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.
Tyson Foods, Pilgrim’s Pride Earnings Improve
Two poultry producers who operate private truck fleets reported improved profits in the most recent quarter.
August 4, 2009ISM Manufacturing Index Gains in July
Manufacturing activity improved in July and shrank at the slowest pace in nearly a year, the Institute for Supply Management said Monday.
August 3, 2009Daimler Training Dealers on Finance, Insurance Sales
Daimler Truck Financial said Monday it is providing heavy- and medium-duty truck dealers with a training program on selling finance and insurance products to its customers.
August 3, 2009GAO Cites Concerns On Bus, Truck Companies Operating Illegally
A number of trucking and bus companies have been ordered shut down for violating federal safety rules and staying in business under different names, the Associated Press reported, citing a government study.
August 3, 2009House Bill Would Give Tax Credit for APUs
A bill introduced in the House of Representatives would provide up to $3,000 in tax credit for fleets to purchase auxiliary power units.
August 3, 2009Construction Spending Increases 0.3%
Construction spending rose 0.3% in June, the Commerce Department said Monday.
August 3, 2009SmartWay Helps Fleets Quantify Savings of Emissions, Fuel
The SmartWay Transport Partnership is giving shipper-owned fleets a way to showcase their commitment to energy efficiency and cleaner air.
August 3, 2009Letters: Reregulation (cont.), Climate Change
I differ from the “Reregulation, Please” letter writer’s view that small carriers are offering transport service prices that are too cheap. Yes, there are some shoestring trucking operations hauling for very low freight rates, but there also are large carriers doing the same.
August 3, 2009Stopping Short
There were no surprises in the new federal rule designed to improve the braking power of a standard, fully loaded, tractor-trailer by almost one-third.
August 3, 2009Texting Top Driver Distraction, New Va. Tech Study Finds
Truckers who text from the driver’s seat are about 23 times more likely to have a crash, or at least a close encounter, than are drivers who are watching the road, according to a Virginia university study for the Federal Motor Carrier Safety Administration.
August 3, 2009