Business
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.
YRC Unit Plans More Cuts to Streamline Network
YRC Freight’s proposed operational change, the largest in four years, could shutter 29 terminals and save the company $30 million annually by moving freight through a streamlined network.
March 18, 2013Daimler’s Daum Projects Sales Pickup
NASHVILLE, Tenn. — The CEO of Daimler Trucks North America said he expects North American truck sales to ramp up by the end of 2013, after a slow start to the year.
March 18, 2013Driver Turnover Levels Off as Economy Pauses in 4Q
The long rise in driver turnover paused with the U.S. economy during the fourth quarter, as large fleet churn increased by just two percentage points on a year-over-year basis, American Trucking Associations reported last week.
March 18, 2013Truck Sales Decline 18.6%
The contraction in heavy-duty U.S. retail truck sales worsened in February, with volume falling by 18.6%, the sharpest rate of decline during the current six-month streak of reductions.
March 18, 2013Transports Lead Stock Rise as Indexes Set New Records
Trucking and transportation stock indexes have increased more rapidly over the past six months than those for the broad market, with most of the growth coming since the start of 2013.
March 18, 2013Growing TMC Membership Is New Chairman’s Goal
NASHVILLE, Tenn. — There is a drawing of the cartoon character Yosemite Sam hanging in Kirk Altrichter’s office that says a lot about the man who is the new public face of American Trucking Association’s Technology & Maintenance Council.
March 18, 2013Volvo to Partner With Telogis, Trimble to Offer Fleet Management Technology
NASHVILLE, Tenn. — Volvo Trucks said it will collaborate with telematics providers Telogis and Trimble Navigation Ltd. in a move that could give rise to factory-installed fleet management technology in the heavy-duty truck market.
March 18, 2013FMCSA Urges Truckers to Use Proper GPS, Issues Recommendations for Picking Device
The Federal Motor Carrier Safety Administration launched a campaign last week to warn truck drivers about the dangers of using navigation systems designed for smaller vehicles.
March 18, 2013Cummins, Eaton Unveil Powertrain Package, Say It Provides Up to 6% Better Fuel Economy
NASHVILLE, Tenn. — Engine manufacturer Cummins Inc. and component maker Eaton Corp. unveiled a new powertrain package last week that they said will provide between 3% and 6% better fuel economy than current baseline products for linehaul and regional haul applications.
March 18, 2013Underride Guards Are Improved, But More Work Needed, Study Says
A new round of underride guard tests released last week by an insurance group showed trailer makers have made progress in protecting auto passengers during rear-end crashes, but the group said more needs to be done to enhance safety.
March 18, 2013