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.
Calif. Court Finalizes Port of L.A. Ruling
A California court issued a permanent injunction against several provisions at the Port of Los Angeles that had been opposed by the trucking industry as part of the port’s clean trucks plan.
August 27, 2013Diesel Rises for Second Week, Up 1.3¢ to $3.913; Gas Gains for First Time in Five Weeks
Diesel rose for a second straight week, gaining 1.3 cents to $3.913 a gallon, while gasoline increased for the first time in five weeks, the Department of Energy reported.
August 27, 2013Xtra Lease Adds Free Tracking to Long-Term Leased Trailers
Xtra Lease said Tuesday it will provide free basic trailer-tracking service to fleets on new long-term leased trailers, including refrigerated units.
August 27, 2013Consumer Confidence Improves in August
Consumer confidence rose in August, the New York-based Conference Board said Tuesday.
August 27, 2013Walmart Transportation’s Gary Harms Named 2013 Truck Driving National Grand Champion
Gary Harms, a Walmart Transportation driver based in Olathe, Kan., was named the 2013 Bendix National Truck Driving Championships Grand Champion at the annual NTDC competition held last week in Salt Lake City.
August 27, 2013Drivewyze Raises $7.5 Million to Expand Weigh Station Bypass System
Trucking technology firm Drivewyze said it has raised $7.5 million to expand its weigh station bypass system.
August 27, 2013Volvo’s UD Trucks Launches Quester Heavy-Duty Truck Brand for Emerging Markets
UD Trucks, part of the Volvo Group, said Monday it has introduced a new heavy-duty truck brand called Quester, developed specifically for emerging growth markets.
August 26, 2013Durable Goods Orders Drop 7.3% in July
Durable goods orders declined 7.3% in July following three increases, the Commerce Department said Monday.
August 26, 2013Gasoline Falls 4¢ to $3.56, Lundberg Survey Says
Gasoline’s national average price fell 4 cents in the past two weeks to $3.56 a gallon, according to the latest Lundberg Survey of filling stations.
August 26, 2013iTECH: Fleets Increase Payments With Warranty Software Rich
When Asif Rizvi, vice president of maintenance at Crete Carrier Corp., switched to a warranty software management program last year, he not only cut his time to file a claim to a day and a half from several weeks, but he also increased the amount of warranty payments he was able to capture. Now, he expects to see payments increase 80% to 85% in the current fiscal year.
August 26, 2013