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.
Execs Offer Mixed Assessment of Freight Market Since January
NASHVILLE, Tenn. — At the end of the first quarter, there are signs of optimism in the economy but also caution about the sustainability of the momentum, according to economic analysts and trucking executives at the 2017 Truckload Carriers Association conference.
Flatbed, Specialty Trailer Makers Tout Strong 1Q Orders, Sales
LOUISVILLE, Ky. — Specialty, flatbed and heavy-hauler trailer manufacturers exhibiting at the Mid-America Trucking Show wanted to talk about an exceptionally good start to the year, plus greenhouse-gas emissions regulations, aluminum, manufacturing discipline and a shortage of welders.
GAO Upholds XPO Protest of Military Freight Contract
A multibillion-dollar contract recently awarded to Crowley Logistics to handle freight shipments for the Department of Defense is being reopened after the Government Accountability Office upheld a challenge filed by XPO Logistics Government Services.
NTSB Encourages Fleets to Root Out Bad Drivers
ALEXANDRIA, Va. — A top National Transportation Safety Board official called on motor carriers to do a better job of identifying drivers in their employ with bad driving habits.
Schneider Initial Stock Sale May Spur Growth in Truckload, Intermodal, Analysts Predict
Schneider’s forthcoming initial public offering may close a chapter on the company’s long- standing family ownership, but it will expand the motor carrier’s ability to broaden its horizons, industry analysts said.
Bipartisan Support for Road Funds, Tax Reform Likely, ATA Exec Says
ALEXANDRIA, Va. — Advancing an infrastructure funding measure alongside a tax reform package in the coming weeks is likely to garner bipartisan backing from policymakers and support from the freight industry, officials representing trucking executives and states’ transportation directors said last week.
Trucking Executives Discuss How Millennials Are Shifting Industry’s Workforce Dynamics
NASHVILLE, Tenn. — As baby boomers retire, more companies are hiring millennials to be truck drivers, presenting new challenges to address the differences between the generations in how they view life and work.
Rosen Shuns TIGER Grants at Senate Hearing
During his Senate nomination hearing March 29, President Trump’s pick for the No. 2 spot at the U.S. Department of Transportation would not endorse an Obama-era infrastructure grants program popular with states.
The Rise of E-Commerce
The market for third-party logistics services continues to expand and evolve in response to market demands and a changing competitive landscape.
April 2, 2017TCA Honors Highway Angel, Others
NASHVILLE, Tenn. — The Truckload Carriers Association handed out a number of awards at its 2017 conference to honor the heroes, top performing fleets and distinguished members of the association.