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, Technology

DriveCam to Acquire Rair Technologies

DriveCam Inc., a maker of truck-cab video recorders, announced it will buy Rair Technologies, a provider of compliance services for commercial trucking fleets.

November 28, 2011
Business, Technology

GE Transportation to Buy Software Provider RMI

GE Transportation said it will acquire transportation software provider RMI from New York private equity firm Carlyle Group for an undisclosed sum.

November 28, 2011
Business, Fuel

Oil Rises Over $100 a Barrel

Oil rose to more than $100 a barrel in pre-market trading Monday, the highest in a week, on signs of U.S. economic recovery and following economic sanctions on Syria, Bloomberg reported.

November 28, 2011
Business, Technology

NavStar to Work With Trinity Noble

NavStar Technologies, a start-up company making electronic onboard recorders, has signed an agreement with Trinity Noble to add cellphone detection to its hardware and services.

November 28, 2011
Business, Technology

Cummins Invests in Research Center Expansion

Independent engine maker Cummins Inc. said it would invest $24 million over three years to expand its Cummins Technical Center research facility in North Charleston, S.C.

November 28, 2011
Business, Fuel

Daimler Delivers 1,000th Truck Powered by Natural Gas

Daimler Trucks North America said it has delivered its 1,000th truck powered by natural gas and added it was the first commercial vehicle manufacturer to reach that mark.

November 28, 2011
Perspective, Government, Business

Opinion: Nafta Works

The slogans on signs held by opponents of the cross-border trucking provisions of the North American Free Trade Agreement have included statements such as “Nafta Kills!”

November 28, 2011
Editorial, Business, Government, Safety, Autonomous

Editorial: Looking Toward 2012

There is every reason to believe that 2012 will be a good year for the trucking industry, based on what’s happened so far this year and on reasonably strong U.S. economic growth projections.

November 28, 2011
Letters to the Editor, Business

Letters: Taxes, Speed Limiting

Your Oct. 31 “Analysis” from The Associated Press, which was headlined “Small Business Tax Deduction to Shrink, Showing Importance of Year-End Planning” (p. 7), stated: “The maximum that can be deducted under the two deductions combined is $2 million.”

November 28, 2011
Business, Fuel

Southern California Utility to Buy More NG Trucks

Southern California Gas Co. plans to add about 1,000 new natural-gas-powered trucks to its fleet over the next five years.

November 28, 2011