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.
Opinion: Exit Planning for Family-Owned Businesses
Exit planning in trucking is unique for a variety of reasons. Add a family-owned business to the mix and things get complicated, especially in the current transaction market.
August 24, 2015Editorial: Saluting the Nation’s Finest Drivers
One week ago in this space, we focused on how rapidly in-cab technologies and active safety systems are maturing and gaining in popularity. Many of the demonstrations and test drives that we at Transport Topics have the opportunity to participate in are nothing short of remarkable. The long-term economic benefits for truckers are clear, and the overall improvement in highway safety is obvious.
August 24, 2015Truck Tonnage Rises 3.7%
Truck tonnage rose 3.7% in July over the same month last year, jumping to the second-highest level ever as factory output rebounded and the consumer as well as housing markets continued to improve, American Trucking Associations reported.
TT Archives: Truck Driving Champions
Seven drivers earned trophies at the first National Truck Driving Championships in St. Louis and were recognized the best in a field of 266 drivers from 41 states in this Sept. 2, 1985, issue of Transport Topics.
August 24, 2015Wal-Mart Driver Tops Field at National Championships
ST. LOUIS — Were it not for a twist of fate, Wal-Mart Transportation truck driver Ronald Emenheiser would not have even been able to compete in the 2015 National Truck Driving Championships.
Private Fleets Widen Search for Drivers to Support Growth
Private carriers are getting creative with recruitment and training as tight capacity and the persistent shortage of qualified candidates are forcing shipper-owned carriers to grapple with a relatively new problem for them: finding drivers.
Diesel Average Dips 0.2¢ to $2.615 in 12th Consecutive Weekly Decline
The average price of diesel fuel in the United States declined 0.2 cent a gallon to $2.615, the 12th straight weekly decline, the Department of Energy reported Aug. 17.
European Commission Sets New Decision Date For Merger of FedEx, TNT
The European Commission’s in-depth review of the $4.9 billion merger proposal from FedEx Corp. and TNT N.V. is set for a Jan. 13 decision.
Low-Rolling-Resistance Tires Save Fuel
Tires designed with low rolling resistance are a worthwhile investment because they save a significant amount of fuel and cost about the same as tires that are not designed for low rolling resistance, according to a new study.
Volvo, Mack Join Omnitracs to Create Telematics Product
Volvo Trucks and Mack Trucks are partnering with technology supplier Omnitracs to develop integrated fleet-management services that would utilize their trucks’ built-in telematics hardware.