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 TMC Chairman Kevin Tomlinson Laments Technician Shortage
NASHVILLE, Tenn. — Kevin Tomlinson acknowledges that he and his fellow technicians might share some of the blame for the trucking industry’s technician shortage.
February 23, 2015Truckload Driver Pay to Rise for Years, Executives, Analysts Forecast
CORAL GABLES, Fla. — The accelerating pace and amount of truckload driver pay increases during 2014 will show no letup this year, and probably beyond, industry executives and experts predict.
February 23, 2015Food Industry Confronts Tight Capacity, New Regulations as Global Demand Grows
Food producers and shippers are adjusting to changes in their transportation needs just as increasing demand for products and supplies is running up against forthcoming rules that will regulate the condition of the industry’s goods and shipping equipment.
February 23, 2015Labor Secretary Takes Role in West Coast Port Stalemate
West Coast contract negotiations continued to drag on without resolution last week despite the injection of Labor Secretary Tom Perez into the talks and mounting political pressure.
February 23, 2015House Panel to Begin Highway Bill Work; Anthony Foxx to Testify on Transportation Funding
A House appropriations subcommittee will embark this week on the ambitious task of stitching together a fiscal 2016 highway and transit funding bill that can win support in both chambers of Congress before the current fiscal year ends Sept. 30.
February 23, 2015FMCSA Delays Publication of E-Log Rule to November
NASHVILLE, Tenn. — An official with the Federal Motor Carrier Safety Administration said the agency plans to publish its final electronic logging device rule in November, rather than on the agency’s previous projected date of Sept. 30.
February 23, 2015Foxx Takes Bus Tour Through Southeast to Highlight Infrastructure Funding Needs
For the second time in less than a year, Transportation Secretary Anthony Foxx toured regional infrastructure projects in a bid to press Congress to pay for new highways.
February 23, 2015Diesel Gains for 2nd Week
U.S. retail diesel prices rose last week, by 3 cents a gallon, the first back-to-back increase for the fuel average since June.
February 23, 2015West Coast Port Dockworkers Union, Employers Agree to Deal
West Coast dockworkers and their employers reached a five-year contract deal Feb. 20, averting a shutdown of 29 ports that could have cost the U.S. economy $2 billion a day, Labor Secretary Tom Perez said.
February 21, 2015Sysco to Contest FTC Move Blocking Merger With U.S. Foods
Sysco Corp. said it will contest a move by the Federal Trade Commission to block its proposed merger with US Foods.
February 20, 2015