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.
Element Fleet Management Creates Cost of Ownership Index
Element Fleet Management has created a cost of ownership index whose initial assessment shows a decline of 14 percentage points year-over-year in those expenses due to lower fuel prices.
May 23, 2016U.S. Xpress Truck Driver Once Weighing More Than 280 Pounds Competes in Triathlon
When the Ironman 70.3 Chattanooga triathlon kicked off May 22, 51-year-old U.S. Xpress truck driver Danny George was there, competing.
Leasing, Financing Confidence Index Declines
The Equipment Leasing & Finance Foundation earlier this month reported a decline of four percentage points in its confidence index to 55.1, citing hesitancy by business owners to make investments.
May 23, 2016Old Dominion Freight Line Adds Indiana Terminal
Old Dominion Freight Line has officially opened a new terminal in Brownsburg, Indiana, to serve the west central portion of the state.
May 23, 2016Congress Moves on HOS
The U.S. House and Senate last week advanced separate transportation bills that would make changes to the hours-of-service restart rule for truckers that many across the industry have opposed.
Correctly Spec’d Floors Can Reduce Cost of Trailer Maintenance, Industry Execs Say
Trailer flooring should be a zero-maintenance component of a trucking operation, but that’s the case only if the floor is spec’d correctly, suppliers and fleet executives said.
Opinion: How to Improve Dedicated Fleet Management
While it is true that even the best dedicated-carrier fleets have been late at one time or another, most quality fleets deliver high-quality performance over time. The quality of the service is generally not the key reason that severs ties between buyers and sellers. For this text, we’ll just focus on three drivers for change.
May 23, 2016Editorial: The Infrastructure Debate Continues
Many regular readers of this page were doubtlessly hoping that the December passage of the FAST Act would at long last get us to shut up about infrastructure funding for at least the first three years of the five-year law. But since last week was Infrastructure Week, no such luck.
May 23, 2016Lawmakers Already Preparing for Future Road Funding Fights
WASHINGTON — Senior congressional lawmakers said they would push to come up with a long-term funding system for infrastructure projects during the next few years.
Industry Groups Unite to Develop New App Aimed at Making Truck Parking Easier to Find
WASHINGTON — Industry groups announced they will launch a free truck parking smartphone app in August, joining several from the private sector already in place.