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, Fuel

Gasoline Jumps 12¢ to $3.51, Lundberg Says

Gasoline jumped almost 12 cents in the past three weeks to $3.51 per gallon, according to the latest Lundberg Survey of filling stations released Sunday.

February 13, 2012
Business, Technology

Ortec and Xata Launch Mobile Compliance Software

Software providers Ortec and Xata Corp. have announced enhancements to Ortec Mobile, a routing and scheduling software for fleets.

February 13, 2012
Business, Fuel

Clean Energy Opens Natural Gas Fueling Station in Ohio

Clean Energy Fuels Corp. said it has opened a new liquefied natural gas fueling station in Ohio.

February 13, 2012
Perspective, Business

Opinion: Driver Turnaround and New HOS

In the post-HOS environment, minutes matter. By reducing driver turnaround time, we can minimize the fallout from HOS-related capacity constraints.

February 13, 2012
Editorial, Business

Editorial: Supplying the Trucking Industry

This is shaping up as one of those “interesting years” for the trucking supply industry, with demand likely to at least match capacity in several key areas, including tractors, trailers and tires.

February 13, 2012
Business

FMCSA Officials Delay Final EOBR Rule; Say Process May Extend Into Early 2013

Federal regulators will not issue a final rule this year mandating electronic onboard recorders for nearly all interstate carriers, a Federal Motor Carrier Safety Administration spokeswoman confirmed last week.

February 13, 2012
Business, Safety

Maersk Selling Its Chassis Unit; Charged Truckers Fees for Use

Maersk Inc., owner of the largest ocean carrier, has agreed to sell its chassis rental unit to private investment firm Littlejohn & Co., marking the latest step in the ownership of the chassis that drayage truckers use to deliver containerized cargo.

February 13, 2012
Business, Government, Safety

DOD Rule Fix Gives Movers Flexibility to Store Military Members’ Belongings

Household goods movers have more leeway in putting military service members’ goods into storage if the shipments arrive early, thanks to a federal rule change last month that the industry said will save money and increase available capacity in the moving industry.

February 13, 2012
Business

More LTLs Report 4Q Gains; Continued Growth Predicted

Four publicly traded less-than-truckload carriers have joined the ranks of fleets that improved fourth-quarter financial performance and signaled that prospects for continued growth are brightening.

February 13, 2012
Business

CEO Welch Considers 2012 a ‘Rebuilding Year’ at YRC

Six months into his bid to turn around YRC Worldwide Inc., CEO James Welch does not mince words as he mixes positives like “a 180-degree turn” in once-flagging morale with reality, saying “2012 will be a rebuilding year.”

February 13, 2012