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, Technology, Equipment

E&MU: Tire Makers Refine Compounds to Improve Durability, Mileage

Recent advances in rubber compounding processes have helped make tires more durable and fuel efficient, according to manufacturers who compare the techniques to the culinary arts.

May 14, 2012
Business

San Francisco Bay Area Truck Tolls to Rise Again

Multi-axle vehicles including heavy-duty trucks will be paying higher tolls to cross San Francisco area bridges starting July 1, the Vallejo (Calif.) Times Herald reported.

May 14, 2012
Business

FedEx to Sell Japan Office Business to Konica

FedEx Corp. will sell the Japanese operations of its Office unit, the retail business formerly known as Kinko’s, to Konica Minolta Holdings, Bloomberg reported.

May 14, 2012
Editorial, Business, Logistics, Autonomous

Editorial: Life Is Good

There was some interesting advice offered by two of our industry’s best-known economists last week to fleet executives who were attending the National Tank Truck Carriers annual conference in San Francisco.

May 14, 2012
Perspective, Government, Business, Technology, Equipment

Opinion: Why an EOBR Mandate Is a Bad Idea

The Federal Motor Carrier Safety Administration continues to be dead set on forcing every commercial vehicle in the United States to carry an electronic onboard recorder — better known as an EOBR — despite the device’s hefty price tag and general uselessness as a safety tool.

May 14, 2012
Business

ATA’s Graves Cites Transportation Needs as Election-Year Casualty, Blasts Parties

ARLINGTON, Va. — American Trucking Associations President Bill Graves blasted federal lawmakers in a recent speech, telling an audience of a shippers’ association here that the upcoming election has halted the legislative process and Republicans’ pushes to decrease the federal role in transportation are missing the mark, among other criticisms.

May 14, 2012
Business, Government

Daimler Bets Big on India’s Booming Truck, Bus Market

CHENNAI, India — The world’s largest commercial vehicle maker, Daimler AG, is making one of its biggest-ever bets by pouring $850 million into production and sales operations here, in what is now the world’s fastest-growing market for trucks and buses.

May 14, 2012
Business, Safety

Industry Seeks Relief from FMCSA Policy in Crashes When Truckers Are Not at Fault

Royce Brooks, an experienced tank truck driver, was hauling gasoline to Lockhart, Texas, south of Austin, when a BMW driver blew through a stop sign and a flashing red light.

May 14, 2012
Business

Analysts View Truck Orders Dip as ‘Pause’ in Growing Market

The decline in truck orders — including the 55% drop last month compared with a year ago and declines in the previous three months — represents a “pause” in the fleet replenishment process rather than a sign of fundamental market weakness, several analysts and dealers have said.

May 14, 2012
Government, Business

Trucking’s Recovery Is Sound, Likely to Last, Economists Say

SAN FRANCISCO — Two of trucking’s leading economists said last week the industry’s economic recovery was well under way and should continue for at least several more years.

May 14, 2012