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, Safety

Hands-Free Devices Can Be Dangerously Distracting, AAA Report Shows

According to a new study by AAA, hands-free devices can be dangerously distracting to drivers and can result in drivers not seeing items right in front of them.

June 18, 2013
Business, Technology

GPS Analysis Yields Real-Time Forecasts

Advances in traffic avoidance routing technology are made possible by two things: the vast amounts of data being collected and the complex algorithms that transform the growing mountains of raw data into useable information.

June 18, 2013
Business, Technology

iTECH: ‘I See Traffic In Your Future’ Software Predicts Congestion Location and Severity

The balance of power has shifted in trucking’s battle against traffic, with the advent of software that can predict the location and severity of congestion problems.

June 17, 2013
Business

DAT May Freight Index Slips Year-Over-Year, Improves from April

TransCore’s DAT North American Freight Index for May declined from the same month last year, which had been a record high month, but rose from April, the company said Monday.

June 17, 2013
Business

Volvo’s North American Truck Deliveries Fall 10% in May

Volvo AB’s North American truck deliveries declined 10% in May from a year ago, the company said Monday.

June 17, 2013
Business

Northwest Ports Plan Diesel-Emissions Reductions

Three Northwest ports said they plan to reduce their diesel emissions by 75% per ton of cargo by 2015 as part of an updated Northwest Ports Clean Air Strategy.

June 17, 2013
Business, Fuel

Oil Rises to Nine-Month High, Over $98 a Barrel

Oil rose to more than $98 a barrel Monday, a nine-month high, on speculation that widening Middle East unrest may disrupt supplies, Bloomberg News reported.

June 17, 2013
Business

New York Manufacturing Index Rises to Three-Month High

Manufacturing activity in the New York region rose to a three-month high in June, the Federal Reserve Bank of New York said Monday.

June 17, 2013
Business

Truck Sales Decline 14.2% in Ninth Consecutive Drop

U.S. retail heavy-duty truck sales declined 14.2% in May, marking the ninth straight month of year-over-year contraction, according to WardsAuto.com.

June 17, 2013
Business

Supreme Court Overturns Port of L.A.’s Truck Rules

The U.S. Supreme Court unanimously ruled last week that portions of the Port of Los Angeles clean truck plan violate federal preemption law and cannot be enforced.

June 17, 2013