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.
TMC SuperTech Gets Under Way in Orlando
The 11th annual TMC SuperTech competition is under way in Orlando, Florida, with 145 truck technicians vying for the title of Grand Champion.
September 21, 2015N.Y., N.J. Ask US to Pay Half of $20 Billion Rail Tunnel
Govs. Chris Christie of New Jersey and Andrew Cuomo of New York want the federal government to pay half of a $20 billion commuter rail tunnel under the Hudson River.
September 21, 2015Werner Wins Approval to Extend Apprenticeship Program for Vets
The Department of Veterans Affairs approved Werner Enterprise’s request to extend its 12-month professional truck driver apprenticeship program to 24 months, the truckload carrier said.
September 21, 2015UPS Asks, Does Logistics Industry Need Bitcoin?
UPS Inc. recently asked in its official blog if global trade needs a virtual currency like Bitcoin as the world becomes more connected.
September 21, 2015GAO Urges Congress to Allow Rail-Safety Deadline Extension
A U.S. watchdog office urged Congress to empower regulators to extend a Dec. 31 deadline for freight and passenger railroads to adopt new safety technology that could prevent major derailments and other deadly crashes.
Sales of Existing Homes Fell More Than Forecast in August
Sales of previously owned U.S. homes fell more than forecast in August, representing a pause in momentum this year for residential real estate.
IronPlanet Raises $55 Million in Funding
Online truck auction company IronPlanet said it closed a $55 million senior secured credit facility that was used to pay off a loan and provide growth funding.
September 21, 2015Truckers Receive Thanks
Americans thanked truck drivers in ways big and small as part of National Truck Driver Appreciation Week.
TT Archives: Chassis Fee
The processes in place today for obtaining chassis to haul intermodal shipping containers from ports can be traced, in part, to an announcement in 2009 by Maersk, the world’s largest ocean freight carrier, that it would charge local truckers for the use of its equipment.
September 21, 2015Opinion: The Benefits of Fleets Going Paperless
Of the millions of fleet vehicles on the roads every day, only a small percentage of them are managed by paperless operations.
September 21, 2015