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.
FedEx Freight’s Logue to Retire; Knight to Relinquish CEO Post
Two well-known trucking CEOs announced that they will step aside at the end of 2014.
November 10, 2014Teamsters Elections Scheduled This Week at Terminals of Con-way Freight, FedEx
Contentious union organizing battles are continuing this week with representation elections at Con-way Freight and FedEx Freight.
November 10, 2014Omnitracs Completes XRS Corp. Acquisition
Omnitracs said it has completed its acquisition of XRS Corp. for about $178 million and plans to tightly integrate the business into its main operations.
November 10, 2014Fleets Say Insurance Standards Make Hiring New Drivers Hard
Truck-driver training schools are the obvious place for fleets to look for new drivers, but the recruiting challenge for small trucking companies is being made more difficult by underwriter standards, insurance and fleet executives said.
November 10, 2014Election Results in States Highlight Funding Woes
Those sifting last week’s state election results for clues about the future of transportation issues may find more contradictions than answers.
November 10, 2014Transporting Ebola Waste a Daunting Task for Eight Approved US Hazmat Haulers
The job of transporting an Ebola victim’s personal property and waste from the hospital to the landfill is frightening to the average person considering so little is known about the contagious deadly disease.
November 10, 2014Fuel Prices Continue to Decline as Oil Drops Below $80 a Barrel
Diesel’s national average pump price continued to drop last week, falling 1.2 cents to $3.623 a gallon, while retail gasoline slid below the $3 mark for the first time in almost four years, the Department of Energy reported.
November 10, 2014Freight Groups Ask White House for West Coast Port Talks Mediator
More than 100 groups that are concerned about the direction of newly contentious West Coast port contract talks asked President Obama to name a federal mediator to foster a settlement.
Trucking Adds 3,900 Jobs in October
The trucking industry added 3,900 jobs in October, and the unemployment rate edged down to 5.8%, declining for the third consecutive month, the Labor Department reported on Nov. 7.
Talbert Acquires Ferree Trailers
Trailer maker Talbert Manufacturing said it has acquired counterpart Ferree Trailers for an undisclosed sum.