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

Ryder Begins New Services for Oil, Gas Industry

Ryder System said it is offering new transportation and logistics management services for the oil and gas industry.

August 19, 2013
Business, Fuel

Oil Drops as Storm Concerns Fade

The price of oil dropped after the National Hurricane Center in Miami said there was no tropical cyclone activity in the Atlantic basin, Bloomberg News reported.

August 19, 2013
Business, Technology

iTECH: Yard Management Systems Enable Carriers to Raise Their Trailer Productivity

Yard-management systems at large manufacturing plants, distribution centers or retailers’ warehouses can benefit the motor carriers serving those facilities by returning trailers to service quickly, improving overall equipment utilization and fleet productivity, users and vendors of yard systems said.

August 19, 2013
Business

Father and Son Are Among 421 Contestants Vying for Honors at National Competition

When Travis Gibson heads to Utah this week to compete in the National Truck Driving Championships, he’ll actually be rooting for one of his rivals to become the event’s Grand Champion: his dad.

August 19, 2013
Business

Navistar Plans Job Cuts of ‘a Few Hundred’ by Sept.

Truck and engine maker Navistar International Corp. said it plans to cut “a few hundred” jobs companywide by early September in a move to reduce costs.

August 19, 2013
Business

Agency to Consider Rest-Break Exemptions for Carriers of Live Animals, Military Cargo

Federal regulators are considering a limited exemption for two narrow categories of truckers from the new federal hours-of-service provision that requires most truck drivers to take a half-hour rest break during long shifts.

August 19, 2013
Perspective, Business

Opinion: New Rules for Moving Freight

Two sets of changes in the way freight is moved in the United States will require fleet operators to take a fresh look at transportation strategy and fleet utilization.

August 19, 2013
Editorial, Business

Editorial: A Truck Driver Tale

Here’s a true story: The editorial office of Transport Topics overlooks a cul-de-sac that leads off a busy commercial street. There is a lot of construction going on in that cul-de-sac and last week one of the trucks delivering ready-mixed concrete broke down.

August 19, 2013
Business

Class 8 Sales Slip in July

Class 8 U.S. retail truck sales declined in July for the 11th straight month in comparison with last year, according to WardsAuto.com. However, the drop was the smallest percentage decline of the 11 months.

August 19, 2013
Business

U.S. Bridge Spending Lags as Repair Needs Dwarf Funds

Despite the nation’s efforts to upgrade its bridges in recent years, a staggering 151,500 are still labeled as deficient, the cure for which is to spend $20.5 billion every year between now and 2028.

August 19, 2013