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, Safety, Government

PeopleNet, Microdea Set In-Cab Scanning

Transportation software firm PeopleNet, in partnership with Microdea Inc., said Monday the two have introduced in-cab scanning for the trucking industry.

September 17, 2007
Business, Safety, Autonomous

GAO Faults FMCSA on Trucking Fines

Trucking regulators do not always use the maximum fines on trucking companies found with serious safety violations, according to the Government Accountability Office, Bloomberg reported.

September 17, 2007
Business, Technology, Equipment, Safety

Trucking’s Interest in GPS Devices Growing to Meet Needs of Shippers, Survey Finds

Global Positioning System equipment has not yet become standard for all motor carriers, but more fleets are showing interest in the technology to meet the demands of shippers, and those who use it already rate their systems highly, a recent survey showed.

September 17, 2007
Business, Government

First U.S. Truck Rolls Past Mexico Border Zone

The first U.S. truck to drive deep into Mexico rolled into that country on Friday, and a Mexican trucking group said it had concerns about the cross-border program, the Associated Press reported.

September 17, 2007
Business

UPS Freight Sees Sales Growth, Aided by Technology, Marketing

The president of UPS Inc.’s freight division said he expects the carrier to continue expanding annual sales by about 10%, helped by better technology and marketing, Bloomberg reported.

September 17, 2007
Business, Safety, Government, Logistics

TransForce Signs Deal to Purchase Courier

Canadian transportation and logistics firm TransForce Income Fund said it had signed a definitive agreement to buy Century II Holdings, which owns courier company Information Communication Services.

September 17, 2007
Business, Government

New York Manufacturing Index Declines

Manufacturing growth in New York state declined in September, the Federal Reserve Bank of New York said Monday.

September 17, 2007
Government, Business, Safety

Hours-of-Service Rule Change Stalls

Recent legal moves by American Trucking Associations will temporarily keep existing driver hours-of-service rules in place, trucking officials said.

September 17, 2007
Government, Business, Fuel, Equipment

Fleet Directors Minimize Tires’ Cost

Tire wear and tear is inevitable, but carriers can minimize its effects by choosing high-quality materials and being rigorous about maintenance and checking correct air pressures, several fleet maintenance chiefs and tire manufacturers say.

September 17, 2007
Business, Safety, Government

Senate Blocks Funds for Mexican Truck Pilot Plan

The Senate last week stripped funding for the Transportation Department’s cross-border trucking program from DOT’s budget just days after the first Mexican truck was allowed to deliver freight to a destination in the United States.

September 17, 2007