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

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, 2011
Business, Fuel

Diesel 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, 2011
Business

FedEx 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, 2011
Business

Factory Orders Decline in October

Factory orders decreased 0.4% in October, the Commerce Department said Monday.

December 5, 2011
Business, Fuel

Gasoline 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, 2011
Business, Technology

ALK 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, 2011
Business, Technology

Qualcomm 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, 2011
Business, Technology

Three 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, 2011
Business, Technology

Fuel-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, 2011
Perspective, Business, Equipment

Opinion: 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