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.
Truckload Turnover Remains Elevated as Fleets Try More Retention Methods
Truckload driver turnover remains stuck at historically high levels as fleets pursue every possible approach to retain them, American Trucking Associations reported last week.
April 6, 2015Consolidation in Truck Technology Sector Opens Door for Innovation, Companies Say
Consolidation in the trucking technology sector is opening up new possibilities for product development, including more comprehensive offerings and deeper integrations, technology executives and analysts said.
April 6, 2015TMAF Meets First-Year Fundraising Goal, Plans to Expand Message During 2015
LOUISVILLE, Ky. — After reaching its $1 million fundraising mark for 2014, a coalition that promotes the trucking industry’s image and safety record plans to raise more this year, an industry executive said here March 25 at the Mid-America Trucking Show.
April 6, 2015Product Integration Among Competitors A Growing Trend in Technology Sector
Trucking technology companies said they will continue to offer product integrations with outside vendors, even as mergers and acquisitions increasingly bring their partners under the same corporate ownership as their direct competitors.
April 6, 2015Energy, Environment Critical Issues for Trucking, Volvo CEO Persson Says
LOUISVILLE, Ky. — Energy and the environment remain issues of great importance for trucking, in terms of the types of fuels consumed and the resulting laws and regulations, the CEO of Volvo Group said.
April 6, 2015FMCSA Official Defends CSA, New App; Truckers Express Concern, Frustration
LOUISVILLE, Ky. — A senior Federal Motor Carrier Safety Administration official defended the Compliance, Safety, Accountability program and the recently unveiled smartphone app designed to facilitate access to the program’s ratings and performance data.
April 6, 2015Drivers Worry Federal Medical Guidelines Could Result in Additional Disqualifications
LOUISVILLE, Ky. — Drivers attending the Mid-America Trucking Show criticized current medical guidelines, but a Federal Motor Carrier Safety Administration official stressed the need to ensure they are fit to work.
April 6, 2015Diesel Average Hits Five-Year Low
Diesel’s national average retail price fell to a five-year low, dropping 4 cents to $2.824 a gallon, the Department of Energy reported.
April 6, 2015Flatbed Carriers Await Spring’s Freight Bloom
Flatbed freight markets in the early spring generally are solid, but the hoped-for surge from housing-related business hasn’t yet begun.
April 6, 2015Obama Revises Road Plan to Six Years, $478 Billion
The Obama administration released a new version of its highway funding proposal, which extends the length of the plan to six years from four and boosts funding to $478 billion from $302 billion
April 6, 2015