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.
Wholesale Prices Increase for First Time in Three Months
U.S. wholesale prices rose in April for the first time in three months, buoyed by firmer costs for portfolio management services.
Driver-Friendly Dispatching
Driver pay is a key factor in attracting and retaining drivers, but fleets said just offering a competitive per-mile rate is no longer enough.
ELDs from A to Z
Carriers that haven’t yet implemented electronic driver logs will be sifting through a plethora of different hardware and software options as they plan how to comply with the upcoming federal mandate of the technology.
Mobile E-Mail is King
A new report has uncovered a startling statistic with enormous implications for the way trucking companies communicate electronically with customers and drivers: More than two-thirds of all e-mails — 68% — now are opened on mobile devices.
May 12, 2016ITLC Corner: Big Data, IoT Poised to Transform Trucking
It might astound you to realize that Apple’s iPhone has only been around for eight years. In that time, it has revolutionized not just the market for mobile devices, but also the very manner in which people consume information. The question of what — if anything — could bring that level of technological change to the trucking industry in the same period of time was recently posed to a group of industry insiders, and the results may not be what you expect.
ELDs: Do Your Homework Before You Buy
As carriers chart out their plans to comply with the upcoming electronic logging device mandate, one of the first questions they likely will ask is this: Which of the many devices on the market will actually meet the regulation’s requirements?
May 12, 2016Tech Startups Add to Wave of App-Based Freight Services
LOUISVILLE, Ky. — More startups have joined the growing wave of technology firms offering mobile app-enabled freight services, a trend often described, for better or worse, as the “Uberization of trucking.”
Clarence Werner, Carrier’s Founder, Steps Down as CEO, Succeeded by Leathers
Werner Enterprises Inc. said Clarence L. Werner, the company’s founder and first driver, has stepped down from his CEO position, which is being taken by Derek Leathers, the company’s president.
May 12, 2016Software Firm Kewill Agrees to Buy LeanLogistics
Supply chain software provider Kewill Inc. has agreed to buy LeanLogistics, a U.S.-based company that helps shippers manage transportation spending, from Brambles Ltd. for $115 million.
May 12, 2016Marten Wins $3.25 Million Trademark Case Involving Internet Driver Advertising
Marten Transport won a $3.25 million jury award in a trademark infringement case against PlattForm Advertising Inc., which posts open trucking jobs on the Internet.
May 12, 2016