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.
Daimler’s Chinese Truck Venture Gets Government Approval
Daimler Trucks said Monday it has received final authority from Chinese authorities for a joint-venture with Chinese truck maker Beiqi Foton Motor Co.
September 26, 2011Xata, McLeod Announce Joint Projects on HOS, Driver and Vehicle Data
Transportation software companies Xata Corp. and McLeod Software on Monday announced joint-development projects to help fleets comply with hours-of-service regulations and improve driver and vehicle performance.
September 26, 2011Paccar Parts Offers TruckerLink Telematics
Paccar Parts, part of truck maker Paccar Inc., said its proprietary TruckerLink telematics and fleet-management service is now available to aftermarket customers.
September 26, 2011New Home Sales Fall to Six-Month Low
New home sales fell for to a six-month low in August, the Commerce Department said Monday.
September 26, 2011Marchiano Appointed President at Longistics
Andy Marchiano has been recruited as president of global logistics firm Longistics, Research Triangle Park, N.C. Marchiano was previously vice president and general manager of Cooper Leasing Inc., Raleigh, N.C.
September 26, 2011Gasoline Falls 12¢ in Two Weeks to $3.54, Lundberg Survey Says
Gasoline’s national average price fell 12 cents in the past two weeks to an average $3.54 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
September 26, 2011Obama Calls on GOP To Back Road Spending
Standing in front of one of the most crowded, deficient bridges in the United States, President Obama called on Republicans to help him pass a jobs bill that contains $27 billion in construction spending for highways and bridges.
September 26, 2011Possible Restrictions on Cellphone Use Will Not Include Telematics, Executives Say
The discussion of further restricting cellphone use by truck drivers likely will not lead to limitations on the use of in-cab communication devices, in part because the devices have built-in safeguards, executives with technology firms said.
September 26, 2011Turnover Grows at Large Truckload Carriers
Driver turnover among larger fleets rose modestly in the second quarter, but declined slightly at smaller fleets that traditionally have greater success in retaining drivers, American Trucking Associations reported last week.
September 26, 2011The Second Battle of Interstate 81
Back in 2003, Virginia began its ill-advised drive to toll an existing federal highway to raise money for road work, much to the displeasure of the region’s business community, and especially the trucking industry.
September 26, 2011