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.
National Private Truck Council Honors Five at Conference
CINCINNATI — The National Private Truck Council honored five individuals and one company for their contributions to the trucking industry and other professionals involved in managing corporate-owned truck fleets.
April 25, 2016MoDOT Dips Into Cash Reserve Amid Transportation Funding Challenges
JEFFERSON CITY, Mo. — When record and near-record flooding swept through Missouri in December, nearly 300 roads were underwater, including stretches of several interstates. State Department of Transportation crews spent days clearing debris from roadways and weeks rebuilding damaged stretches, racking up overtime and other costs.
Port of Corpus Christi to Improve Aging Rail System
Oil isn't quite worth what it used to be, but officials for the Port of Corpus Christi say now is the time to finish its plans to improve its aging rail system.
Motor Travel Rises at Record Pace in February
U.S. motor travel surged at a record pace in February as Americans took to the road again after January's historic snowstorms, U.S. data released April 25 showed, fueling optimism about gasoline demand as refiners brace for the busy summer driving season.
Sales of New Homes Fall for a Third Month on Slump in West
Purchases of new homes in the United States unexpectedly declined in March for a third month, reflecting the weakest pace of demand in the West since July 2014.
Manufacturers Say Fleet Testing Essential for Developing Improved Truck Tires
Many of tomorrow’s truck tires are actually on the road today. They are being tested by private fleets hauling food and picking up trash. They are being run on test tracks in South Carolina and Texas. They are being driven over snow-covered roads in northern Canada and on logging trails in Central America.
Truck-Involved Deaths Dip
Even though large trucks traveled upward of 4 billion more miles in 2014 than in 2013, fewer of them were involved in fatal crashes and fewer people died in those accidents.
A Welcome Reduction
Readers of Transport Topics see stories every week that involve the different ways trucking companies, industry suppliers and government regulators all aim to improve highway safety. So signs of progress should not be a surprise.
April 25, 2016Reduce Churn: Teach Drivers to Job Search
While the above titled retention activity at first makes as much sense as trying to melt the sun, its logic is based on the following facts:
April 25, 2016March Tonnage Increases 2.2% Amid Slow Economic Growth
Truck tonnage rose 2.2% in March on a year-over-year basis, reflecting slow economic growth and mixed freight trends, American Trucking Associations reported.