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.
APM Expanding Capacity at Alabama Port
APM Terminals will add two new super-Post Panamax cranes and expand its Mobile, Alabama, port container yard by 20 acres as part of a $40 million infrastructure investment to expand the terminal’s capacity to meet growing demand, the company announced.
June 22, 2015Opinion: Food-Hauling Regulations Set to Change
The U.S. Food and Drug Administration will begin issuing final rules for the Food Safety Modernization Act in August, but the act will not fully impact the freight transportation industry until early next year, when the Federal Register publishes its most relevant section: Sanitary Transportation of Human and Animal Food.
June 22, 2015Editorial: Pennies From Heaven
It can be a frustrating endeavor to monitor the events on Capitol Hill. Our elected leaders are quite adept at saying the correct things, and we believe they aim to make the right decisions.
June 22, 2015TT Archives: Labor Issues
While labor issues carried top billing, the May 2, 1949 issue of Transport Topics also featured stories about advertising programs and finance that continue to resonate with today’s trucking industry.
June 22, 2015Graves Urges Fuel-Tax Hike
WASHINGTON — American Trucking Associations President Bill Graves again told lawmakers that raising federal fuel taxes is the best approach for paying for infrastructure projects, a position congressional leaders charged with uncovering more funding reject.
Cost of Trucks, Maintenance Offers Boost to Leasing Sector
The truck-leasing business is strengthening this year as fleets contend with the rising cost of new trucks and maintenance, industry officials said.
FedEx Settles Contractor Case
FedEx Corp.’s decision to settle a California driver-status case for $228 million likely will trigger more attacks on the independent contractor model nationwide, experts predicted.
Conspicuity Gear Helps Trailers Stand Out When Grime, Darkness Threaten Visibility
Dirt and road grime that end up on tractor-trailers as they travel can obscure conspicuity equipment, diminishing the role these lights, reflectors and decals are designed to play.
FedEx’s 4Q Helped by Rates, Cost Cuts
FedEx Corp. said net income was $753 million, or $2.66 per share, excluding one-time costs, for its fiscal fourth quarter ended May 31, reflecting stronger results at the Express, Ground and Freight units.
Hair Tests for Drug Use Poised for Endorsement
ROCKVILLE, Md. — An advisory board appears on track to issue a recommendation this summer that hair specimens be approved for preemployment drug screening of truck drivers and other safety-sensitive federal workers.