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.
Nafta Trade Value Rises 8.5% in July as Trucks Carry Three-Fifths of Freight
U.S. trade with Canada and Mexico in July increased to $101.1 billion, up 8.5% from 2013, and trucks carried three-fifths of the freight, the Bureau of Transportation Statistics reported Sept. 25.
September 25, 2014Mack to Provide Truck for Industry-Safety Campaign
Mack Trucks said it will sponsor American Trucking Associations’ Share the Road safety campaign for the 13th year and provide a 2014 Mack Pinnacle.
September 25, 2014Drivers Gain From Wage Race as Truckers Turn Away Cargo
Tommy Walters, hauling lawnmowers to Rhode Island from Maryland with his Boston terrier Daisy riding shotgun, is feeling flush these days after the biggest raise of his 17-year trucking career.
September 25, 2014DHL Beats Amazon, Google to First Planned Drone Delivery
Deutsche Post AG, Europe’s largest postal service, is about to begin deliveries of medication and other urgent goods to the island of Juist using unmanned helicopters after securing approval from state and federal transport ministries and air traffic control authorities to operate in a restricted flight area.
September 25, 2014Wabco Debuts App to Control Truck Safety Systems
Wabco has developed an app for mobile devices to monitor and control several safety systems on a truck and trailer.
September 25, 2014Fedex’s McLean Repeats as TMC SuperTech Champion
ORLANDO, Fla. — Mark McLean Jr. of FedEx Freight was crowned TMC SuperTech grand champion for the second straight year, helping FedEx sweep the top three spots.
September 25, 2014Cost Per Mile Increasing With Wages, ATRI Study Says
The average marginal cost per mile for truck drivers rose to $1.68 in 2013 from $1.63 in 2012, according to a report from the American Transportation Research Institute.
WheelTime Launches TMC SuperTech-Inspired Training Program
WheelTime Network said it has launched a new technician training program based on the Technology & Maintenance Council’s annual TMC SuperTech competition.
September 25, 2014Durable Goods Orders Drop on Lower Aircraft Orders
Durable goods orders fell by 18.2% in August, as commercial airline orders plunged, the Commerce Department reported Sept. 25.
September 25, 2014Jobless Claims Rise by 12,000 Last Week
First-time jobless claims climbed 12,000 to 293,000 in the week ended Sept. 20, the Labor Department reported.
September 25, 2014