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.
Haven Adds Track-and-Trace Capabilities to Online System
Haven, which provides worldwide information services for shippers and carriers, has expanded its online booking system to include track and trace capabilities that are intended to create a full-service automated freight procurement platform.
March 18, 2016Teamsters Retirees Push Back Against Pension Cuts
The Central States Pension Fund, jointly overseen by the International Brotherhood of Teamsters and employers, is warning of insolvency by 2026 unless benefits are cut now. It has proposed to reduce pensions for about 115,500 retirees, slightly more than half of current retirees.
Georgia Ports' Chilled Imports Rise on Peruvian Produce
Add juicy red grapes to the bounty of perishable Peruvian imports coming into Savannah’s Garden City Terminal, which boasts a refrigerated cargo infrastructure unmatched at any other East Coast port.
LiveOnWeb Extra: More ELD Answers
We received so many viewer questions for our March 16 LiveOnWeb program on "The Truth About ELDs" that we couldn't get them all in during our live program. But, TT Technology Editor Seth Clevenger stuck around to answer a few more questions in this LiveOnWeb Extra.
March 17, 2016Replay: LiveOnWeb on 'The Truth About ELDs'
What do you need to know to be prepared to meet the December 2017 electronic logging mandate? Hear from two fleet execs who've already been there. Herman Funk of Cowan Systems and Sam Faucette of Old Dominion Freight Line joined TT's Seth Clevenger. Watch the replay.
March 17, 2016Senate Advances Short-Term FAA Measure
The Senate on March 17 easily advanced a short-term aviation bill that would keep Federal Aviation Administration programs authorized through July 15.
New Jerseyans Want Roads, Bridges Fixed Without Raising Fuel Taxes
Although 64% of New Jersey residents believe that the state doesn’t spend enough on road and bridge repairs, 56% oppose a gas tax hike which would pay for those, according to a poll released March 17 by Rutgers University’s Eagleton Center for Public Interest Polling.
Crude Oil Rises Above $40 in New York for First Time in 3 Months
Oil surged above $40 a barrel in New York for the first time since December as central banks from the United States to Norway signaled they will continue to provide economic stimulus to support demand.
FedEx CEO Calls Amazon Challenge Reports 'Fantastical'
When FedEx Corp. CEO Fred Smith looks at Amazon.com, he sees a valuable customer — not a mortal danger.
Meritor Wabco Appoints Matthew Stevenson President
Meritor Inc. and Wabco Holdings Inc., parent companies of the 50-50 joint venture Meritor Wabco, announced that they have appointed Matthew Stevenson president of Meritor Wabco, effective immediately.
March 17, 2016