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

Freight Volume Rises in August, DAT Report Shows

The latest DAT North American Freight Index report of spot market freight volume showed increases in August from the previous month.

September 23, 2013
Business, Logistics

Jacobson Cos. Wins Loan to Move HQ

Jacobson Cos., a Des Moines, Iowa-based logistics company, received approval for a $250,000 loan from the Iowa Economic Development Authority to move its headquarters to a western Des Moines suburb, the Associated Press reported.

September 23, 2013
Perspective, Business

Opinion: Environmentalists and Trucking

The word “green” today means far more than the color of money. It refers to a set of practices and positions that embrace efforts to reduce mankind’s impact on the earth’s environment.

September 23, 2013
Business, Technology

TMW Announces Partnerships with XRS, MacroPoint

TMW Systems Inc. said its TMWSuite transportation-management software now can work with software systems produced by XRS Corp. and MacroPoint.

September 23, 2013
Business

FedEx Reports 6.5% Profit Gain as Results Improve at All Units

FedEx Corp. last week reported that fiscal first-quarter net income for the period ended Aug. 31 rose 6.5% to $489 million, or $1.54 per share, as results improved in each of the company’s business segments.

September 23, 2013
Business, Government

Motor Carriers, Shippers Honor Drivers During Nationwide Appreciation Week

Carriers, shippers, associations and other trucking-related organizations last week honored the millions of drivers who move goods as part of National Truck Driver Appreciation Week.

September 23, 2013
Business, Equipment, Autonomous

Class 8 Truck Sales Drop 7.3% in 12th Consecutive Downturn

Class 8 truck sales declined 7.3% in August, the 12th consecutive year-over-year downturn, but were about flat from the previous month’s total, WardsAuto.com reported.

September 23, 2013
Business

Feds Scrap Training Rule

The Federal Motor Carrier Safety Administration last week scrapped the driving training standards rule it first proposed in 2007 and also announced that it would initiate a formal rulemaking process on sleep apnea testing and treatment.

September 23, 2013
Fuel, Business, Technology

DTNA Unveils In-Cab Tablet, Communications Package

DETROIT — Daimler Trucks North America announced a pair of significant expansions in its telematics offerings here, unveiling the first factory-installed computer tablet for its trucks and a new communications package to seamlessly provide services over that tablet.

September 23, 2013
Business, Technology

Qualcomm’s $800 Mln. Sale of Omnitracs On Track for Nov. 1 Close, Executive Says

SCOTTSDALE, Ariz. — An executive with Omnitracs Inc. said the planned $800 million sale of the company by Qualcomm Inc. to Vista Equity Partners appears on track to be completed by Nov. 1.

September 23, 2013