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.
SMC3 Develops New Pricing System for Negotiating LTL Rates
Industry information provider SMC3 announced the development and availability of CzarLite XL, a pricing system for use in negotiating less-than-truckload rates.
February 1, 2016US Manufacturing Contracts in January for a Fourth Month
Manufacturing in the United States shrank in January for a fourth consecutive month as businesses cut staffing plans. Growth resumed in new orders and production, indicating some stabilization in the industry.
Consumer Spending Tapers in December as Americans Pad Savings
Household spending cooled in December as Americans used gains in incomes to boost their savings.
February 1, 2016Large Truckload Turnover Worsens
Driver turnover among large and small truckload fleets is moving in opposite directions, at least for now.
Opinion: CNG - A Highly Efficient Domestic Fuel
It has been great to have a lull in high fuel prices, hasn’t it? Almost something we could get used to. But would you bet on these prices sticking around forever?
February 1, 2016Editorial: The Blizzard of 2016
It has been anything but business as usual along the Eastern Seaboard the past few weeks.
February 1, 2016Trailer Shipments Set Record as 2015 Orders Stay Strong
New trailer orders in the United States reached 315,000, the second-highest annual total, while a growing backlog pushed total shipments to an annual record, ACT Research reported.
Fleet Failures Increase in 4Q; Pace Could Accelerate in 2016
Fleet failures increased sharply in the fourth quarter of 2015 and are likely to keep climbing this year as freight demand softens, a new report said.
Expansion of Panama Canal Nearly Finished, but Extent of US Freight Shift Still Debated
Nearly a decade in the making, the expansion of the Panama Canal is expected to be ready for commercial traffic in late spring.
Volvo Group Reorganizes Global Truck Units
Approximately 100 days into his tenure as CEO of Volvo Group, Martin Lundstedt announced changes for the Sweden-based manufacturer that emphasize brand names over market geography.