COLUMBUS, Ind. — Higher productivity and profits in the trucking industry will help boost production and sales in North America this year and in the following several years, according to ACT Research Co.
McLeod to Integrate ALK Maps and PC Miler Web Services
ALK Technologies Inc. announced that its ALK Maps and PC Miler Web Services will be integrated with McLeod Software Inc.’s Load Master dispatch software and PowerBroker system for freight brokers.
March 25, 2014Spireon Introduces First Automated Detention Optimization System
Asset-tracking provider Spireon Inc. announced the release of the first automated detention optimization system for the trucking industry.
March 25, 2014Sales of New Homes Fall to Five-Month Low
Purchases of new homes in the United States fell in February to the lowest level in five months, a sign the industry may take time to pick up after inclement weather damped demand earlier in the year.
March 25, 2014Home Prices in 20 US Cities Rose 13.2% in Year to January
Residential real estate prices climbed at a slower pace in the year through January than a month earlier, indicating momentum in the housing market may be cooling.
March 25, 2014Thermo King Unveils Precedent S-700 and X430P Compressor at Mid-America
Thermo King, a manufacturer of transport temperature-control systems, will unveil the Precedent S-700 and X430P Compressor at the Mid-America Trucking Show this week in Louisville, Ky.
March 25, 2014Vusion Enhances Fuel Monitoring System
Vusion, a division of PeopleNet Communications Inc., has launched MPG Analytics Dashboard, providing enhancements to its fuel-monitoring systems to better track driver and truck performance on the road.
March 25, 2014