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, Fuel, Autonomous

Company Touts EGR Results in ‘Fluid Efficiency’ Test

Fleet managers should consider total “fluid efficiency” when comparing trucks using exhaust gas recirculation engines with those using selective catalytic reduction, truck and engine maker Navistar Inc. said last week.

July 26, 2010
Business, Technology

Qualcomm Shipped More Tracking Units in 3Q, Company Says

Qualcomm Enterprise Services shipped more asset-tracking systems, and cut costs in the quarter ended June 27, parent company Qualcomm Inc. said in its latest quarterly earnings statement.

July 26, 2010
Business, Fuel

Gas Prices Stay at $2.73 a Gallon, Lundberg Says

Gasoline’s national average price rose by less than a cent in the past two weeks to $2.73 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

July 26, 2010
Letters to the Editor, Business, Government

Longer Vehicles; Road, Bridge Names; Seat Belts

The July 12 issue of Transport Topics reported on the recently passed resolution of the Western Governors’ Association that calls on Congress to allow for longer combination vehicle pilot programs: “Western Governors Back New Pilot Programs to Study Effects of Longer Trailer Combinations.”

July 26, 2010
Editorial, Business

Best of the Best

The 2010 edition of the Transport Topics Top 100 For-Hire Carriers shows us just how bad 2009 was for the motor carrier industry, but it also illustrates the recovery that took hold in the first half of this year.

July 26, 2010
Business

Earnings Improve for 7 of 8 Publicly Traded Carriers

Seven of the eight publicly traded motor carriers that reported second-quarter earnings last week reinforced the trend of improved financial results driven by tight capacity, along with modest rate, volume and utilization improvements.

July 26, 2010
Business, Equipment

Cooperation Alters Operations Among Warehouse Users

For more than 15 years, Just Born Inc., the Pennsylvania candy maker of Peeps and of Mike and Ike, transported newly made confections from its Bethlehem plant to two warehouses 75 miles away.

July 26, 2010
Business

UPS Earnings Soar 71% in 2Q; Firm Upbeat for Second Half

UPS Inc. “fired on all cylinders” in the second quarter, boosting profits and firming rates, despite spottiness in the global economic recovery, Chief Executive Officer Scott Davis said July 22.

July 26, 2010
Business

SCR Controls Can Be Skirted Using Water, Navistar Claims

Navistar Inc. attacked competitors’ 2010 engines on two fronts last week, telling environmental regulators that pollution controls on engines using selective catalytic reduction could be easily defeated and telling fleet managers that every gallon of diesel fuel an SCR engine saves will cost at least that much in diesel exhaust fluid consumed.

July 26, 2010
Business, Safety

N.J. Exempts Two-Way Radios From Ban on Driving Using Handheld Devices

Truckers in New Jersey using two-way radios are now exempted from the state’s ban on driving while using handheld communication devices.

July 26, 2010