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.
Graves Says Republican Turmoil Has Weakened Ties to Business
ORLANDO, Fla. — Facing a long list of changes and challenges, the trucking industry must take steps now to ensure its long-term success, starting with evaluating its traditional political allegiances, said Bill Graves, president of American Trucking Associations.
October 28, 2013Fleet Failures Increase in Third Quarter As Costs Rise, Demand Slips, Report Says
ORLANDO, Fla. — Cost pressures, weak rate growth and sluggish freight demand pushed third-quarter trucking fleet failures higher, more than doubling the pace of the year-earlier quarter and topping the full year totals recorded in 2011 and 2012, according to a new analyst report.
October 28, 2013Daimler Chief: Hike Fuel Tax, Repeal Excise Levy
ORLANDO, Fla. — The new head of Daimler Trucks waded right into the U.S. political scene during his inaugural U.S. press conference last week, urging Washington officials to find a way to work together in order to bolster the nation’s economy, and the world’s.
October 28, 2013Obama Selects Former Pentagon Attorney to Lead Department of Homeland Security
President Obama has nominated Jeh Johnson, who was the Department of Defense’s top lawyer, to be secretary of Homeland Security.
October 28, 2013Industry Unveils Campaign to Boost Trucking’s Image
ORLANDO, Fla. — Trucking industry leaders announced the start of a new, collaborative campaign to enhance the image of the entire industry.
October 28, 2013Truck Tonnage Again Sets Record as September Loads Jump 8.4%
U.S. truck tonnage increased 8.4% in September from year-ago levels, setting another record on the strength of increased automotive, housing and oil-and-gas industry loads.
October 28, 2013ATA Votes to Open NTDC To State-Affiliated Fleets
ORLANDO, Fla. — American Trucking Associations’ board of directors voted here to open participation in its annual National Truck Driving Championships to members of state trucking associations who are not ATA members.
October 28, 2013Diesel Average Unchanged at $3.886
The average U.S. retail price for diesel was unchanged at $3.886 a gallon last week, after declining for five straight weeks, the Department of Energy reported Oct. 21.
October 28, 2013Eaton’s Income Rises in 3Q
Vehicle component-maker Eaton Corp. said its third-quarter net income rose to $510 million, or $1.07 a share, from $345 million, or $1.06, a year earlier.
October 25, 2013P.A.M.’s Third-Quarter Profit Improves
P.A.M. Transportation Services said its third-quarter net income more than doubled from a year ago.
October 25, 2013