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.
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, 2012Opinion: 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, 2012Editorial: 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, 2012September 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, 2012Trailer 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, 2012Carriers 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, 2012Natural 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, 2012UPS 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, 2012Navistar, 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, 2012Texas 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