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.

Letters to the Editor, Business, Technology

Letter: Mismarked Bridges

This letter is in regard to the Sept. 24 TTNews.com story with the headline “GPS Devices Causing Trucks to Hit Low Overpasses, Sen. Schumer Says.”

October 15, 2012
Perspective, Business

Opinion: A New Future for Trucking

Each year, American Trucking Associations elects a new chairman of the board to lead the organization for a year, and this year, I have been blessed and humbled by this honor.

October 15, 2012
Editorial, Business

Editorial: Viva Las Vegas

Last week’s Management Conference & Exhibition in Las Vegas gave the nation’s trucking industry much food for thought — and action.

October 15, 2012
Business

Navistar Overhauls Lineup of Products and Executives

The extensive overhaul of Navistar’s product and corporate lineup continued last week as top sales executive Jim Hebe retired, more details emerged about new models, and the company agreed to replace three directors to avoid a proxy battle.

October 15, 2012
Business

‘Intense and Energetic’ Michael Card Takes Federation Reins in Las Vegas

CENTRAL POINT, Ore. — After more than a quarter-century of involvement with American Trucking Associations, Michael Card, the eager policy enthusiast from Oregon, is ready to become chairman — and when he takes the top leadership position at the federation, he expects to broaden his list of interests.

October 15, 2012
Business

Trucking Sets New Agenda at ATA’s Annual Meeting

LAS VEGAS — The leaders of the nation’s trucking industry meeting here set their agenda for the next year, led by a drive to continue their efforts to push the federal government to make more changes to the Compliance, Accountability, Safety program.

October 15, 2012
Business

Fleets Must Alter Operations to Attract Younger Drivers

LAS VEGAS — Trucking fleets must accept some blame for the current driver shortage and be willing to adjust their operations in order to attract younger talent, two truckload executives said last week.

October 15, 2012
Business

Industry Group Forms Chassis Pool; Drayage Carrier Buys 1,520 Units

The gradual shift of intermodal equipment control from ocean carriers to truckers advanced last week as an industry group formally created a chassis cooperative and drayage carrier, IMC Companies, purchased 1,520 units for use in an existing pool.

October 15, 2012
Government, Business, Technology, Equipment, Fuel

Oil-Field Specialty Trucks HOS Exemption Should Be Extended to Others, Carriers Say

An hours-of-service waiting time exemption for drivers of “specially constructed” oil-field operations trucks should be extended to include such other oil and gas operations trucks such as those that deliver sand and water, several motor carriers and trade association officials told federal regulators.

October 15, 2012
Business

Class 8 Truck Sales Down 9.1% in September

U.S. truck sales fell 9.1% to 14,491 in September, declining for the first time since December 2009 and ending a streak of 32 consecutive year-over-year increases, WardsAuto.com reported.

October 15, 2012