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

Out-of-Service Rate for Brake Violations Lowest in More Than 15 Years

The out-of-service rate for brake-related violations dropped to 13.5%  from 15.3% last year, the lowest rate of OOS brake violations in more than 15 years, the Commercial Vehicle Safety Alliance announced last week.

Eric Miller | Senior Reporter
November 7, 2013
Business, Technology

ATA Announces New Speakers to Technology Summit

American Trucking Associations has added featured speakers to the Executive Summit on Technology-Driven Performance, Analytics and Answers, the federation said in a Nov. 7 announcement.

November 7, 2013
Business, Technology

XRS Reports Fourth-Quarter Profit

XRS Corp. reported a profit for its fiscal fourth quarter compared with a loss a year ago.

November 7, 2013
Business

Jobless Claims Decline by 9,000 for Week

Jobless claims declined by 9,000 for the week ended Nov. 2, Bloomberg News reported.

November 7, 2013
Government, Business

OOIDA Asks Supreme Court to Review Decision on Cross-Border Trucking Program

The Owner-Operator Independent Drivers Association has asked the U.S. Supreme Court to review an appeals court decision upholding the Federal Motor Carrier Safety Administration’s authority to operate a cross-border pilot program allowing Mexican drivers to operate throughout the United States.

Eric Miller | Senior Reporter
November 7, 2013
Business

Cass Freight Index Declines in October

The Cass Freight Index, which measures shipment activity in trucking and other transport modes, declined 2% in October from a year ago. Expenditures increased 0.8% from 2012.

November 6, 2013
Business

October Class 8 Orders Rise 13%

New Class 8 truck orders rose 13% in October to 26,300, the highest level in nearly two years, according to preliminary data from ACT Research.

November 6, 2013
Business, Fuel

TA and Shell to Open LNG Fueling Centers in First Half of 2014

TravelCenters of America and Shell plan to open the first five LNG fueling centers in the United States in the first half of 2014, Thomas O’Brien, CEO of TA, said Nov. 4.

November 6, 2013
Business, Equipment

Delphi’s 3Q Profits Rise

Vehicle components maker Delphi Automotive PLC said its third-quarter profit increased on higher sales.

November 6, 2013
Business

LEI Index Rises in September

An index of leading economic indicators rose in September from an increase the previous month, the New York-based Conference Board said Nov. 6.

November 6, 2013