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.
Postal Service Targets Cuts to First-Class Service
Faced with mounting red ink, the U.S. Postal Service is planning cuts to first-class mail service that could eliminate next-day delivery.
December 6, 2011Diesel Declines for Second Week, Falling 3.3¢ to $3.931 a Gallon
Diesel fell for a second straight week, declining 3.3 cents to $3.931 a gallon, while gasoline fell for a third week, the Department of Energy reported.
December 6, 2011FedEx Ground Sets 4.9% Rate Increase for 2012
FedEx Corp. said it will boost rates for its FedEx Ground and FedEx home delivery services by 4.9% next year.
December 5, 2011Factory Orders Decline in October
Factory orders decreased 0.4% in October, the Commerce Department said Monday.
December 5, 2011Gasoline Falls 9¢ in Two Weeks to $3.29, Lundberg Says
Gasoline’s national average price dropped 9 cents in the past two weeks to an average $3.29 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
December 5, 2011ALK Technologies Announces Reorganization
Transportation technology provider ALK Technologies has formed a new group responsible for all of its products and services sold worldwide to transportation and logistics companies, ALK announced Friday.
December 5, 2011Qualcomm Warns OEMs Are Aiming For Cut of In-Cab Electronics Market
In a federal securities filing, Qualcomm Inc. warned that some truck original equipment manufacturers and truck component makers are beginning to offer built-in, onboard fleet management and GPS devices, which could intensify competition and eventually affect the San Diego-based company’s margins.
December 5, 2011Three Companies Upgrade Their GPS Products
TomTom NV said its Pro 7150 truck-specific GPS is now available and provides drivers and fleet managers with routing that factors in vehicle profiles, road attributes and restrictions.
December 5, 2011Fuel-Cell APUs Limited, Research Firm Says
Despite representing 20% of all fuel-cell systems shipped in 2010, fuel cells used as auxiliary power units remain limited commercially, according to market research and consulting firm Pike Research.
December 5, 2011Opinion: Mobile Tech and the Supply Chain
Advanced transportation management systems (TMS) have long provided automation and functionality that help plan, optimize, manage and execute transportation more accurately and productively than — to be blunt — a human being.
December 5, 2011