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.
Publishing Exec Brad Bentley Hired as President of Truckload Carriers Association
Alabama publishing executive Brad Bentley has accepted the presidency of the Truckload Carriers Association and will begin Oct. 13, both parties confirmed Sept. 18.
FMCSA Shuts Down Florida Carrier
The Federal Motor Carrier Safety Administration on Sept. 18 said it shut down a Florida-based motor carrier for violating various federal safety regulations, such as allowing drivers who tested positive for drugs to operate vehicles.
Tech Vendors Announce McLeod Integrations
OXON HILL, Md. — Several technology vendors announced deeper integrations with McLeod Software’s products last week in conjunction with the company’s 2014 user conference here.
ATRI Releases Sustainable Freight Practices Compendium
The American Transportation Research Institute has released a compendium of sustainable freight practices.
Volvo’s North American Deliveries Rise 22% in August
Volvo Group’s North American heavy-duty truck deliveries rose 22% in August from the same month last year, the company reported Sept. 18.
September 18, 2014Bendix to Debut Next-Gen Truck Safety System in 2015
Bendix Commercial Vehicle Systems said it will debut in 2015 an advanced next-generation safety system for trucks that fuses camera, radar and brakes.
September 18, 2014Container Volume at S.C. Ports Rises 13% in August
Container volume at South Carolina ports increased 13.3% in August from the same month last year, according to the state’s port authority.
September 18, 2014Housing Starts Drop in August
Housing starts slumped in August after reaching the highest level in almost seven years, pointing to an uneven pickup in the U.S. residential real-estate market that will limit its contribution to economic growth.
September 18, 2014Jobless Claims Decline to Two-Month Low of 280,000
The number of Americans filing applications for unemployment benefits plunged last week to a two-month low, a sign the labor market continues to strengthen.
September 18, 2014FedEx Corp’s First-Quarter Income Rises 24% to $606 Million
FedEx Corp. reported its fiscal first-quarter net income rose 24% to $606 million, or $2.10 per share, from $489 million, or $1.53, a year ago.
September 17, 2014