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

Rush’s 1Q Income Declines

Truck dealership Rush Enterprises’ first-quarter income fell from a year ago as heavy-duty truck sales declined, but its medium- and light-duty sales rose, and parts and body shop revenue reached a quarterly record.

April 24, 2013
Business, Equipment

Accuride Reports 1Q Loss

Accuride Corp. reported a first-quarter loss but said that Class 8 vehicle orders and production are showing signs of improvement.

April 24, 2013
Business, Logistics

Railroads Report Mixed 1Q Earnings

Norfolk Southern Corp. and Canadian Pacific reported their first-quarter profit increased but Canadian National said its profit declined.

April 24, 2013
Business

Durable Goods Orders Fall 5.7%

Durable goods orders fell 5.7% in March, the biggest decline in seven months, the Commerce Department said Wednesday.

April 24, 2013
Business

Teamsters Approve YRC Freight’s Plan to Streamline Network

The Teamsters union and YRC Freight have approved YRC’s plan to streamline its network operations by cutting some terminals and jobs, the two sides said.

April 23, 2013
Government, Business

DOT to Issue $474 Million in TIGER Grants for Innovative Transportation Programs

The U.S. Department of Transportation is making $474 million available for a competitive grant program and is asking for applications from state and local agencies who want to use the money.

April 23, 2013
Government, Business, Safety

NHTSA Pushes to Limit Distractions from Electronics in Cars

The federal government issued guidelines Tuesday to encourage automakers to limit the potential for driver distractions from electronic systems built into passenger cars, including those that connect to cellphones and the Internet.

Timothy Cama | Staff Reporter
April 23, 2013
Business

Truck Tonnage Rises 3.8% in March

Truck tonnage rose 3.8% in March from the same month last year, American Trucking Associations said Tuesday.

April 23, 2013
Business, Fuel

UPS to Buy 700 LNG Tractors, Add Four Nat-Gas Fueling Stations

UPS Inc. said Tuesday it will buy about 700 liquefied natural gas-fueled trucks and build four refueling stations by the end of next year, as it adds to its alternative-fuel fleet.

April 23, 2013
Business, Safety

ATA Vice Chairman Urges Law Enforcement to Focus on Driver Behavior

American Trucking Associations Vice Chairman Phil Byrd said Tuesday that law enforcement agencies must do more to focus on the unsafe behavior of drivers, both commercial and noncommercial, in order to achieve safety improvements.

April 23, 2013