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.
Swiss Post to Start Testing Delivery Drones
Switzerland’s postal service will begin testing the commercial use of drones to deliver packages.
July 10, 2015Oil Prices May Fall Further Before Supply Fades in 2016, IEA Says
Oil prices may fall further as the world remains “massively oversupplied,” before markets tighten in 2016 when output growth outside OPEC grinds to a halt, according to the International Energy Agency.
New World Van Lines Deploys Rand McNally HD100 Devices
New World Van Lines is equipping its fleet of household moving trucks with Rand McNally’s HD 100 devices, the companies said in a joint announcement.
July 10, 2015Trucker Path Adds Load Finder to Its Trip-Planning Mobile App
Trucker Path, the provider of a mobile application for truckers, is expanding its services with a new load-matching platform.
July 10, 2015Con-way Truckload Receives 2014 Carrier of the Year Award From Transplace
Con-way Truckload has been named Carrier of the Year for 2014 by Transplace, a leading provider of transportation management services and logistics solutions.
July 10, 2015Commerce Committee to Mark Up 6-Year Transport Bill July 15
The Senate Commerce Committee is scheduled to take up a six-year highway policy measure on July 15 that would establish certain reforms at the Federal Motor Carrier Safety Administration.
Court Upholds Independent Contractor Status in Massachusetts Case
A federal court ruled that Massachusetts courier drivers are independent contractors, turning away a bid by the state to classify the workers as employees.
GOP Congressman Proposes Fuel Tax Increase
Rep. Tom Rice (R-S.C.) introduced legislation that would raise federal fuel taxes by 10.1 cents per gallon, and index the new rate to inflation as a way to ensure the long-term solvency of the Highway Trust Fund.
USA Truck Appoints Glaser CEO; Simone Resigns to Focus on Health
USA Truck Inc. has appointed Thomas Glaser CEO to succeed John Simone, who has resigned to focus on his health.
DOT Freight Transportation Index Rises 1.7%
The Department of Transportation’s freight transportation services index rose 1.7% in May from the same month in 2014, DOT said July 9.
July 9, 2015