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

Eastern Seaboard Braces for Hurricane’s Arrival

The East Coast from the Carolinas through New England was in shutdown mode Monday as Hurricane Sandy, a storm of unprecedented size and strength, approached from the Atlantic Ocean bringing high winds and heavy rain.

October 29, 2012
Perspective, Business, Equipment

Opinion: Lower Your Tire Costs With Proper Inflation

It’s no secret that underinflated tires consume more fuel. Given that the price of diesel is rising more often than falling these days, today’s fleet maintenance managers must check tire pressure more regularly — and then actually do something about the results.

October 29, 2012
Editorial, Government, Business

Editorial: Surviving the ‘Fiscal Cliff’

The “fiscal cliff” lurks as a major potential danger, and not far down the road. The danger is to us all, in the form of higher taxes, spending cuts in vital areas and what a failure to act might mean to the country’s psyche.

October 29, 2012
Business

September Truck Tonnage Rises 2.4%

Truck tonnage in September continued to rise above year-ago levels, but at the slowest pace since December 2009, posting a 2.4% increase that illustrates continued economic weakness, American Trucking Associations reported.

October 29, 2012
Business, Logistics

Trailer Orders Inch Up 1.8%; OEMs Foresee Pickup in Sales

Trailer orders inched up 1.8% in September from a year ago to 16,990, ACT Research reported, and manufacturers said they expect order intake to continue growing in the final months of the year.

October 29, 2012
Business, Logistics

Carriers Seek Lower Maintenance Costs Through Advanced Trailer Design, Products

The makers of aerodynamic add-ons for truck trailers are focused on more than just improving fuel economy. They also must cut down fleets’ maintenance costs so fuel savings are not eaten up in the repair shop, manufacturers and carrier executives have said.

October 29, 2012
Business, Fuel

Natural Gas Summit in Trucking Is Sold Out; ATA Seeks Space for Additional Registrants

American Trucking Associations said its “Natural Gas in Trucking” summit meeting has sold out, and there is a waiting list of 20% beyond capacity for the Nov. 28-30 event in Arlington, Va.

October 29, 2012
Business

UPS Reports Drop in Net Income, But Offers Upbeat Forecast on 4Q

Parcel carrier UPS Inc. said its third-quarter net income fell 56.3% to $469 million from a year earlier due to a one-time charge on pension funding, but its upbeat forecast for the fourth quarter led its stock to jump 3% immediately following the company’s Oct. 23 report.

October 29, 2012
Business

Navistar, Cummins Ink Deal on Engines, SCR Systems

Navistar Inc. has completed a definitive agreement with Cummins Inc. for the engine maker to supply heavy-duty power plants and aftertreatment systems for its International brand trucks.

October 29, 2012
Business

Texas Opens New Highway With 85 MPH Speed Limit

The first highway in the country to boast a speed limit of 85 miles an hour for cars and trucks opened last week in Texas.

October 29, 2012