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

EBE Technologies Reports 2Q Revenue Growth

EBE Technologies said it generated record revenue results for its 2012 fiscal second quarter.

April 16, 2012
Letters to the Editor, Business

Letters: EOBRs, Sunspots, Oil Demand

I would like to warn trucking executives about electronic onboard recorders and electromagnetic interference, or EMI.

April 16, 2012
Perspective, Business

Opinion: Outsourcing Accident Management

For years, fleets have outsourced any number of services, from routine maintenance to information technology services to recruiting and hiring. But outsourcing a fleet’s entire accident management program is an idea that is just beginning to get noticed in the trucking world.

April 16, 2012
Editorial, Business

Editorial: Growth in Truck Sales Continues

Truck sales remained strong during March, as fleets bought 17,308 heavy-duty vehicles, 33% more than they bought in March 2011. That’s the good news. 

April 16, 2012
Business

Trucking’s CSA Concerns Are Justified, Studies Claim

The trucking industry’s widely held concerns that recent changes to the federal safety-rating program are causing sudden, dramatic shifts in some carriers’ scores is justified, according to an analysis by several companies that help fleets manage their safety programs.

April 16, 2012
Business

Navistar Disputes Rivals’ Claims on Efficiency, Touts ProStar Model as Best in ‘Fluid Economy’

Officials from truck and engine maker Navistar Inc. have disputed fuel-efficiency claims made by its rivals and said that an independent testing agency has found its over-the-road International ProStar model has better “fluid economy” than three of its rivals.

April 16, 2012
Business, Government

Load-Board Scammer Gets 10-Year Sentence and Must Repay $443,000 to Fleets, Brokers

Kulwant Singh Gill has been sentenced to nearly 11 years in federal prison for defrauding dozens of motor carriers and brokers out of nearly $500,000.

April 16, 2012
Business

March Truck Sales Rise 33%

U.S. truck makers sold 17,308 Class 8 trucks in March, a 33% increase from the same month last year, but the news comes as several potentially troubling signs have appeared.

April 16, 2012
Business

Truckload Driver Turnover Rate Dips

Driver turnover rates for truckload carriers unexpectedly dipped at the end of last year, but the American Trucking Associations economist who runs the survey characterized the shift as a temporary “reprieve” rather than a durable change in trend.

April 16, 2012
Business

Delay in Passing Transport Funding Bill May Spark Credit-Rating Crisis, S&P Says

Standard & Poor’s is warning that Congress’ failure to pass a long-term transportation funding bill could provoke a credit-rating crisis similar to the one last summer when Congress balked at raising the nation’s debt ceiling.

April 16, 2012