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.
N.Y. Governor Proposes Freeze on Toll Rates, Calls for Tax Credits for Agricultural Haulers
In his annual State of the State address, New York Gov. Andrew Cuomo proposed freezing tolls on the Thruway until 2020.
Shippers, Legislators Skeptical About Bid by Canadian Pacific to Buy Norfolk Southern
More than two dozen shippers and legislators expressed skepticism about the bid from Canadian Pacific Railway Ltd. to acquire Norfolk Southern Corp.
Land Air Express of New England Loses Membership in The Reliance Network
Land Air Express of New England appears to be struggling to get back on its feet after being shut down for more than a week by federal regulators due to safety violations.
Zero-Emissions Vehicles Roll Out in California Freight Operations
WASHINGTON — Truck manufacturer Michael Simon asserted to transportation professionals that electric trucks are something that customers will buy.
Anthony Foxx Promotes Strategic Plan to Boost Freight Connectivity
WASHINGTON — Speaking in a packed ballroom at the Transportation Research Board’s annual meeting Jan. 13, Secretary of Transportation Anthony Foxx touted “the real possibility that we can go from bottlenecks to relief” through his department’s National Freight Strategic Plan, which was released in October.
Trucking Tries on Wearable Technology
The emergence of wearable technology, such as smartwatches, has given consumers a new way to communicate, track their health and process payments, but some fleets and technology suppliers believe these devices also can serve as valuable tools in trucking operations.
Technology Helps Fleets Find Lanes That Are Profitable and Efficient
As capacity tightens and government regulations make drivers’ time even more valuable, carriers and shippers are embracing technology to choose the most profitable and efficient shipping lanes, set rates and reduce empty miles.
Choosing Safe Carriers Via Technology
Technology goes beyond helping carriers and shippers find the best rates and routes; it also can help them monitor fleet safety ratings.
Brokers, 3PLs Turn to Technology to Track Loads
Freight brokers and third-party logistics providers have traditionally relied on manual check calls to update the status of a shipment, but are increasingly turning to tracking technology to satisfy shippers’ demands for greater visibility.
Amazon Expands Logistics Reach With Move Into Ocean Shipping
Amazon.com Inc.'s China arm has registered as an ocean freight forwarder, according to the U.S. Federal Maritime Commission, a move that will give it more control over shipping products from Chinese factories to U.S. shoppers.