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.
Lower-Paying Industries See Fastest Wage Growth in US
"Joe six-pack gets a raise," proclaim Bank of America Merrill Lynch economists Emanuella Enenajor and Lisa Berlin, commenting on the biggest source of upward pressure on U.S. wages in 2016.
Consumer Spending Advances for Fourth Consecutive Month
Consumer spending advanced for a fourth straight month in July, bolstered by stronger income gains, sending the biggest part of the U.S. economy to a solid third-quarter start, Commerce Department figures showed Aug. 29 in Washington.
July Tonnage Rises 0.3%
Truck tonnage in July continued to reflect a struggling freight environment, posting a 0.3% year-over-year gain that was the smallest this year, and declining 2.1% from June, American Trucking Associations reported.
Opinion: SOLAS Container Weight Rule Reaches Critical Milestones
Approximately 10% of ocean cargo may cite an inaccurate weight, according to Loadstar. In 2015, an estimated 16.3 million out of 200.5 million TEUs, or industry- standard 20-foot-equivalent container units, of cargo were shipped without an accurate measurement, which speaks to an industrywide problem.
August 29, 2016Editorial: CDL or Bust
For the last week, our collective eyes here at Transport Topics have been fixated on a school outside Louisville, Kentucky.
August 29, 2016About Us: Transport Topics' Top 100 Private Carriers
Fleets See Return on Investment in Safety, Training
Private carriers are adding to their safety efforts by spending more on training, upgrading equipment and taking steps to recognize their best-performing drivers.
Interactive Map: Where The Top 100 Private Carriers Are in North America
Private Fleets Seek Assistance With Compliance
Private fleet operators are increasingly using outside service providers to comply with a growing number of regulations and face pressure to adapt to an array of legal issues and business trends that go well beyond the traditional realm.
Truckload Pricing Ticks Up After Pressure in First Half
Recent reports that track freight rates could be showing initial signs of improvement in truckload pricing, which has been under intensified pressure this year.