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, Technology

Technology’s Effect on Trucking Industry is Theme of ATA Executive Summit in Dallas

Fleet executives are scheduled to gather next month to examine how current and future technologies can transform the trucking industry.

November 18, 2013
Business

FMCSA Near Goal for Pilot Program Inspections

The Federal Motor Carrier Administration said it is near the number of inspections needed to evaluate the safety of its Mexican border pilot program, but it remains far below the target number of carriers.

November 18, 2013
Business

Volvo Unveils I-Shift for Mexican Market

GUADALAJARA, Mexico — Volvo Trucks announced that one of its largest Mexican fleet customers has become the first in this nation to begin using its I-Shift automated manual transmission.

November 18, 2013
Business

Truck-Crash Deaths Rise

Fatalities from accidents involving large trucks in the United States increased by 3.7% in 2012, rising to 3,921 people from 3,781 the year before, the National Highway Traffic Safety Administration reported.

November 18, 2013
Business

Heartland Acquires Gordon for $300 Mln. to Expand West

Heartland Express Inc. last week said it has acquired Gordon Trucking Inc. for $300 million, a move that expands its presence in the western United States.

November 18, 2013
Business

Oct. Truck Sales Up 15.6% for 2nd Monthly Increase

U.S. Class 8 truck sales grew in October for the second consecutive month following 12 monthly declines, WardsAuto.com reported.

November 18, 2013
Business

Amazon, Postal Service Set Deal to Start Sunday Package Deliveries

Online sales giant Amazon.com said it has crafted a deal that has the U.S. Postal Service delivering its packages on Sundays in a few areas, a move the company said would speed shipments and help the retailer compete for customers who might otherwise go to brick-and-mortar stores.

November 18, 2013
Business

YRC Reports $44 Mln. Loss, Awaits Word on Labor Talks

YRC Worldwide Inc. last week reported a $44.4 million loss in the third quarter as the less-than-truckload carrier awaited word on a request for formal labor talks aimed at cementing future cost cuts.

November 18, 2013
Business

DTNA Sees Gains in Mexico Despite ‘Difficult’ Conditions

GUADALAJARA, Mexico — The new head of Daimler Trucks North America’s operations in Mexico got his baptism under fire on Nov. 12 as he opened the first press conference of the nation’s largest truck show here.

November 18, 2013
Business, Fuel, Government

Diesel Avg. Falls 2.5¢ to $3.832

The average price of diesel fuel continued its gradual decline last week, dropping 2.5 cents to $3.832 a gallon, the lowest price in more than four months, the U.S. Department of Energy reported.

November 18, 2013