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

Companies Partner for Diesel Retrofits

Clean Diesel Technologies and American Infrastructure Leasing said Monday they have partnered to offer financing for diesel particulate filter retrofits.

June 19, 2012
Business

Volvo’s North American Deliveries Up 31% in May, as Mack’s Sales Jump 80%

Volvo AB said Monday its May North American heavy truck deliveries rose 31% from a year ago.

June 18, 2012
Business, Logistics

A&S Services Buys Kinard Trucking

A&S Services Group said Monday it has acquired Kinard Trucking and its affiliates. Terms were not disclosed.

June 18, 2012
Business, Equipment

EPA Sets Class 8 Retread Standards

The U.S. Environmental Protection Agency has established a verification program for tire retreads used by linehaul Class 8 trucks.

June 18, 2012
Business

VW Seen Weighing Stake in Navistar to Challenge Daimler in North America

German automaker Volkswagen AG is weighing a possible stake in U.S.-based truck manufacturer Navistar International Corp., with an eye on competing in the North American heavy-truck market, a German newspaper reported last week.

June 18, 2012
Perspective, Business

Opinion: Higher Bonds Still Not the Answer

The proposed increase in surety requirements would eliminate at least 75% of the transportation broker industry.

June 18, 2012
Editorial, Business

Editorial: Rising Driver Turnover Rates

A number of things are conspiring to push driver turnover rates up for smaller carriers, even as larger fleets have been more successful in keeping a lid on employee churn.

June 18, 2012
Letters to the Editor, Business

Letter: Electronic Logging

With electronic logging devices, the hours are what they are. Drivers either have the hours to run a dispatch or they do not. The pressure shifts from the driver having to be “creative” with the log, to the dispatcher being creative with finding a solution to getting the freight serviced.

June 18, 2012
Business

Class 8 Truck Sales Rise 35.5% in 29th Straight Monthly Gain

Heavy-duty truck sales in the United States climbed 35.5% in May to 18,012 from the same month last year, reaching the second-highest total in the current growth cycle as carriers continued to renew their fleets.

June 18, 2012
Business

Talks Over Long-Term Highway Bill Founder as Deadline to Renew Roads Funding Looms

Senate Democrats, contractors and other transportation advocates ramped up their rhetoric and the pressure last week in a last-ditch attempt to get a long-term highway bill passed before a temporary transportation funding extension expires.

June 18, 2012