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.
November Class 8 Sales Fall 27.5%
Class 8 U.S. retail sales in November were off 27.5% from a year earlier amid weak demand for longhaul trucking. November’s was the lowest total for that month since 2012, analysts said.
Editorial: End Scene, 2016
That’s a wrap for a year that has been very eventful, but probably won’t be remembered fondly by many.
December 19, 2016Opinion: Invoice Auditing Data Help Carrier Negotiations
Shipping pricing is complex, which means there are numerous factors to take into consideration to ensure that you’re getting optimal pricing from your carriers.
December 19, 2016Toll Supporters See Opportunity in Trump Infrastructure Pledge
If President-elect Donald Trump’s campaign pledge to tap private investors to build infrastructure projects over the next 10 years is adopted by Congress, new tolling facilities are likely to take off along busy freight corridors, tolling proponents and several transportation groups said in recent interviews with Transport Topics.
Driver Pay 'Flat as a Pancake' in 3rd Quarter; Wages Could Rise in '17
Driver pay grew in the third quarter at the lowest levels in seven years as fleets continue to hedge against soft demand, but two large truckload carriers have announced raises effective Jan. 1 that could catalyze others to follow in 2017, according to an industry official who studies salaries.
Trucking Responds to Limiter Proposal
In written comments to federal regulators, several large trucking companies and trade organizations echoed concerns of owner-operators that a proposed rule for a heavy-truck speed limiter will not improve safety on U.S. highways, and may even cause more crashes due to speed differentials.
XPO Weighs in on Optimizing Packaging
XPO Logistics and Sealed Air teamed up last month to announce a new product for shippers, a partnership that could reopen the discussion about how efficient packaging can boost profits for trucking companies, experts said.
ATA Selects Infrastructure Task Force Members
American Trucking Associations has selected 11 people for its new task force to evaluate funding options for repairs to and expansion of the nation’s highways and bridges.
NHTSA’s Proposed V2V Mandate Would Start Connectivity Network
By the early 2020s, cars and trucks could well be swapping data with each other automatically while cruising the nation’s highways and streets, providing a broad platform to improve safety and save lives, if a proposed new federal rule on vehicle-to-vehicle connectivity is enacted.
November Truck Turn Times Tumble at Ports of L.A., Long Beach
The average time it took trucks to enter and exit the two largest container ports in the United States dropped 15 minutes in November compared with October, according to data from the Harbor Trucking Association of Southern California.