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.
Accellos Updates Supply Chain Software
Accellos has updated its software to be compatible with Microsoft’s business database software, Dynamics AX 2012 R3, the supply chain-software company said.
June 16, 2014Manufacturing in New York Area Rises in June
Manufacturing activity in the New York region increased in June, the Federal Reserve Bank of New York said June 16.
June 16, 2014Celadon to Provide Transportation Management to Commercial Vehicle Group
Celadon Logistics said it has been selected to provide transportation management services to Commercial Vehicle Group for CVG’s North American operations.
June 16, 2014Time to Lock in Rates
Recent articles have stated that truck capacity is running close to 100%. Industry experts have been saying the increased freight volume that comes with sustained economic growth, plus other factors such as a long bout of poor weather, could create a truly critical situation.
June 16, 2014Letter: OOIDA's Hazy Logic
I don’t know what Owner-Operator Independent Drivers Association leadership was smoking when it called for the dismissal of FMCSA Administrator Anne Ferro, but I hope they were in the states of Washington or Colorado.
June 16, 2014Tragedy in New Jersey
"Hard cases make bad law,” attorneys have been saying since the 19th century, and the corollary becoming apparent after recent events in New Jersey is that dramatic events can lead to poor regulation.
June 16, 2014Truck Sales Remain Strong
U.S. Class 8 retail sales continued their brisk pace in May, rising 16.4% from the same month last year to 17,990 trucks, marking the fourth straight month of double-digit percentage growth, Wards Auto.com reported.
June 16, 2014New Century’s Shutdown Leaves Workers Scrambling
New Century Transportation Inc., which reported $267 million in revenue last year but was plagued by funding problems, abruptly shut down and filed for bankruptcy last week, leaving nearly 1,600 workers scrambling to find new jobs.
June 16, 2014Fatigue in National Spotlight After Deadly Crash in N.J.
The truck-involved crash that critically injured comedian Tracy Morgan and killed a colleague is shining a spotlight on highway safety and driver fatigue as Congress simultaneously tackles those issues.
June 16, 2014Used Class 8 Truck Prices Surge as 2012 Models Hit Marketplace
An influx of 2012 models has pushed average used-truck pricing to record levels and could help alleviate the shortage of newer, lower-mileage equipment in the secondary market, analysts said.
June 16, 2014