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.

Editorial, Business, Safety, Autonomous

Truck Safety on Display

Despite occasional hyperventilation from advocacy groups and some politicians, trucking’s safety performance is steadily improving and the industry’s dedication to playing its part in keeping America’s highways safe should be unquestioned.

June 14, 2010
Business, Logistics

England Logistics Purchases McLeod’s Brokerage Software

The logistics arm of truckload carrier C.R. England Inc., Salt Lake City, has purchased brokerage software from McLeod Software Corp., the two companies announced on June 3.

June 14, 2010
Business

Pacer Continues Shakeup With Executive Changes

Pacer International Inc. continued its management changeover by appointing a new executive vice president and revising the duties of two other executives.

Rip Watson | Special to Transport Topics
June 14, 2010
Business, Logistics

Carriers Face Growth Problems After Logistics Budget Cuts

WASHINGTON — Carriers will have difficulty expanding capacity cut last year after manufacturers and retailers slashed spending for transportation services, the Council of Supply Chain Management Professionals said last week.

June 14, 2010
Business

Flatbed Carrier Rates Increase as Freight Swamps Capacity

Flatbed trucking, which has been battered by declines in manufacturing and construction during the recession, is finally showing sustained signs of improvement, with better volumes leading to freight-rate increases, carriers and their shippers have said.

June 14, 2010
Business

Allied Systems, Teamsters Union Clash Over Reversing 17.5% Wage Concession

Allied Systems Holdings and the Teamsters union are clashing over the possible reversal of a 17.5% pay cut the union agreed to three years ago when the car hauler emerged from bankruptcy.

June 14, 2010
Business

New Class 8 Truck Orders Soar in May

New Class 8 truck orders shot up significantly in May from a year earlier, although they were down slightly from April, two independent research firms reported.

June 14, 2010
Business, Safety

Senate Panel Encourages Distracted Driving Bans

The Senate Commerce Committee last week approved a bill aimed at encouraging states to pass their own distracted driving laws, sending the measure to the Senate floor.

June 14, 2010
Business

Navistar Net Income Doubles in 2nd Quarter

Navistar International Corp. more than doubled its net income during the three months ended April 30, even though the company’s second fiscal-quarter revenue dipped, compared with the same time last year.

June 14, 2010
Business, Government, Logistics

Port’s Clean Trucks Program Cuts Emissions

Officials at the Port of Los Angeles are crediting their clean trucks program for significantly lowering diesel emissions in 2009.

June 14, 2010