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

Acceptance of AMTs Grows, Makers Say

The hottest trend in heavy-duty truck transmissions — the growing acceptance of automated manual models — not only takes most of the shifting worries out of drivers’ hands but also integrates with other operating systems such as cruise control and engine brakes to make operations safer, easier and more fuel-efficient, according to manufacturers.

March 25, 2013
Business

Obama Again Proposes U.S. Tax Credits to Cut Net Cost of Natural-Gas Trucks

President Obama again proposed federal tax credits for buyers of trucks powered by natural gas, including such a plan in his newest energy initiative on March 15.

March 25, 2013
Business

Truck Production on Pace to Match 2012, But Could Jump Some 15% in ’14, ACT Says

COLUMBUS, Ind. — North American truck production in 2013 is on course to virtually match last year and will spike almost 15% in 2014 on stronger economic growth, ACT Research Co. President Kenny Vieth predicted.

March 25, 2013
Business, Logistics

U.S., Canada Agree to Truck Cargo Test That Could Accelerate Border Crossings

United States and Canadian officials have agreed to launch a pilot program that they say could improve trade by allowing U.S.-bound trucks to be inspected on the Canadian side of the border at two crossing locations.

March 25, 2013
Business

Westport, Clean Energy Venture Bundles LNG System, Fuel Contract

LOUISVILLE, Ky. — Westport Innovations and Clean Energy Fuels Corp. announced a new joint program aimed at further accelerating the adoption of liquefied natural gas vehicles among trucking companies.

March 25, 2013
Business, Technology

Cummins to Reap Fuel Gains From ‘SuperTruck’ Research

LOUISVILLE, Ky. — Engine maker Cummins Inc. said it will introduce some of the fruits of its “SuperTruck” research in its upcoming models that will make them more fuel-efficient.

March 25, 2013
Business

FedEx Profit for 3rd Quarter Tumbles 31% as Customers Pick Slower, Cheaper Service

FedEx Corp.’s fiscal third-quarter profit declined from a year earlier as international airfreight remained weak and customers increasingly selected slower, less expensive services, the company said last week.

March 25, 2013
Business, Fuel

Fuel Slips for Third Week

Retail fuel prices declined for a third consecutive week as the national average for diesel dipped 4.1 cents to $4.047 a gallon, while gasoline slipped 1.4 cents, according to the Department of Energy.

March 25, 2013
Special Coverage, Business, Safety

Origo Rolls Out Ignition Interlock System

LOUISVILLE, Ky. — Origo displayed its new OrigoSafe ignition interlock system at the Mid-America Trucking Show here.

March 22, 2013
Business

Lawmakers Push for HOS Delay

A bipartisan group of lawmakers has asked the federal government to delay enforcement of its latest changes to hours-of-service rules until three months after a federal appeals court rules on a challenge to the rule.

Timothy Cama | Staff Reporter
March 22, 2013