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.
PortMiami on Track for Trade Record in 2018
After disappointing years from 2006 to 2014, things are looking up at PortMiami. In March, the port handled 97,577 TEUs of cargo — the second-highest monthly total in the port’s history — and, so far, cargo traffic is up 5.8% over the same period in fiscal 2017.
Both Composites and Foam Have Roles in Reefer Insulation
Reefers need to be able to keep freight at a specified temperature, but there is more than one way to achieve thermal efficiency.
May 11, 2018Figuring Out Fan Drives
Many in the industry say variable-speed drives, which run only as fast as necessary, are increasingly popular. Variable drives can save on horsepower and therefore save on fuel. However, the more traditional on-off drive also is a popular choice because it’s simplest and cheapest.
Discs or Drums?
Not all fleets are convinced of the benefits of air disc brakes. But suppliers maintain there is a growing acceptance of them for heavy-duty trucks, driven by an increase in the deployment of active safety technology, such as collision mitigation and avoidance systems.
Trailer Composites in Focus
In the endless quest to make trailers lighter, sturdier and more thermally efficient, some trailer manufacturers are expanding their use of composite materials, which could offer the potential for a higher strength-to-weight ratio.
May 11, 2018The Lost Art of ‘Gear Jamming’
When Cummins Inc. invited industry journalists to the introduction of its X15, the new generation of its 15-liter truck engine, the event showcased not only the latest in heavy-duty truck engines, but also the evolution of transmission technology in trucking.
ArcBest Reports Improved First-Quarter Earnings
For-hire carrier ArcBest Corp. reported May 10 first-quarter net income of $9.9 million, or 37 cents per share, compared with a net loss of $7.4 million, or 29 cents, in the same period of 2017.
May 10, 2018Americold Bullish About Prospects After First Earnings Report Since IPO
Americold, a global operator of temperature-controlled warehouses, issued its first quarterly earnings report since becoming a publicly owned company in January and it wasn’t pretty, at least on the surface.
Teamsters Leaders Facing Probe for Accepting Gifts
An independent investigator has notched up his probe into whether top Teamsters leaders accepted undisclosed gifts from a business that brokered health benefits for the union.
FedEx, Alphabet, Uber Win Drone Sweepstakes; Amazon Left Out
At Memphis International Airport, drones may soon be inspecting planes and delivering airplane parts for FedEx Corp. In Reno, Nev., they will test airlifting life-saving defibrillators to patients. And customers in Virginia could be awaiting Alphabet Inc.’s flying devices to get goods they ordered.