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.
BNSF Railway Re-evaluates Plan for Safer Cars Amid Client Talks
BNSF Railway Co. is reconsidering a plan to buy 5,000 oil-tank cars built to new safety standards after some customers voiced concern about the initiative.
Webb Wheel Launches Specialty-Truck Business Unit
Webb Wheel Products Inc. announced that it has established an independent business unit focusing exclusively on the needs of the specialty truck and vocational markets.
January 12, 2015A Comeback for Dedicated Contract Carriage
A crisis in trucking capacity is forcing shippers to embrace new strategies to keep their freight moving while maintaining customers’ delivery commitments.
January 12, 2015Editorial: Progress Unrewarded
For now, fleet managers will have to settle for the notion that virtue is its own reward with respect to trucking’s superior performance on drug testing for drivers and other safety-sensitive employees.
January 12, 2015TT Archives: Nixon Presents Driver of the Year Award
Receiving the “Driver of the Year” award would be a memorable moment for any truck driver so honored, but it was extra special for Raymond Motor Transportation driver Clarence Hoffman in 1972 when he was presented the trophy by President Nixon.
January 12, 2015Feds Keep Drug-Test Rate
The Federal Motor Carrier Safety Administration said the nation’s trucking companies must continue random drug testing for at least 50% of drivers and other “safety sensitive” employees during 2015.
January 12, 2015Dec. Class 8 Orders Jump 38%, Capping Best Year Since 2004
Class 8 truck orders jumped 38% to 43,900 units in December, capping the industry’s second-best year on record, ACT Research reported.
January 12, 2015Package Carriers Improve On-Time Delivery During Critical Holiday Shopping Season
Package carriers dramatically improved their on-time delivery performance at the tail end of the Christmas shopping season, preventing a repeat of the delays that sparked a consumer outcry a year earlier.
January 12, 2015Penske Petitions US Supreme Court to Overturn Calif. Meal-Break Law
Penske Logistics last week asked the U.S. Supreme Court to overturn an appeals court decision upholding California’s meal-break law.
January 12, 2015Teamsters’ LTL Organizing Efforts Resume;Con-way Defeats Union at Calif. Terminal
Elections for labor union representation resumed last week as Teamsters efforts to organize workers at two of the three largest less-than-truckload carriers do not show signs of slackening.
January 12, 2015