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.
Logistical Labs Offers Intermodal Booking Option
Software provider Logistical Labs is offering a door-to-door intermodal booking system for CSX and some Norfolk Southern truck-rail service.
November 16, 2015Goodyear Introduces Fuel Max RSA
The Goodyear Tire & Rubber Co. has rolled out the Fuel Max RSA tire for regional, longhaul and urban markets.
November 16, 2015Canadian Pacific CEO Hunter Harrison Hunts for His Biggest M&A Deal
The man brought in to run Canada’s second-biggest railroad likes to say one of his missions is to “make the assets sweat” — in other words, really put them to work. He could say the same about his investment bankers.
OPEC Export Price Falls Below $40 for First Time Since 2009
The average price of crude sold by OPEC fell below $40 a barrel for the first time since 2009, underscoring the financial cost of the group’s strategy to defend its market share.
Analysts Growing Cautious on 2016 Trucking Outlook
Freight industry experts are increasingly growing cautious about 2016, based on the expected continuation of recent sluggish market conditions as well as other factors.
Eaton, Cummins Add Powertrain Options
MARSHALL, Mich. — Eaton Corp. and Cummins Inc. recently announced powertrain options that enhance engine downspeeding at highway speeds and increase driver control using automated transmissions at slow speeds.
Trailer Tracking Helps Carriers Manage Regulatory Requirements
Whether carriers are preparing to meet the final requirements of the U.S. Food and Drug Administration’s Food Safety Modernization Act to comply with size regulations in states, technology providers said tracking technology can help operators comply with those regulatory requirements.
‘Where’s My Freight?’
Today’s tracking technology allows users to monitor the movement of goods from the time they leave the manufacturer to the final unloading, eliminating black holes that once existed within the system, particularly within the handoff points as loads changed hands.
Pace of Driver Raises Slows
The pace of truckload driver pay increases is slowing, driven by a weaker economy and the feverish pace of raises at this time last year, an industry expert said.
Letter: Highway Trust Fund Needs Robust Fix
President Obama recently signed into law a patchwork bill extending funding for the Highway Trust Fund.
November 16, 2015