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

Used-Truck Registrations Surge 10% as Fleets Replace Oldest Equipment

Registrations of used heavy-duty trucks increased 10% in the first half of 2013 from a year earlier as fleets replaced their oldest vehicles, R.L. Polk & Co. reported.

September 9, 2013
Business

California Asks EPA for Enforcement Approval of State’s Truck Greenhouse-Gas Regulation

California environmental regulators have asked the Environmental Protection Agency to grant the state permission to begin enforcing provisions of its heavy-duty greenhouse-gas regulation.

September 9, 2013
Business, Fuel

Diesel Jumps 6.8¢ to $3.981

The average price of U.S. retail diesel last week had its sharpest increase since February, rising 6.8 cents to a five-month high of $3.981 a gallon, the Department of Energy reported.

September 9, 2013
Business

Trucking Jobs Flat in August; Unemployment Rate Falls to 7.3%

The number of trucking jobs in the United States did not change in August from July as the overall unemployment rate decreased to 7.3%, the lowest level since December 2008, the Labor Department said Sept. 6.

September 6, 2013
Business

Cass Freight Index Declines in August

The Cass Freight Index, which measures shipment activity in trucking and other transport modes, declined 0.4% in August from a year ago.

September 6, 2013
Business, Safety, Government, Technology, Equipment

EFS Upgrades Integration with TMW

Payment processing provider Electronic Funds Source said it has upgraded its integration with TMW Systems Inc.’s Innovative transportation management software.

Seth Clevenger | Managing Editor, Features and Multimedia
September 6, 2013
Business, Logistics

Intermodal Traffic Reaches All-Time Monthly Record in August

U.S. intermodal traffic set a record for average weekly volume in August, the Association of American Railroads said Aug. 5.

September 6, 2013
Business, Technology

Shell Launches New Fuel Card for Fleets

Shell Oil Co. said it has launched a new fuel card designed to give fleets more control over purchases.

September 6, 2013
Business, Safety, Equipment, Autonomous

Class 8 Orders Rise 20% in August, ACT Says

Orders for Class 8 trucks increased 20% in August from a year prior and were at their highest level in three months, ACT Research said Sept. 5.

September 5, 2013
Business, Safety, Government

DOT Announces $474 Million in TIGER Grants

The U.S. Department of Transportation will give $474 million in grants to 52 transportation projects in 37 states as part of a competitive grant project, it said Sept. 5.

September 5, 2013