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.

Letters to the Editor, Government, Business, Technology, Equipment

Letters: EOBRs and Waiting, Load Securement

To improve our scores with the Federal Motor Carrier Safety Administration’s Compliance, Safety, Accountability program, many of us have worked diligently to put electronic onboard recorders in our trucks.

April 4, 2011
Editorial, Business

Better Days

The 40th edition of the Mid-America Trucking Show was the most joyful trucking event in recent years, as smiling truckers were greeted by even happier equipment suppliers in frigid Louisville, Ky., last week.

April 4, 2011
Business, Government

Effects of Federal Regulations on Dealers to Be Focus of ATD’s Annual Meeting

American Truck Dealers said it will focus on how to mitigate the possible negative effects of regulatory and legislative actions during its annual convention April 15-18 in Phoenix.

April 4, 2011
Business

Makers Debut Drum, Air Disc Brakes that Meet New Stopping-Distance Rule

LOUISVILLE, Ky. — Reconfigured drum and air disc brakes that meet the new federal stopping-distance rule for commercial vehicles that takes effect in August made their debut here, and one truck maker said air discs will be standard on all its Class 8 trucks.

April 4, 2011
Business, Equipment

Cummins to Remain Profitable Through Technology, Execs Say

LOUISVILLE, Ky. — Executives of Cummins Inc. said that despite the trend by truck manufacturers toward vertical integration of engines and trucks, the sole remaining independent manufacturer of heavy-duty truck engines will be able to offer unique technology and service that will keep their company profitable.

April 4, 2011
Business, Logistics

February Trailer Orders Double as Aging Equipment Is Replaced

Building on a surge of replacement demand that began last year, trailer manufacturers received orders for 21,990 new units in February — a 105% year-over-year increase.

April 4, 2011
Business

Outsourcing By Small Shippers Fueling Growth Among Brokerage Firms, Freight Forwarders

Outsourcing of transportation services by smaller shippers is fueling revenue growth for brokerage firms and forwarders, while increasing the clout of many third-party logistics firms, industry observers said.

April 4, 2011
Business

Fleets Boost Retention Efforts as Drivers Shop for Better Pay

Fleets’ driver retention and recruitment moves are accelerating as pay increases proliferate and drivers begin to chase better-paying jobs, industry officials said.

April 4, 2011
Business

Reauthorization Should Focus on Highways, ATA’s Windsor Tells Congressional Panel

Barbara Windsor, chairman of American Trucking Associations, told a congressional panel that the next surface transportation reauthorization measure should feature more effective highway-focused programs.

April 4, 2011
Business, Fuel

Diesel Gains 2.5¢ to $3.932 a Gallon

U.S. retail diesel prices resumed their upward march last week, as the national average increased 2.5 cents to a 30-month high of $3.932 per gallon, leading fleets to take wide-ranging steps to address their mounting costs.

April 4, 2011