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

Brokers’ Margins Decline as Competition Increases

Freight brokers’ truckload profit margins are under growing pressure, which is helping trucking fleets gain some pricing power, industry officials said.

October 21, 2013
Business

Wal-Mart Hits 80% of Fuel-Efficiency Goal With Two Years Remaining, Executive Says

A top executive at Wal-Mart Stores said the company has reached more than 80% of its goal of doubling the fuel efficiency of its transportation fleet by the end of 2015 from a decade earlier.

October 21, 2013
Business

Clean Energy Offers Plan to Cut Nat-Gas Truck Cost

Natural-gas supplier Clean Energy Fuels Corp. said it has reached an agreement with GE Capital to create a financing device that neutralizes the significant cost premium over diesel vehicles.

October 21, 2013
Editorial, Business

Editorial: ATA's MC&E 2013

As the industry gathers for American Trucking Associations’ 2013 Management Conference & Exhibition this week in Orlando, Fla., there is much good to reflect about from the past 12 months, and there are definite reasons to look forward to a brighter 2014.

October 21, 2013
Perspective, Business

Opinion: Many Positive Changes in One Year

As our industry adds more and more safety technology, an increasing number of your trucks have equipment installed that alerts drivers and dispatchers when the vehicle changes lanes.

October 21, 2013
Business

Sept. Truck Sales Up 11.3%

U.S. retail Class 8 truck sales rose in September for the first time in 13 months, gaining 11.3% from a year earlier for a total of 16,125 vehicles, WardsAuto.com reported.

October 21, 2013
Business

Lax Chassis Rule Enforcement Reduces Safety, Truckers Say

Four-year-old intermodal equipment safety rules that were supposed to make chassis safer have failed to accomplish that goal because the Federal Motor Carrier Safety Administration isn’t enforcing the law, according to trucking officials.

October 21, 2013
Business

Trucking to Set 2014 Goals at ATA’s Annual Meeting

Leaders of the trucking industry are gathering this week in Orlando, Fla., at American Trucking Associations’ Management Conference & Exhibition to review a busy past 12 months and to plan for the road ahead.

October 21, 2013
Business, Fuel

53 Pilot Customers Reject Settlement, to Sue for Additional Rebate Damages

Fifty-three out of roughly 7,000 Pilot Flying J customers eligible for a rebate-fraud class-action lawsuit settlement have formally declined to take part, the lead plaintiffs’ attorney said last week.

October 21, 2013
Business, Safety

Used Sleeper Cab Prices Reach Record as Low-Mileage Units Arrive, ATD Says

Retail prices for used Class 8 sleepers have soared to a record high as models with lower mileage begin reaching the market, according to American Truck Dealers.

October 21, 2013