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, Fuel

Diesel Dips 0.3¢ to $3.838 a Gallon; Gasoline Drops 4.9¢ to $3.577

Diesel declined for a fifth straight week, dipping 0.3 cent to $3.838 a gallon, while gasoline fell by almost a nickel, the Department of Energy reported.

June 25, 2013
Government, Business

Hostess Returns Under New Management

Hostess is back under new management and leaner structure and says it plans to have Twinkies and its other snacks on shelves by July 15, the Associated Press reported.

June 25, 2013
Business

Durable Goods Orders Gain 3.6% in May

Durable goods orders rose 3.6% in May, the Commerce Department said Tuesday.

June 25, 2013
Business

PeopleNet, Motorola Partner on Mobile Fleet Management

PeopleNet Communications Corp. has begun offering its fleet management applications on handheld mobile computers from Motorola Solutions Inc., expanding the lineup of rugged handheld devices compatible with its platform.

June 25, 2013
Business

Teamsters Locals Reject UPS Freight Contract

For the first time, UPS Freight Teamsters have rejected the contract negotiated on their behalf by union leaders, the union announced.

Rip Watson | Special to Transport Topics
June 25, 2013
Business, Technology

Clean Diesel Technologies Used in 28% of U.S. Trucks

More than 28% of all trucks registered in the United States — 2.5 million of 8.6 million trucks — are now equipped with advanced new technology clean diesel engines, according to new data compiled by R.L. Polk and Co. for the Diesel Technology Forum.

June 24, 2013
Government, Business

New York Passes Bill to Define Owner-Operator Classification Status

The New York State Legislature passed a bill late last week to clearly define independent owner-operators in the trucking industry and crack down on employers who use the owner-operator model to avoid giving employees certain benefits.

Timothy Cama | Staff Reporter
June 24, 2013
Government, Business

Congressional Freight Panel Visits FedEx, Memphis Port

A Congressional panel established to identify ways to improve U.S. freight transportation efficiency visited FedEx Corp. facilities and the Port of Memphis, Tenn., late last week, meeting with representatives of the region’s freight transportation community.

June 24, 2013
Business

ATA Names PrePass its Latest Featured Product

American Trucking Associations said it has added HELP Inc.’s PrePass weigh station pre-clearance service to its group of featured products for the trucking industry.

June 24, 2013
Business, Fuel

Supreme Court Leaves 15% EPA’s Ethanol Allowance in Place, Rejecting Challenges

The U.S. Supreme Court left intact Environmental Protection Agency rules allowing higher concentrations of corn-based ethanol in gasoline, rejecting appeals from the grocery, auto and oil industries, Bloomberg News reported Monday.

June 24, 2013