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, Government, Safety, Technology

Truckload Drivers Staying Put

Driver turnover at large truckload carriers fell in the third quarter to 43% a year, the lowest level since American Trucking Associations began tracking the data in 1995.

January 4, 2010
Business, Equipment, Technology, Safety

Manufacturers to Discuss Changing Industry at Heavy Duty Dialogue, Aftermarket Week

Manufacturers and distributors of truck parts and systems are scheduled to discuss the changes coming to the industry during the next decade as they gather in Las Vegas Jan. 18-21 for a pair of heavy-duty events.

January 4, 2010
Business, Government, Safety, Fuel

ATA Says It Will Seek a Summary Judgment in Dispute With L.A. Port at Jan. 11 Hearing

Lawyers for American Trucking Associations said they will ask a federal judge on Jan. 11 to forgo a trial in ATA’s clean trucks lawsuit against the Port of Los Angeles and instead to issue a summary judgment in their favor.

January 4, 2010
Business, Government, Safety

Kerry Introduces Legislation to Reclassify Contractors

The on-again, off-again fight to toughen classification standards for independent contractors is on again, with an effort being led by Sen. John Kerry (D-Mass.), who last month introduced a bill trucking industry officials said would erode the protections afforded employers against attempts by the Internal Revenue Service to reclassify independent contractors as employees.

January 4, 2010
Business

Navistar Earns $86 Million in Fourth Quarter

Truck and engine maker Navistar International Corp. reported a fiscal fourth-quarter profit of $86 million, or $1.19 a share, driven by what it said was a pickup in commercial truck volume and continued military sales.

January 4, 2010
Business, Government, Fuel

Diesel Rises 0.6¢ to $2.732

The average cost of a gallon of diesel in the United States rose for the first time in eight weeks, inching up 0.6 cent to $2.732 a gallon, the Department of Energy reported.

January 4, 2010
Business, Safety, Government, Autonomous

TTNews Closed for New Year’s Holiday

Transport Topics Online will be closed Friday and Monday for the New Year’s holiday. Please check back on Tuesday, Jan. 4, for the latest trucking and freight transportation news.

December 30, 2009
Business, Safety, Government

Chicago Manufacturing Index Improves

Manufacturing activity in the Chicago region showed expansion in December, the Institute for Supply Chain Management-Chicago reported Wednesday.

December 30, 2009
Business

Maine Flatbed Carrier Closing Doors

Hampden, Maine flatbed carrier Carlen Transport is closing its doors, leaving more than 100 workers without jobs, the Associated Press reported Wednesday.

December 30, 2009
Business, Safety

November Truck Tonnage Shows 2.7% Monthly Gain

U.S. truck tonnage fell 3.5% in November from a year ago but showed a 2.7% month-to-month gain from October, American Trucking Associations said.

December 30, 2009