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.
Pennsylvania Town Faces Truck-Towing Dilemma
Trucks parked on private property have become an issue in Chestnuthill Township, Pennsylvania. But it’s a quagmire. Property owners are responsible for removing the trucks, yet doing so is an onerous process that one shopping center owner said is a losing proposition.
PortMiami Docks Its First Neopanamax Ship
PortMiami officially joined the Neopanamax era July 9, when the MOL Majesty — a vessel too big to fit through the original Panama Canal — became the first ship to arrive at the port after transiting the newly expanded canal.
As Another Oil Train Derails, Regulators, Lawmakers Say Progress Being Made
Three years ago July 6, an unattended train carrying crude oil from North Dakota rolled down a hill toward the town of Lac-Megantic, Quebec.
Rhode Island Voters to Decide on Spending $20 Million for Port Upgrades
Before the Providence port can expand, voters would need to endorse Rhode Island's vision in November by approving the $20 million purchase of up to 25 acres of property to expand the city’s port.
Editorial: The Coming of Phase 2
Within several weeks, we could see the final form of Phase 2 of greenhouse-gas limits for heavy- and medium-duty trucks. That should not be confused with the rollout of the second half of Phase 1 GHG regulations on Jan. 1 — although the timing seems almost guaranteed to generate confusion.
July 11, 2016Letters: Coping With Technology
This week's letter writers focus on two aspects of technology and their impact on the trucking industry.
July 11, 2016Chris Spear Named ATA President, Becomes Federation's Ninth Leader
Christopher Spear was named president and CEO of American Trucking Associations, effective July 9, succeeding Bill Graves, who is retiring.
Opinion: Mexican Logistics and Sorting Out the Border
The logistics industry in the United States is rapidly evolving. Thirty or 40 years ago, we worked within our own borders to manufacture and produce many of our own goods. In the 1980s and 1990s, this quickly shifted to China and India, because production costs and labor were much cheaper overseas. Even with the costs of transportation, the United States could manufacture goods much easier in China than in our own homeland.
July 11, 2016Truckload 1Q Turnover Declines Due to Softer Freight Economy
Truckload turnover declined in the first quarter because a softer freight economy limited shipment volumes, reducing drivers’ opportunities to switch to a new employer, American Trucking Associations reported.
Congress Unlikely to Pass HOS Rest Rule by Recess
Congress is poised to adjourn for its summer break without sending to President Obama legislation that would let truck drivers avoid a rest requirement of 1 a.m. to 5 a.m. on consecutive days.