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 to Equip Drivers With Handhelds
YRC Worldwide said last month it will equip more than 10,000 of its city drivers with Intermec CN70e handheld mobile computers beginning in October.
August 6, 2012Opinion: The New ‘Rules of the Road’
The recent $21 million jury verdict against a leading beverage manufacturer whose employee struck a woman pedestrian while driving a company vehicle sent shock waves through the trucking and fleet industries regarding the potential financial consequences of distracted driving.
August 6, 2012Fleets Blast Hazmat Plan
Proposed changes intended to strengthen federal enforcement of fleets that haul hazardous materials would have the unintended effect of damaging the safety ratings of some of the industry’s safest operators.
August 6, 2012Used Truck Prices Decline as More Inventory Appears
Used truck prices declined in June from the previous month, as sales slowed and more inventory became available, according to ACT Research and several dealers.
August 6, 2012NTDC: 425 of the Nation’s Most Accomplished Truckers Vie to Become Grand Champion in Minneapolis
Like any truck driver on top of his game, there are countless reasons why Daniel Norgaard, an independent owner-operator, looks forward to competing in the National Truck Driving Championships.
August 6, 2012Trailer Orders Creep Upward as Backlogs Continue to Grow
New trailer orders edged up 1.3% to 13,615 in June from a year ago, ACT Research said, with most manufacturers continuing to report healthy backlogs.
August 6, 2012LTL Fleets Boost Profits on Higher Tonnage, Price Gains
Tonnage and pricing improvements in the second quarter helped many less-than-truckload fleets boost their profits significantly in the quarter.
August 6, 2012Atlanta Voters Reject Tax Hike to Fund Transportation Projects
Atlanta-area voters rejected a proposed 1% sales tax increase last week that supporters said would have paid for $6.14 billion in transportation infrastructure projects over 10 years, a bipartisan proposal that had the backing of business groups, Georgia’s governor and Atlanta’s mayor.
August 6, 2012Navistar to Use Cummins’ SCR to Comply With EPA Emissions
Truck and engine manufacturer Navistar International Corp., pressed to find a way to offer engines that comply with federal emissions regulations, said last week that it has reached an agreement to use Cummins Inc. selective catalytic reduction technology for its 13-liter engines and offer Cummins 15-liter engines in some of its International brand trucks.
August 6, 2012DOT to Make Up to $17 Billion Available in New Transport Infrastructure Loans
The Obama administration is making up to $17 billion available for transportation infrastructure project loans, thanks to a provision in the new transportation law, the Department of Transportation announced.
August 6, 2012