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.
Top 100 Private Carriers Widen Search for Drivers
Private fleet operators are stepping up driver recruiting and training to expand trucking operations. See the 2015 TT Top 100 Private Carriers rankings.
Driverless ‘Crash Truck’ to Debut at Florida Highway Construction Sites
A driverless truck fitted with an energy-absorbing crash barrier to protect construction workers from oncoming traffic will be deployed as part of a pilot program in Florida, the Associated Press reported.
August 25, 2015National Diesel Average Drops 5.4¢ to $2.561 a Gallon
The average price of diesel fuel in the United States declined 5.4 cents a gallon to $2.561, the Department of Energy reported Aug. 24.
August 25, 2015Cargo Thefts, Value Increase in Second Quarter, Report Says
The number of cargo thefts increased 8% in the second quarter compared with last year, and the value of stolen goods increased about 70%, according to a report from CargoNet, which tracks trucking cargo crimes.
August 25, 2015Sales of New Homes Increase 5.4% in July to 507,000 Pace
Purchases of new homes in the United States rebounded in July, bolstering signs the real estate market is picking up.
Consumer Confidence Rises; Stock Market Sell-Off Not Factored Into Survey
Consumer confidence climbed more than forecast in August, reaching the second-highest level in eight years on more favorable views of the labor market.
August 25, 2015More Efficient Equipment Could Boost Port Savings, Study Says
Energy-efficient port operations are expected to rise tenfold over the next 10 years as truckers use more natural gas-powered trucks and ports deploy more technology such as shore power to reduce fuel consumption, a new report says.
August 25, 2015Cargomatic Expands into New York Metro Area
Cargomatic, whose Web-based service matches shippers and truckers, has begun offering service in the New York metropolitan area.
August 24, 2015UPS Freight, Old Dominion Expand Illinois Terminals
Two major less-than-truckload operators have announced capacity expansion projects in northern Illinois.
August 24, 2015Averitt Boosts Driver Pay
Averitt Express has become the latest carrier to increase pay for truckload drivers.
August 24, 2015