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.
Truckstop.com Announces New Business Tools
Load board operator Truckstop.com said it will soon offer several new business tools designed to help customers improve the efficiency of their operations.
November 17, 2015House Passes Highway Trust Fund Extension Through Dec. 4
Funding authority for highway programs would be extended through Dec. 4 under legislation the House easily passed Nov. 16.
November 16, 2015Diesel Falls 2¢ a Gallon to $2.482
The U.S. average retail diesel price fell 2 cents a gallon to $2.482 after increasing the previous week, the Department of Energy reported Nov. 16.
November 16, 2015Alkane to Build Class 7 Cabover Fueled by Propane or Natural Gas
Alkane Truck Co. announced that it will begin production in early 2016 on a Class 7 cabover truck powered by either liquid propane autogas or compressed natural gas.
November 16, 2015BNSF 3Q Net Income Rises 12%, Best Among US Rails
BNSF Railway, which is owned by investor Warren Buffett’s Berkshire Hathaway Inc., raised third-quarter net income 12% to $1.16 billion, which was the best earnings growth among the largest U.S. railroads.
November 16, 2015West Side Transport Offers New Pay Package
West Side Transport announced a new pay package for its regional and over-the-road drivers that ensures them a minimum $900 to $1,100 a week.
November 16, 2015Alaska Truckers Concerned Over State DOT Budget Cuts Due to Plunge in Oil Prices
A plunge in oil prices this year has prompted a $35 million cut to the budget for Alaska’s Department of Transportation, making the state’s truckers nervous.
Driver Coercion Final Rule Clears OMB; ELD Rule Expected Nov. 30
A final federal rule that would prohibit carriers, shippers and brokers from coercing truck drivers to violate safety regulations cleared review by the White House Office of Management and Budget last week and is projected to be published in the Federal Register on Nov. 23.
Teamsters, Management to Resume Car-Haul Talks
The Teamsters and management negotiators seeking to reach a car-haul agreement will resume negotiations Nov. 17, a month after rank-and-file union members soundly rejected a tentative agreement.
November 16, 2015New Outset Partners App Offers Secured Driver Profiles
Outset Partners introduced an app that can provide secured driver profiles that allows truckers to present their credentials to prospective customers or employers.
November 16, 2015