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.
Jack Cooper Sees Car Haulers Benefiting From Rail Delays
Jack Cooper Holdings Corp., the 87-year-old transporter of cars and light trucks, is preparing to haul more vehicles as rail delays cause automakers in the United States to seek alternatives.
OOIDA Says Speed Limiters Would Make Highways Less Safe
A mandate that would require speed-limiting devices on large trucks is not supported by solid science, the Owner-Operator Independent Drivers Association told federal regulators.
Durable Goods Demand Up 4% in March
Demand for all durable goods — items meant to last at least three years — rose 4% on aircraft and autos in March, data from the Commerce Department showed April 24.
April 24, 2015Expect a Very Short-Term Extension on Highway Funding, ATA Official Says
WASHINGTON — The transportation community should be ready to “expect a very short-term extension” to keep highway programs funded after funding authority expires at the end of May, American Trucking Associations Senior Vice President Chris Spear told reporters April 23.
Con-way Freight’s Buffalo Workers Vote Against Teamsters Union Representation
Employees at Con-way Freight’s Buffalo, New York, facility voted to reject representation by the Teamsters union, the company said.
Dossier Plans to Expand Integrations, Provide More Options for Its Fleet-Maintenance Software
BALTIMORE — Dossier Systems is working to expand partnerships with outside technology vendors while continuing to develop new ways for customers to interact with its fleet-maintenance software, company executives said here at the Dossier Users Group Summit.
Ritchie Bros. Plans Largest Canadian Auction April 28-May 1
Ritchie Bros. Auctioneers is set to hold its largest Canadian auction next week, and the downturn in the energy sector is playing a significant role in adding equipment to the auction block, according to Ritchie and Canadian industry officials.
April 23 Earnings Roundup: Covenant, Landstar, Hub Group,TransForce, Mullen
Truckload operators Covenant Transportation Group Inc. and Landstar System Inc. reported improved first-quarter results, while third-party logistics provider Hub Group Inc.’s earnings declined.
April 23, 2015FMCSA Seeks Public Comment on 'Beyond Compliance' Initiative
The Federal Motor Carrier Safety Administration has issued a request for public comment on its exploratory initiative to find ways to reward carriers who deploy safety technologies or implement safety programs that exceed regulatory requirements.
West Coast Port Gridlock Hampers Union Pacific Earnings
Union Pacific Corp., the largest U.S. railroad, posted first-quarter profit and sales below estimates as West Coast port congestion and slack coal demand caused carloads to decline.