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

Tonnage Rises 4.7% in July, Buoyed by Heavier Shipments

U.S. truck tonnage rose 4.7% in July from the year-ago level and remained near a record high, bolstered by heavy freight related to the housing, oil and natural-gas markets.

August 26, 2013
Business

Port Operators, ILA Warn Chassis Owners to Keep Using Union Labor for Repairs

Intermodal truckers could face a new operational threat after a recent warning from port labor and management to leasing companies, the primary owners of chassis, that union workers must continue to fix and repair the equipment.

August 26, 2013
Business

Private Carriers Aim to Meet Corporate Goals With New Trucks, Collaboration, Outsourcing

Shipper-owned fleet operators are buying more fuel-efficient trucks, collaborating with other shippers to better utilize equipment and, in some cases, outsourcing freight hauling to for-hire carriers and third-party logistics companies in response to demands from corporate executives for cost savings, faster service and fewer carbon emissions.

August 26, 2013
Business

Two Senators Propose New Import Fee as Part of U.S. Port Funding Overhaul

Washington state’s two U.S. senators said they plan to introduce a bill next month to overhaul how the country collects and spends money to improve seaport freight infrastructure.

August 26, 2013
Perspective, Business, Safety, Government

Opinion: CSA Data Too Flawed to Be Made Public

The Federal Motor Carrier Safety Administration enforcement mechanism dubbed Compliance, Safety, Accountability has been the topic of much discussion and controversy since its launch in 2010.

August 26, 2013
Editorial, Business

Editorial: The Economy Beats On

It appears that the death of the nation’s economic recovery has been greatly exaggerated, at least up until now.

August 26, 2013
Business

U.S. Class 8 Fleet Up 2.7%

The total U.S. heavy-duty truck fleet grew by 2.7% to 3.59 million vehicles in the second quarter compared with the same period a year ago, the highest rate of growth since mid-2007, R.L. Polk & Co. reported.

August 26, 2013
Business, Technology

PeopleNet to Combine Software Offerings to Present a ‘Precision Mobility Platform’

SAN ANTONIO — PeopleNet Communications Corp. unveiled what it said will be the next steps in the evolution of its mobile technology and fleet-management software, including support for 4G wireless service, cloud-based data processing and a greater role for predictive analytics.

August 26, 2013
Business

Truckers Make Sacrifices to Participate in NTDC

SALT LAKE CITY — For the hundreds of men and women skillfully navigating big rigs here last week in the National Truck Driving Championships, the chance was not without a great deal of sacrifice.

August 26, 2013
Business

U.S. Halts Mexico Border Scheme of Hiding Drugs in Truck Axles

Motor carriers received a stark reminder earlier this month that cross-border trucking presents special challenges when U.S. prosecutors announced the arrest of 19 members of Mexican drug organizations who allegedly transported drugs in PVC pipes concealed inside tractor-trailer axles.

August 26, 2013