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.
England Van Lines to Retrofit Fleet With Stop-Start Tech
Moving company England Van Lines said it plans to retrofit its fleet with stop-start technology to allow drivers to coast through traffic lights without having to stop.
June 9, 2014Infrastructure Investment Vital to the Nation
Gridlock in Washington, D.C., is increasingly creating gridlock on our highways. Failure to invest responsibly in infrastructure has led to higher costs for everyone — from trucking companies to consumers.
June 9, 2014The Restart Amendment
Legislating on Capitol Hill has often appeared impervious to reality in recent years. Grandstanding, posturing, score-settling and fleeing unpleasant choices have frequently trumped problem-solving for Main Street.
June 9, 2014Senate Panel Takes Step to Fix HOS Restart
WASHINGTON — A Senate panel voted overwhelmingly June 5 to suspend for one year changes to the hours-of-service restart provision implemented last year by federal truck safety regulators, and also approved a fiscal 2015 transportation spending bill.
June 9, 2014May Truck Orders Rise 14%
Class 8 truck orders climbed 14.2% in May from a year earlier, ACT Research reported, providing analysts further evidence a gradual expansion of the nation’s truck fleet is under way.
June 9, 2014Regional LTL Carriers Take New Approaches to Enhance Interlining Experience, Execs Say
Regional carriers are reframing the long-used interline practice by forming alliances where they share information, extend less-than-truckload service over a wider area and drive business growth, trucking executives said.
June 9, 2014Transport Topics Promotes Editors, Adds Staff Reporter, Digital Editor
Transport Topics Publishing Group announced it has promoted Neil Abt to editorial director and Lorrie Grant to managing editor of the weekly newspaper.
June 9, 2014TransForce Agrees to Buy Transport America For $310 Million to Expand Presence in US
Canada’s TransForce Inc. agreed to buy Transport America Inc. for $310 million in order to expand in the U.S. truckload sector, a move that could signal a resumption of the acquisition trend in that market.
June 9, 2014April Truckload Shipments Rise
Truckload carriers’ freight volumes accelerated in April, rising 4.6% compared with last year, and recorded a sequential improvement of 3.7%, which was a two-year high, American Trucking Associations reported.
June 9, 2014Delaware Shuts I-495 Bridge Due to Structural Damage
The emergency closure of the wobbly Christina River Bridge in Wilmington, Delaware, last week turned shorthauls into long days for Sam Farruggio’s trucking fleet.
June 9, 2014