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.
China Buys Most US Pork in Two Years as Futures Extend Rally
China, the world’s largest consumer of pork, made its biggest purchase of the meat from the U.S. in nearly two years as African swine fever reduces hog herds and drives up prices.
Hino Expands Certified Dealer Network
Hino Trucks announced the expansion of its Certified Ultimate dealer network with the addition of eight dealers, giving it 25 such dealerships operating nationwide.
March 15, 2019TMC Annual Meeting Goes ‘Beyond the Frontier of Maintenance’
The evolution of trucks and truck maintenance is apparent in key highlights on the agenda for the upcoming annual meeting of the Technology & Maintenance Council of American Trucking Associations.
Editorial: Keeping Trucks on the Road Starts Here
This is a time for talking about truck maintenance, as the March 18 issue of Transport Topics coincides with and will be distributed at the 2019 annual meeting of the Technology & Maintenance Council of American Trucking Associations.
March 14, 2019North Florida Warehouse FTZ Debuts Heavy-Lift Service at Jacksonville TraPac Terminal
North Florida Warehouse FTZ has launched its heavy-lift service at the TraPac container terminal in Jacksonville, Fla.
March 14, 2019State DOTs Are Provided Parking Software for Trucks at Rest Stops
Intelligent Imaging Systems announced it is providing state departments of transportation with its IIS Smart Parking software for trucks at rest stops.
Driver Turnover at TL Fleets Drops in 4Q, ATA Report Shows
The turnover rate at large truckload carriers fell 9 percentage points in the fourth quarter, according to an American Trucking Associations report. At 78%, the rate is 10 points lower than it was during the same period in 2017.
February Class 8 Sales Jump as Demand Remains Strong
U.S. Class 8 retail sales for February rose 19% compared with a year ago to 19,858 vehicles, WardsAuto.com reported, underscoring that demand remains strong.
Roadrunner Continues to Struggle in Aftermath of Federal Charges
Roadrunner Transportation Systems Inc. reported a fourth-quarter loss of $58.4 million, or $1.52 a share, compared with a loss of $23.3 million, or 61 cents per share in 2017. The Downers Grove, Ill.-based truckload and less-than-truckload carrier continues to struggle financially in the wake of an accounting scandal and the departure of several key executives, and at a time when business conditions in the freight industry remain strong.
Old Dominion Moves Into Expanded Facility in Mobile
Trucking company Old Dominion Freight Line held a ribbon-cutting March 13 to celebrate its move to a larger facility for its Mobile, Ala., service center, one of five in the state.