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, Business, Safety, Government

Letters: CSA Fallout, Mexican Tariffs

The prediction by some people is that the new CSA rules will take 5% or more over-the-road drivers off our highways. To some folks that may be a good thing.

August 30, 2010
Editorial, Government, Business

Speculators Flee Cooling Economy

About the only silver lining that seems to be coming from the obvious slowdown of the U.S. economy is that it’s taking pressure off domestic fuel prices, in part by encouraging commodities speculators to find other places to ply their trade.

August 30, 2010
Business

Truck Tonnage Rises 7.4%

Truck tonnage in the United States rose 7.4% in July from a year earlier, the eighth consecutive monthly gain, American Trucking Associations reported last week.

August 30, 2010
Business

Cargo Security: Industry, Law Enforcement Coordinate Efforts to Counter Criminals’ Growing Sophistication

With cargo theft on the rise, trucking companies such as Schneider National and Con-way Inc. are relying on the latest technology — as well as increased collaboration with security consultants, insurers, shippers and law enforcement — to fight criminals who have become more sophisticated.

August 30, 2010
Business

Eaton Names Chief Technology Officer

Vehicle parts manufacturer Eaton Corp. named Lennart Jonsson its new chief technology officer.

August 30, 2010
Business

IdleAire Reopens 10 Locations

The IdleAire nationwide truck-stop electrification network is back in business on a smaller scale with 10 operating locations, its new chief executive officer said.

August 30, 2010
Business

Navistar Urges Recall of 2010 SCR Engines

Navistar Inc. has urged U.S. and California environmental regulators to recall 2010-compliant heavy-duty truck engines using selective catalytic reduction emissions technology that the company claims can be defeated by drivers.

August 30, 2010
Business, Government, Safety

Trailer Orders Up 74% in July, Led by Surge in Dry Vans

Orders for new trailers rose 74% in July over July 2009, pushing year-to-date levels ahead by the same percentage, ACT Research Co. reported.

August 30, 2010
Business

Con-way Freight President Labrie Leaves After 20 Years of Service With LTL Carrier

John Labrie, president of less-than-truckload carrier Con-way Freight, abruptly left last week after 20 years with the company.

August 30, 2010
Business, Fuel

Diesel, Gasoline Prices Dip as Economic Growth Cools

The national price averages for retail diesel and gasoline declined moderately last week, as falling crude oil prices, rising petroleum inventories and bad news about housing suggest there is no pressure to cause a sustained increase in the cost of U.S. refined products.

August 30, 2010