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

S.C. Port Truckers Must Register in Clean Truck Program by Dec. 31

Truckers doing business in South Carolina's ports have until Dec. 31 to register for the South Carolina Ports Authority’s Clean Truck Certification Program.

Scott Gutierrez | Staff Reporter
December 17, 2013
Business

Paccar to Name Armstrong CEO; Pigott Remains Chairman

Truck and engine maker Paccar Inc. announced that company President Ronald Armstrong will succeed Mark Pigott as CEO on April 27.

Seth Clevenger | Managing Editor, Features and Multimedia
December 16, 2013
Government, Business

Most Drivers Support Speed Limiters for Trucks, NHTSA Says

A majority of all drivers support mandating speed-limiting devices on trucks, according to the latest National Highway Traffic Safety Administration survey on driver attitudes and behavior.

Scott Gutierrez | Staff Reporter
December 16, 2013
Government, Business

ATA Seeks Study on Sleeper Berth HOS Rules

American Trucking Associations and the Minnesota Trucking Association are asking the federal government to do a pilot project to study whether greater flexibility in hours-of service-rules for truck drivers who use sleeper berths would affect highway safety.

Michele Fuetsch | Staff Reporter
December 16, 2013
Business

Wreaths Across America Delivers 143,000 Wreaths to Arlington Cemetery

Truck drivers helped honor veterans Dec. 14 by taking part in an annual tradition of laying Christmas wreaths at the headstones of fallen U.S. soldiers at Arlington National Cemetery.

December 16, 2013
Business

Industrial Production Increases 1.1% in November

Industrial production rose by 1.1% in November, the most in a year, after a 0.1% increase the month before, the Federal Reserve reported Dec. 16.

December 16, 2013
Business

Most Carriers Predict Volume, Rate Increases in 2014, TCP Says

Most trucking companies are expecting that their volumes will increase and they will be able to raise their rates in 2014, Transport Capital Partners said.

December 16, 2013
Business

3Q Productivity Revised Up to 3%

U.S. workers’ productivity rose at a 3% annual rate in the third quarter, up from a previously estimated 1.9%, the Labor Department reported.

December 16, 2013
Business, Logistics

Radiant Logistics Announces Stock Sale

Radiant Logistics Inc. announced the sale of $20 million worth of preferred stock, with the intent of paying off a balance owed for senior subordinated notes.

December 16, 2013
Business

United Road Services Buys Waggoners’ Auto Division

Auto hauler United Road Services said it has acquired the car-hauling division of Waggoners Trucking, a move United Road said would nearly double its capacity.

December 16, 2013