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

Senate Bill Would Restore Federal Oversight for Bridge, Tunnel Toll Prices Nationwide

Tolls on bridges and tunnels would be subject to federal oversight under legislation introduced in Congress during December.

January 2, 2012
Business

November Tonnage Rises 6% in 24th Straight Monthly Gain

Truck tonnage rose 6% in November from the levels of a year ago, riding a wave of growth sparked by manufacturing demand and inventory restocking, American Trucking Associations reported.

January 2, 2012
Business

Used-Truck Sales Down in November; Short Supply, High Prices Are Blamed

Used-truck sales declined in November, the result of both a lack of supply and increasing buyer resistance to high prices, according to two trucking-industry research groups.

January 2, 2012
Business

2011 TCA ‘Angel’ Rescued Woman, Her Babies

Marc Beam, the Truckload Carriers Association’s 2011 Highway Angel, is the type of person who saves the lives of a woman and two babies on a dark August night and doesn’t immediately tell anyone about it.

January 2, 2012
Business

Navistar's 4Q Profit Jumps; OEM Reports Shortage of Castings

Profit surged at truck and engine maker Navistar International Corp. during the fiscal fourth quarter as its three main divisions — trucks, engines and parts — all posted stronger results.

January 2, 2012
Business, Logistics, Equipment

Trailer Orders Up 29.5% in November, ACT Says

Customers ordered 28,393 new trailers in November, a 29.5% increase from the same month a year earlier and the largest monthly total since March 2006, ACT Research Co. said.

January 2, 2012
Business

ATA Asks Supreme Court to Review Rulings on Portions of L.A. Port’s Clean Truck Plan

Attorneys for American Trucking Associations have asked the U.S. Supreme Court to review a federal appeals court decision that rejected the Port of Los Angeles’ employee-driver plan but left standing several other “burdensome” requirements for carriers.

January 2, 2012
Business, Fuel

Diesel Fuel Ends Year at $3.791 as Refineries Ramp Up Output

Diesel fuel prices tumbled more than 10 cents during the final two weeks of 2011, the Department of Energy reported, as refineries continued ramping up production.

January 2, 2012
Business, Technology

Execs Say Cross-Docking Can Help Build Business

January 1, 2012