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.
GE Capital Launches Trucking Fuel-Card Program With WEX
GE Capital Transportation Finance announced June 1 it has launched a fuel-card services program designed for over-the-road trucking companies.
Quebec Carriers Express Mondor and Transport l’Épiphanie Reach Asset-Sharing Deal
Quebec-based carriers Express Mondor and Transport l’Épiphanie announced an agreement to share assets and coordinate management in order to increase productivity and better serve North American companies.
June 1, 2015Saia Renews Contract with Tech Supplier Vnomics
Saia Inc.’s less-than-truckload division has renewed its contract with technology supplier Vnomics Corp. for an additional four years, the companies said in a joint announcement.
Consumer Spending Stalled in April as Americans Saved More
Consumer purchases unexpectedly stalled in April as Americans used income gains to shore up savings, raising the risk the biggest part of the economy may take time to gain momentum after a slow start to the year.
Factories Expand as Orders Grow at Fastest Pace in Five Months
Manufacturing expanded more than forecast in May as orders grew at the fastest pace in five months, indicating the industry is starting to emerge from a first-quarter slump.
June 1, 2015CVSA to Kick Off Roadcheck in Spokane, Wash.
The Commercial Vehicle Safety Alliance kicks off its annual three-day Roadcheck inspection enforcement today in Spokane, Washington.
June 1, 2015TT Archives: Energy Crisis
A shortage of diesel fuel was headline news for trucking even before the Arab oil embargo in October 1973 led to long lines at the gas pump for motorists and calls for energy independence.
June 1, 2015Letters: Driverless Vehicles; New Highway Taxes?
The analyst in the Bloomberg News story, “Driverless Vehicles May Cut US Auto Sales by 40%, Analyst Says”, evidently assumed that autonomous vehicles would have to travel farther to account for deadhead miles to get to and from each person being served.
June 1, 2015Opinion: 4 Reasons Why Plan Execution Fails
Too often, owners and top executives develop strategic plans that excel in detail yet fail in execution.
June 1, 2015Editorial: Standardize DOD Delivery
"Semper Fidelis” goes the U.S. Marine Corps motto, meaning “always faithful.” Trucking is about as close as you can get to this venerable maxim without being an actual leatherneck, and trucking does have its share of such former Marines.
June 1, 2015