Business
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.
Wabash Gets Order for 4,000 Trailers from Prime Inc.
Wabash National Corp. said it has signed an agreement with refrigerated carrier Prime Inc. to supply Prime with 4,000 trailers over three years.
April 7, 2010Peterbilt Unveils New Class 8, Medium-Duty Models
Peterbilt Motors Co. recently introduced its new Model 587 Class 8 truck, available as a day cab or a twin sleeper, replacing its Model 387.
April 7, 2010Diesel, Gasoline to Remain Near $3 a Gallon into 2011, DOE Says
Diesel will average more than $3 a gallon next year, in line with a previous forecast, the Department of Energy said.
April 7, 2010Court Backs California’s Enforcement of Reefer Rule
California environmental regulators can continue enforcing the state’s refrigerated transportation unit rule that went into effect on Jan. 1, a federal appeals court ruled.
April 6, 2010UPS Deploys 200 Hybrid Delivery Trucks
UPS Inc. said Tuesday it has added 200 hybrid electric delivery trucks to its fleet in eight U.S. cities.
April 6, 2010Cook County Concedes Truck Decals Are Prohibited
Cook County, Ill., has conceded that its ordinance requiring trucks to display tax-related decals violates federal law that holds such decals are burdensome to the trucking industry.
April 6, 2010Diesel Jumps 7.6¢ to $3.015 a Gallon
Diesel jumped 7.6 cents to a national average $3.015 a gallon — the first time in 17 months it has topped the $3 mark, the Department of Energy said.
April 6, 2010Rush to Purchase Lake City’s Assets
Rush Enterprises said it plans to purchase the assets of Lake City Cos., the owner of a chain of International truck dealerships, for about $76.5 million.
April 6, 2010Frozen Food Express Selects PeopleNet for Mobile Service
PeopleNet Communications said it won a contract with Frozen Food Express Industries Inc., under which PeopleNet will replace Qualcomm Inc. as the refrigerated carrier’s mobile communications vendor.
April 5, 2010FedEx Launches Automated International Document System
FedEx Corp. said Monday it has launched a system that allows shippers to electronically upload and manage international shipping documents.
April 5, 2010