Business
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.
Editorial: A Little Progress
Well, it appears that trucking has at least made some progress in getting Congress to address some of the issues that are impeding the industry’s efforts to deliver the nation’s freight.
February 6, 2012House Panel Drops Big-Truck Plan
Provisions that would have allowed states to permit larger, heavier trucks on interstate highways were voted down last week, just days after the highway reauthorization bill containing the measures was introduced in the House of Representatives.
February 6, 2012Navistar, Clean Energy Set Pact to Cut Natural-Gas Engine Costs
LISLE, Ill. — Navistar Inc. and Clean Energy Fuels Corp. unveiled a joint offensive on Feb. 1 to expand the reach of natural-gas-powered vehicles in the heavy-duty trucking market.
February 6, 2012Trailer Makers Expect Another Banner Year, Cast a Wary Eye on Component Inventories
Trailer manufacturers may be facing an embarrassment of riches: too much business.
February 6, 2012Faulty Bendix Valves Installed on Around 60,000 New Trucks
A faulty brake valve produced by Bendix Commercial Vehicle Systems has been installed on as many as 60,000 Navistar Inc., Paccar Inc. and Volvo Group heavy-duty vehicles that are now in service.
February 6, 2012Navistar Submits 13-Liter Engine to EPA, Says New Model Meets Emissions Rule
LISLE, Ill. — Navistar Inc. has formally submitted to the Environmental Protection Agency a 13-liter heavy-duty engine model that it says meets current federal emissions standards.
February 6, 2012Trailer Orders Keep Rising; Plants Ramp Up Capacity
Trailer makers experienced robust ordering activity to end 2011 and early this year, according to ACT Research Co. and interviews with manufacturers.
February 6, 2012UPS Pension Plan Change Lowers Fourth-Quarter Profits
Fourth-quarter freight volumes and pricing generally improved for UPS Inc., but quarterly earnings declined because of a one-time $827 million noncash charge for pension accounting, the company said Jan. 31.
February 6, 2012Earnings Jump at Truckload Fleets on Higher Rates, Freight
J.B. Hunt Transport Services Inc. and Werner Enterprises Inc. continued the parade of truckload operators whose fourth-quarter earnings rose with help from higher rates, stronger freight trends and key businesses such as intermodal.
February 6, 2012Highway Funding Is Urgently Needed, CEOs of Two Top Trucking Fleets Say
YRC Worldwide CEO James Welch and FedEx Freight President William Logue, the top leaders at the two largest less-than-truckload carriers, last week underscored the urgent need for highway funding legislation and the potential for longer trailers to improve productivity.
February 6, 2012