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.
Melton Truck Lines Breaks Ground on New Headquarters
Flatbed carrier Melton Truck Lines broke ground on a new 77,000-square-foot corporate headquarters in Tulsa, Okla., that will include full driver amenities, the Tulsa World reported Tuesday.
March 12, 2013Daimler Says Layoffs to Be ‘Significantly Lower’ Than Previously Announced
NASHVILLE, Tenn. — Martin Daum, president of Daimler Trucks North America, said the company’s previously announced layoffs at its production facilities will be “significantly lower” than the 1,300 jobs it had projected earlier this year.
Diesel Drops 4.2¢ to $4.088 in Second Straight Decline; Gas Falls 4.9¢ to $3.71
Diesel and gasoline both fell for a second straight week, with diesel dropping 4.2 cents to $4.088 a gallon and gas down 4.9 cents to $3.71, the Department of Energy reported.
March 11, 2013FMCSA Warns Truckers to Use Truck-Specific GPS
The Federal Motor Carrier Safety Administration has begun distributing cards to truck drivers warning them that using navigation GPS devices meant for smaller vehicles can be dangerous and could lead to trucks hitting low bridges.
Love’s to Buy 50 Freightliner Trucks With CNG Engines
Love’s Travel Stops is buying 50 new Freightliner Cascadia trucks with compressed natural gas engines for its fleet of fuel haulers, Freightliner said Monday.
March 11, 2013XRS Corp. Appoints Reidy President, COO
XRS Corp. said Monday it has appointed Brendan Reidy its president and chief operating officer, effective immediately.
March 11, 2013Cummins, Eaton Unveil Heavy-Duty Powertrain Package
Engine maker Cummins Inc. and component manufacturer Eaton Corp. unveiled a new powertrain package for the North American heavy-duty truck market that they said will boost fuel economy by 3% to 6%.
March 11, 2013Volvo Expands Remote Diagnostics Service
LOUISVILLE, Ky. - Volvo Trucks said it has expanded its remote diagnostics tool as a standard feature on its entire North American product line.
March 11, 2013ATD Names Kenworth T680 Class 8 Truck of Year
Louisville, Ky. - The American Truck Dealers named Kenworth Truck Co.’s T680 the winner of its Class 8 truck of the year Sunday at ATD’s annual conference in Orlando, Fla.
March 11, 2013Gasoline Drops 5.6¢ to $3.74, Lundberg Reports
Gasoline’s average pump price fell 5.6 cents in the past two weeks to $3.74 a gallon, according to the latest Lundberg survey of filling stations released Sunday. Diesel fell 4 cents to $4.13.
March 11, 2013