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.

Government, Business

Consumer Confidence Rises in August

Consumer confidence grew in August from a five-month low in July, the New York-based Conference Board said Tuesday.

August 31, 2010
Business, Equipment

Chicago Manufacturing Index Falls in August

Manufacturing activity in the Chicago region grew in August at the slowest pace since November, the Institute for Supply Chain Management-Chicago said Tuesday.

August 31, 2010
Business

C.R. England Updates Dispatcher Software

Truckload carrier C.R. England said it aims to improve efficiency by upgrading dispatchers’ computers.

August 31, 2010
Business, Fuel

Tank Cleaner QualaWash Acquires MSS

Tank cleaning firm QualaWash Holdings said Monday it has acquired Manfredi Special Services, another tank cleaning company.

August 30, 2010
Business, Technology, Equipment, Safety, Autonomous

iTECH: Safety Concerns Drive Interest in Truck-Specific GPS

Never mind the deliveries you want to make on time — the deliveries you don’t want to make at all may be the best reasons to invest in a navigation system designed specifically for commercial truck operations.

August 30, 2010
Business

Consumer Spending Rises More Than Forecast

Consumer personal spending rose 0.4% in July, the biggest gain since March, the Commerce Department said Monday.

August 30, 2010
Business, Equipment

Most Buyers Pick ’09 Engines for Their 2010-Model Trucks

Truck manufacturers delivered vehicles with 66,494 Class 8 engines during the first half of the year, WardsAuto.com reported last week, but most of the power plants do not meet 2010 federal emissions regulations, manufacturers and analysts said.

August 30, 2010
Business

Used Truck Sales, Pricing Strong as Firms Move to Renew Fleets

Used truck sales and prices are climbing steadily as fleets hunt for cost-effective alternatives to new trucks, according to a new research report and industry officials.

August 30, 2010
Business

Port Demands Repayment of $1.8 Million From Fleets

The Port of Los Angeles has told 15 motor carriers that received subsidies to buy new cleaner-running trucks that they must return more than $1.8 million for trucks that did not make enough visits to the port last year.

August 30, 2010
Business

FedEx Ground Wins Latest Court Challenge to Classify Kansas Drivers as Contractors

A federal judge has ruled that FedEx Ground drivers in Kansas are independent contractors and not employees, handing the company a victory in its ongoing litigation over the classification of its drivers.

August 30, 2010