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.
Senators Endorse Safety Potential of Autonomous Driving Technology
The advancement of autonomous trucks and cars would dramatically improve safety and reduce congestion along key freight corridors nationwide, the transportation funding leaders in the Senate said Nov. 16.
October Spot Market Index Rises 1.8%; Rates Rebounding, Analysts Say
October was the second-strongest month for spot-market trucking this year, behind the June peak, load board DAT Solutions reported, and industry analysts say that prices have bottomed out and the trajectory will continue upward.
Diesel Drops 2.7¢ to $2.443; Gasoline Falls 4.9¢ to $2.184
The U.S. average retail price of diesel fell 2.7 cents a gallon to $2.443, according to the Nov. 14 survey by the Department of Energy, while crude oil prices continued their slide since the presidential election.
Voters OK $203 Billion for Transportation; Major Turnover Coming in State Capitols
The upset in the presidential election was understandably the biggest news Nov. 8, but plenty of change also is coming for the leadership of transportation legislative committees in the 50 states.
Dollars and Data
Today’s financial reporting software is allowing carriers to go well beyond simply tracking accounts payable and accounts receivable.
Streamlining Tolls & Weigh Stations
Tolls and weigh stations add to the time and expense of moving freight, but technology-enabled services are helping fleets streamline these costs of doing business in trucking.
Targeting Tire Pressure
Many fleets are using technology that monitors tire pressure or automatically adds air as a way to improve fuel efficiency, extend tire life and prevent expensive roadside service calls, but these systems also could play an important role in the industry’s efforts to curb emissions in the years ahead.
Great Dane Announces New California Dealership Facility
Trailer manufacturer Great Dane announced Central Valley Trailer Repair, one of its service centers, opened a 60,000-square-foot facility in Fresno, California.
November 18, 2016Louisiana Transportation Chief Says Taxpayers Face 'Sticker Shock' on Road and Bridge Needs
Louisiana's transportation chief said Nov. 17 that taxpayers will experience "sticker shock" when they see how much money is needed to improve roads and bridges, possibly about $700 million per year.
‘Coopetition’ Continues in Truck Tech Sector
The trucking industry’s technology sector has long been characterized by a galaxy of partnerships and integrations connecting various vendors’ systems. Through these integrations, fleets have been able to assemble the technology components of their choice to build an enterprise system tailored to their operations.