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.
Radioactive Material Drivers Granted Rest Break Exemption
The Federal Motor Carrier Safety Administration has granted the U.S. Department of Energy an exemption allowing its drivers who haul security-sensitive radioactive material to forgo an hours of service 30-minute rest break requirement.
Ryder Introduces TranSync Platform to Automate Fleet-Selection Process
Ryder System Inc. has developed a technology platform designed to help private fleets and shippers determine the most efficient transportation option for a particular load at a given time.
SkyBitz to Buy Two Telematics Firms
Trailer-tracking provider SkyBitz said June 23 it has agreed to buy Reltima and GPS North America, two telematics companies in the local fleet-management market.
June 23, 2015DTNA Promotes Frack to GM of Human Resources
Daimler Trucks North America has appointed Eileen Frack general manager of human resources, effective Aug. 1.
June 23, 2015Capital Goods Orders Rise for Second Time This Year
Orders for business equipment rose in May for just the second time this year, indicating demand for American-made manufactured goods is stabilizing.
June 23, 2015Senate Confirms Daniel Elliott to Surface Transportation Board Reappointment
The Senate on June 22 easily confirmed the nomination of Daniel Elliott for a reappointment on the Surface Transportation Board.
Dicom Acquires Orbis Logistics
Dicom Transportation Group, a North American freight and logistics company, said it has acquired Orbis Logistics to add final-mile delivery capability and expand its distribution services in the U.S.
June 22, 2015Diesel Price Falls for Fourth Week, Slipping 1.1¢ to $2.859
Diesel’s national average price dipped 1.1 cents to $2.859 per gallon, the fourth consecutive drop, the Department of Energy reported June 22.
Senate Panel to Mark Up 6-Year Highway Bill June 24
The Senate Environment and Public Works Committee has scheduled a markup on June 24 of legislation that would reauthorize highway programs.
Sales of Existing Homes Rose in May to Highest Since 2009
Previously owned U.S. homes sold in May at the fastest pace since November 2009, driven by first-time buyers and indicating budding momentum in the residential real estate market.
June 22, 2015