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.
Cargo Volumes, Truck Delays Rise at Ports of Los Angeles and Long Beach
The amount of time it took the average truck driver to do business at the two largest North America ports rose six minutes year-over-year in May due to backups at Total Terminals International, according to data from the Harbor Trucking Association.
Open, Honest Communication Wins Business, Experts Say
AMELIA ISLAND, Fla. — Business strategist Marcus Sheridan told transportation industry professionals at a sales and marketing conference here that posting to their websites details about their competition could help drive new business, and he pointed to his history as a self-described “pool guy” to make the case.
Uber CEO to Take Leave, Diminished Role After Workplace Scandals
Uber Technologies Inc. CEO Travis Kalanick told staff he plans to take a leave of absence, without disclosing a return date. The company will strip him of some duties and appoint an independent chair to limit his influence after a slew of scandals, according to an advance copy of a report prepared for the board.
Pirelli Launches Pentathlon D Tire for Longhaul Applications
Tire maker Pirelli announced that its TP Commercial Solutions unit launched the Pentathlon D tire, the first in its Pentathlon product line dedicated to premium longhaul drive applications in North America.
June 13, 2017Report on Driver Delays Gets More Time to Be Completed
WASHINGTON — A congressionally mandated Department of Transportation Office of Inspector General audit of motor carrier delays in loading and unloading has been delayed until late summer or early fall, a top official with the Federal Motor Carrier Safety Administration said June 12.
Roadrunner LTL President Grant Crawford Leaving Company
Roadrunner Freight President Grant Crawford is leaving his job running the less-than-truckload division of Roadrunner Transportation Systems Inc., the carrier announced June 12.
June 12, 2017Former CSX Exec Raises Questions About Jacksonville Port Dredging Project
As Jacksonville, Fla., faces a monumental decision about how to pay for one of the most expensive public works projects in city history, a retired CSX executive has emerged as an unlikely source of do-it-yourself research calling into question the bedrock assumptions the Jacksonville Port Authority uses to justify deepening the St. Johns River.
Industry Tries to Address Nationwide Truck Driver Shortage as Workforce Ages
In need of potential drivers, employers such as CRST International and Don Hummer Trucking supply Kirkwood Community College in Cedar Rapids, Iowa, with equipment and often send recruiters to the course’s later sessions in search of prospective employees.
Three Japanese Freight Carriers to Form Alliance
Japanese ocean carriers Nippon Yusen Kabushiki Kaisha, Mitsui O.S.K. Lines Ltd. and Kawasaki Kisen Kaisha Ltd. have announced an alliance, effective in 2018.
June 12, 2017May Truck Orders Top 16,000 on Replacement Demand
Orders for Class 8 vehicles in May cleared 16,000 to improve 18% year-over-year amid expectations that demand will continue at replacement level, or slightly higher, analysts said.