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.
Penske to Appeal Meal Break Ruling to Supreme Court
Attorneys for Penske Logistics said they plan to ask the U.S. Supreme Court to review an appellate court’s decision upholding a California law requiring employers to provide a paid 30-minute meal break for employees working more than five hours.
Quality Begins Intermodal Rail Service
Quality Carriers Inc. said it has started a bulk rail intermodal service for North America because of capacity issues due to the driver shortage.
September 17, 2014Peterbilt Debuts New Garbage Truck Configuration
Peterbilt introduced a right-hand stand-up configuration for its Model 320 garbage truck, which the company says continues to gain in popularity.
September 17, 2014Homebuilder Confidence Rises to Nine-Year High
Confidence among U.S. homebuilders rose in September to a nine-year high, showing the industry is gaining ground and will be a source of momentum for the economy.
September 17, 2014McLeod Aims to Provide ‘Frictionless’ Data Flow
OXON HILL, Md. — McLeod Software said its latest development efforts are aimed at enabling the “frictionless” flow of data to help its trucking and third-party logistics customers operate more efficiently and make better business decisions.
UPS Plans to Boost Holiday Hiring
UPS Inc. said it plans to hire as many as 95,000 seasonal workers, an increase of nearly 75%, to handle increased peak season holiday shipments.
September 16, 2014DAT Report Shows Loads Rise 32% in August
The latest DAT report of spot freight market activity showed a 32% increase in freight volume in August from last year.
September 16, 2014Clean Energy, Mansfield Form Nat-Gas Joint Venture for Bulk-Fuel Market
Clean Energy Fuels Corp. and Mansfield Energy Corp. announced the formation of a joint venture that will provide natural-gas fueling to U.S. bulk-fuel haulers, a segment that consumes more than 3 billion gallons of fuel every year.
Container Traffic Rises at Port of L.A., Drops at Long Beach
Container traffic at the Port of Los Angeles increased in August, but it dropped at the Port of Long Beach from a year ago.
September 16, 2014Diesel Resumes Decline, Slipping 1.3¢ to $3.801
Diesel resumed its downward trend after a one-week hiatus, slipping 1.3 cents to $3.801 a gallon, the Department of Energy reported.