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.
Heat Wave Causing More Tire Failures, Adds Strain on Drivers, Fleet Execs Say
This summer’s relentless heat wave throughout much of the United States is taking a toll on motor carriers, as executives told Transport Topics of multiple problems, including a spike in tire blowouts.
August 6, 2012ATA Unveils Highlights of Annual Conference
American Trucking Associations last week unveiled several spotlight events of its 2012 Management Conference & Exhibition, scheduled for Oct. 7-10 in Las Vegas.
August 6, 2012Diesel Rises 1.3¢ to $3.796; Gasoline Also Gains for Fourth Week
U.S. retail diesel and gasoline prices rose for the fourth straight week, the Department of Energy reported, although the rate of the increases slowed.
August 6, 2012YRC Reports Smaller Loss, Posts Operating Income for 2Q
YRC Worldwide said Friday its second-quarter loss narrowed and the company reported positive operating income for the period.
August 3, 2012Oil Jumps $4 Following Jobs Report
Oil jumped by more than $4 Friday, the biggest gain in a month, following a report that more U.S. jobs were created in July than economists had expected, Bloomberg reported.
August 3, 2012Trucking Gains 3,100 Jobs as July Payrolls Rise
U.S. payrolls jumped by 163,000 in July and trucking jobs rose by more than 3,000, the Labor Department said Friday.
August 3, 2012ATA Seeks ‘Good Stuff’ Trucking Image Award Nominations
American Trucking Associations said Friday it is seeking nominations for its sixth annual Mike Russell “Good stuff” Trucking Image Award.
August 3, 2012ISM Services Index Improved in July
An index of the U.S. economy’s service sector improved in July, the Institute for Supply Management said Friday.
August 3, 2012Intermodal Traffic Rises 4.1% for Week
U.S. intermodal traffic rose 4.1% last week from a year ago, the Association of American Railroads reported.
August 3, 2012Navistar to Add Cummins Engines, Aftertreatment
Navistar International Corp. said Thursday it will begin offering 15-liter Cummins engines in some of its International brand trucks and will incorporate Cummins’ urea-based aftertreatment into its MaxxForce engines.
August 2, 2012