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, Technology, Equipment, Safety

Salvation Army to Install SmartDrive Software on Entire Fleet

The Salvation Army said it will install safety monitoring and vehicle diagnostic systems, manufactured by SmartDrive, on its entire fleet.

July 16, 2007
Business

Con-way to Buy Contract Freighters for $750 Million

Con-way Inc. said Monday it has entered into an agreement to buy truckload carrier Contract Freighters Inc. for $750 million.

July 16, 2007
Business, Government

Vancouver Port Plans Stricter Truck Safety, Environmental Standards

The Vancouver Port Authority said Monday it had introduced the most demanding container truck safety and environmental licensing standards in North America for the British Columbia port.

July 16, 2007
Business, Equipment

Eaton’s 2Q Profit Dips; Company Boosts Outlook

Vehicle parts manufacturer Eaton Corp. said Monday its second-quarter net earnings dipped compared with a year ago, but its earnings per share remained the same and the company boosted its full-year profit outlook.

July 16, 2007
Business, Government, Technology

Getloaded.com Offers Cellphone-Based Service

Web-based load board Getloaded.com said Friday it will offer its core services to truckers via cell phone.

July 16, 2007
Business, Safety, Government, Technology, Equipment

ATRI, FMCSA to Host Safety Webinar

The Federal Motor Carrier Safety Administration and the American Transportation Research Institute will co-host a trucking industry Webinar on Wednesday, July 25, on onboard collision warning systems.

July 16, 2007
Business, Government

New York Manufacturing Index Jumps in July

Manufacturing growth in New York rose this month at the fastest rate in a year, the Federal Reserve Bank of New York said Monday.

July 16, 2007
Business, Fuel, Safety

Volvo, Mack to Research Engine Efficiency

Volvo AB and Mack Trucks have agreed to develop a heavy-duty diesel engine that would use 10% less fuel and emit 10% less carbon dioxide than 2007 engines under a new agreement between the U.S. and Swedish governments.

July 16, 2007
Business, Government

Gasoline Prices Climb 6 Cents, Lundberg Says

Gasoline prices rose about 6 cents in the last three weeks, according to the latest Lundberg Survey of filling stations released Sunday.

July 16, 2007