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.
Diesel Declines 1.5¢ to $3.988 a Gallon
Diesel fell for the third time in four weeks, dipping 1.5 cents to $3.988 per gallon, the Department of Energy reported.
Bestway Express President Shepard Dunn Elected TCA Chairman
GRAPEVINE, Texas — Shepard Dunn, president of Bestway Express Inc., in Vincennes, Ind., has been voted in as chairman of the Truckload Carriers Association at the group’s 76th annual convention here this week.
British Columbia Introduces Back-to-Work Legislation for Port of Vancouver Trucker Strike
Back-to-work legislation has been introduced by the British Columbia government for drayage truckers on strike at Port Metro Vancouver, Canada’s largest port.
March 24, 2014Average Driver Age Rising; Tenure Declines, Report Finds
The average age of drivers has increased two years for males and three years for females as tenure has declined to less than two years, according to a report released by Sylectus.
March 24, 2014Pacific 9 Transport, Teamsters Reach Settlement on Organization Effort
Pacific 9 Transportation, a Los Angeles-area port trucker, and the Teamsters have reached a settlement agreement that bars the carrier from penalizing drivers who support the union’s effort to organize them.
Obama Signs Bill Easing Restrictions for Propane Delivery
President Obama has signed into law legislation intended to help provide emergency relief during the propane and home-heating fuels crisis.
Weights and Measures Committee to Vote on Standard for Nat Gas, Diesel-Gallon Equivalent
A special steering committee of the National Conference on Weights and Measures has recommended that compressed and liquefied natural gas be sold in terms of gasoline and diesel gallon equivalents.
March 24, 2014Carriers Looking to Hire Veterans Should Use Social Media, Expert Says
GRAPEVINE, Texas — If carriers desperate for drivers are looking to hire veterans, they had better use online sites and social media to find them, an outreach and media specialist said during a presentation at the annual Truckload Carrier Association’s convention here this week.
Omnitracs Announces Truck Technology Enhancements
Truck technology supplier Omnitracs announced several enhancements.at the 2014 Truckload Carriers Association annual convention.
March 24, 2014CSAV, Hapag-Lloyd to Become Fourth-Largest Container Line
Cia. Sud Americana de Vapores SA shareholders approved a proposed combination of its container shipping operations with Germany’s Hapag-Lloyd AG to create the world’s fourth-largest container line.
March 24, 2014