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

New York State Manufacturing Index Falls Again

Manufacturing activity in the New York region contracted at a faster pace this month, the Federal Reserve Bank of New York said Monday.

June 15, 2009
Business, Government, Technology, Equipment, Safety, Logistics

iTECH: Boring in on Core Technology

How can trucking and logistics companies — faced with new technology and endless updates to IT systems — avoid wasting money on uncoordinated solutions as they try to keep up with faster, more visible supply chains?

June 15, 2009
Business, Technology, Equipment, Safety

TMW Updates TruckMate Software

Trucking software provider TMW Systems upgraded its TruckMate enterprise management system, expanding the software’s back-office capabilities and polishing its user interface, the company said.

June 15, 2009
Business, Technology, Equipment, Safety

Navteq Will Add Red Lights to Speed-Camera Alert Sites

Navteq developed a red-light camera warning system that is being bundled into an existing speed-camera alert system, the company said.

June 15, 2009
Business, Government

Congress Views Hybrid Truck Demonstration

Seventeen medium- and heavy-duty trucks with hybrid engines rolled onto Capitol Hill June 11 as equipment manufacturers demonstrated the vehicles for legislators and staff.

June 15, 2009
Business, Government

Wyoming Considers Truck-Only Tolls on I-80

A Wyoming state legislative committee said that if part of Interstate 80 in the state becomes a toll road, they would prefer charging trucks only, the Associated Press reported.

June 15, 2009
Business, Safety

Volvo’s North American Deliveries Fall 62% in May

The Volvo Group said Monday its North American heavy-duty truck deliveries fell to 1,115 vehicles, down 62% from a year ago.

June 15, 2009
Business, Logistics, Government

Gas Climbs 17¢ to $2.66 a Gallon, Lundberg Says

The national average price of regular gasoline continued to climb, gaining 17 cents in the past two weeks to $2.66 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

June 15, 2009
Letters to the Editor, Business, Government, Safety

Letters: Dropping Rates, Volvo Disagrees

Since 1978, when I started operations, I have watched the trucking industry continually tear itself down. There will always be another fool with enough money to buy a cheap truck, charge below-profit rates and go out of business, while the next fool is in line to take his or her place.

June 15, 2009
Editorial, Business, Safety, Government

Safety Begins Behind the Wheel

An emphasis on driver behavior runs through an 18-point plan developed by American Trucking Associations to reduce crashes involving cars and trucks. Chilling statistics illuminate why this kind of focus is essential.

June 15, 2009