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.
New Trailer Orders Slide 30% in February as Manufacturers Tackle Massive Backlog
Trailer orders fell 30% in February to 20,700 units from the same time a year ago, ACT Research Co. reported, although analysts attributed the decline to a load of backorders late last year.
April 6, 2015Transportation Groups to ‘Stand Up for Transportation’
The American Public Transportation Association has assembled a coalition of business groups, state transportation agencies and other stakeholders to host “Stand Up for Transportation” events nationwide April 9.
April 6, 20152015 MATS Breaks Attendance Record
The 2015 Mid-America Trucking Show set an attendance record of 81,768, eclipsing the old mark by 1%, organizers announced.
April 3, 2015Trucking Loses 6,800 Jobs in March; Unemployment Rate Holds at 5.5%
The trucking industry lost 6,800 jobs in March as overall U.S. payrolls rose by 126,000, and the unemployment rate held at 5.5%, the Labor Department said April 3.
April 3, 2015HOS Exemption Granted to McKee Foods Transportation
The Federal Motor Carrier Safety Administration has granted a sleeper berth hours-of-service exemption to McKee Foods Transportation.
Class 8 Orders Decline in March for First Time in 26 Months
New orders of Class 8 trucks slipped 9% in March, ending a streak of 25 straight months with year-over-year growth in order intake, ACT Research reported.
DOT Announces Next Round of TIGER Grants
The U.S. Department of Transportation is making $500 million in grants available for states and municipalities that need help to pay for infrastructure projects.
April 2, 2015Drivers, Carriers Invited to Vie in ‘Fittest Trucker In America’ Competition
Prime Inc. challenged other fleets to send their fittest male and female truck drivers to its third annual “Fittest Trucker In America” competition.
April 2, 2015DOT Provides $209 Million Loan for Ohio Bypass
The U.S. Department of Transportation on April 1 announced a $209 million loan for the Portsmouth Bypass project in Ohio, the state’s largest single construction project and the first to rely on a public-private partnership.
April 2, 2015Labor Dispute at West Coast Ports Contributes to Trade Deficit Shrinking to Five-Year Low
The trade deficit in the U.S. shrank in February to the lowest level in more than five years as a labor dispute at West Coast ports contributed to the weakest reading on purchases from abroad since 2011.
April 2, 2015