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.
PMA Asks for Federal Mediation in West Coast Port Labor Dispute
West Coast port terminal operators have asked for federal mediation to break a logjam in the eight-month contract negotiations with longshoremen.
Southern California Ports Move to Reduce Cargo Pile-ups at Docks
Southern California’s largest ports, Los Angeles and Long Beach, which handle 40% of U.S. imports, are taking steps to reduce cargo congestion that has slowed the delivery of goods across the country.
iTECH: Generating Returns From Tech Spending
Carriers feel constant pressure to keep up with the latest technology, but choosing when and how to invest precious capital is not easy. There’s no simple tried-and-true formula for calculating the return on investment. One size doesn’t fit all in this industry.
December 23, 2014iTECH: Scale Technology to Meet Business Demands
Even when investment returns are calculated accurately, there are pitfalls that can keep companies from gaining all of the expected paybacks. One danger is creating ROI numbers based on a full-fleet installation and then deploying the technology to only part of the fleet.
December 23, 2014iTECH: Careful Review of Results Vital for Technology ROI
ROI numbers can come from many sources, so the issue arises of which numbers can be trusted.
December 23, 2014iTECH: Positive Focus Helps Fleets Keep Drivers
“Focus on the positive” is a theme repeated by people who coach drivers. “We feel strongly that we should have something positive to say every time we speak with a driver,” said Jeff Baer of LinkeDrive.
December 23, 2014iTECH: Fuel-Efficient Driving=Safe Driving
When drivers adopt driving habits that increase fuel efficiency, the added benefit is that safety improves.
December 23, 2014iTECH: Target: Fuel Economy
Technology that incorporates everything from GPS location to ambient air temperature can help drivers maximize fuel efficiency, tech executives said.
December 23, 2014Diesel Plunges 13.8¢ to Four-Year Low $3.281
The price of diesel plunged 13.8 cents to $3.281 a gallon, the lowest level in four years, the Department of Energy reported Dec. 22.
Federal Appeals Court Halts $4.7 Million Award to CRST from EEOC
A federal court order for a U.S. government agency to pay nearly $4.7 million in attorneys’ fees and other expenses to a trucking company was put on hold when the 8th U.S. Circuit Court of Appeals remanded the case back to the trial court in Iowa.