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, Equipment, Government, Fuel, Autonomous

Utah Clean Truck Program to Provide APU Funding

State and federal grants totaling $585,000 will help 15 trucking companies in Utah install auxiliary power units, the Associated Press reported.

April 9, 2010
Business, Safety

ATRI’s Dan Murray Gets Transportation Award

Dan Murray, vice president of research for the American Transportation Research Institute, received the William K. Smith Distinguished Service Award from the University of Minnesota Center for Transportation Studies.

April 9, 2010
Business, Equipment

Wabash Gets Large Order From Prime

Wabash National Corp. said Tuesday it signed an agreement with Prime Inc. to supply the refrigerated carrier with 4,000 trailers over three years.

April 9, 2010
Business, Government

YRC Upgrades Profit Outlook

YRC Worldwide said it has “even more confidence” it will have positive earnings before interest, taxes, depreciation and amortization beginning in the second quarter.

April 8, 2010
Business

Navistar Boosts 2010 Guidance

Navistar International Corp. boosted its earnings guidance for its fiscal year ending Oct. 31, citing higher military orders.

April 8, 2010
Business

ABF, Teamsters Begin Wage-Cut Talks, Union Says

The Teamsters union said it was beginning talks Thursday with ABF Freight System on the company’s request for wage reductions.

April 8, 2010
Business, Safety

DOT Sets Stepped-Up Enforcement on Distracted Driving

The Department of Transportation has kicked off a pilot program in New York and Connecticut to test whether concentrated law enforcement can make drivers put down their cell phones.

April 8, 2010
Business

Jobless Claims Rise for Week

Initial jobless claims rose by 18,000 last week, in part due to adjustments for the Easter holiday, the Labor Department said Thursday.

April 8, 2010
Business, Equipment

Opinion: Engine Makers’ Rivalry Reaches Heated Level

LOUISVILLE, Ky. — This year’s version of the Mid-America Trucking Show here cast a bright light on the ongoing fractious debate over which engine technology makes the most sense for fleets that operate heavy-duty trucks in North America.

April 8, 2010
Business

DOT Rejects Pennsylvania’s Plan to Toll Interstate 80

The U.S. Department of Transportation has denied Pennsylvania’s request to toll Interstate 80 because the state’s application did not meet federal requirements that revenue be used exclusively for a road being tolled.

April 7, 2010