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, Logistics, Autonomous

Capacity Expansions Among In-House Fleets to Be a Key Topic at NPTC Annual Meeting

The president of the National Private Truck Council said the 2012 Education Management Conference & Exhibition will include a focus on corporations expanding the capacity and capabilities of their in-house fleets.

April 16, 2012
Business, Government, Safety, Technology, Autonomous

U.S. Safety Agencies Appear Stalled Again in 18-Year Drive for Rail-Crossing Rule

For 18 years, regulators have been wrestling with a congressional mandate to issue a rule prohibiting trucks from proceeding into railroad crossings unless there is adequate space on the other side to avoid getting trapped on the tracks.

April 16, 2012
Business

Daimler Recalls Trucks

Daimler Trucks North America announced a recall of up to 8,747 recently built Freightliner Cascadia trucks and Western Star 4900s for possible seat problems and 1,000 Cascadias and Business Class M2s for possible steering wheel problems.

April 16, 2012
Business, Fuel

Diesel Inches Higher to $4.148, After 12th Increase in 14 Weeks

U.S. retail diesel prices rose 0.6 cent a gallon to $4.148 last week, the Department of Energy reported. Although the increase was small, it still caused fleet managers to express great concern as the national average hit the highest level since Aug. 18, 2008.

April 16, 2012
Business

J.B. Hunt Reports Record 1Q Income

J.B. Hunt Transport Services reported record earnings for its first quarter as all four business segments generated higher revenue.

April 13, 2012
Business

Volkswagen Boosts Stake in MAN

German truck maker MAN SE said Volkswagen AG has boosted its majority stake in the company to 73% of its common shares, Reuters reported Friday.

April 13, 2012
Business, Logistics

Intermodal Traffic Rises 1.1% for Week

U.S. intermodal traffic rose 1.1% in the first week in April compared with a year ago, the Association of American Railroads said.

April 13, 2012
Business, Government, Logistics

Consumer Confidence Declines

Consumer confidence decreased this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

April 13, 2012
Business

Consumer Price Index Rises in March

The consumer price index rose 0.3% in March, the Labor Department said Friday.

April 13, 2012
Business, Technology

McLeod Updates LoadMaster, PowerBroker

McLeod Software Corp. has released LoadMaster Enterprise and PowerBroker Version 11.0.

April 13, 2012