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.
Robust Trucking Drives Economy Forward
The trucking industry today operates at or near capacity, a testament to the resiliency of the U.S. economy that has rebounded from the depths of the recession.
December 15, 2014More Relief at the Pump
Three-dollars-a-gallon diesel. It’s a phrase that many truckers thought they may never utter again.
December 15, 2014Predictive Maintenance Is Focus at Volvo, Mack Uptime Center
GREENSBORO, N.C. — Volvo Trucks and Mack Trucks offered a glimpse into their new Uptime Center, where 630 employees monitor vehicles around the clock, and the companies say major advancements in fleet management and remote diagnostics will be developed.
December 15, 2014Alabama Fuel-Tax Exemption Discriminates Against Rails, CSX Tells Supreme Court
WASHINGTON — The Supreme Court last week heard arguments in a case that could cost some states millions of dollars in lost fuel-tax revenue and allow railroads to pay less for fuel than truckers.
December 15, 2014Reports Outline Highway Funding Needs, How Investments Could Boost Economy
Highway funding advocacy groups issued reports last week on the need for greater investment, laying the groundwork for an effort to persuade Congress to pass a long-term bill next year.
December 15, 2014Industry Advocate Pennington Dies at 64
Longtime trucking industry figure Mike Pennington passed away suddenly Dec. 5. He was 64.
December 15, 2014FMCSA Ends Inspection Reporting Unless Drivers Find Vehicle Defects
The Federal Motor Carrier Safety Administration has rescinded a requirement that commercial drivers file inspection reports when there are not any vehicle defects or deficiencies.
December 15, 2014Konezny to Depart Trimble
Ron Konezny, head of Trimble Navigation’s global transportation and logistics division, said he is leaving to become CEO of Digi International Inc.
December 15, 2014Shortage of Freight Rail Locomotives Seen on Emissions Rules, Production Cutbacks
A shortage of locomotives to power intermodal and other rail freight is looming because of restrictions on future production and current constraints stemming from carrier delays, industry experts said.
December 15, 2014West Coast Port Talks Drag On
Labor talks at West Coast ports dragged into their eighth month last week, with continued reports of cargo slowdowns, freight diversions and officials pleading for a tentative agreement.
December 15, 2014