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.
Tentative Accord Reached in Vancouver Port Dispute
Truckers at Port Metro Vancouver reached a tentative agreement March 6 to avert a strike that could have further crippled traffic at Canada’s largest port.
Schneider Adopts Predictive Analytics from FleetRisk
FleetRisk Advisors said truckload carrier Schneider will adopt its driver safety and driver retention predictive analytics models throughout its fleet, marking the technology supplier’s largest deployment.
March 6, 2014Vitran Shareholders Approve Sale to TransForce
Vitran Corp. said shareholders on March 5 approved the sale of the less-than-truckload service to TransForce Inc.
March 6, 2014FTR Trucking Conditions Index Increases in January
FTR’s Trucking Conditions Index rose to 8.82 in January, reflecting a “very positive environment” in the trucking business, the transportation forecasting firm said.
March 6, 2014Canada Orders Independent Review of Vancouver Port Trucking Issues
Canada’s federal government has appointed an independent expert to review the issues that have caused some truck drivers at Port Metro Vancouver to stop working and may cause even more to step off the job.
March 6, 2014Traffic Congestion Grows 6% in 2013
Highway traffic congestion in the United States grew 6% in 2013 compared with the previous year, more than three times the rate of inflation, according to traffic tracking firm Inrix Inc.
March 6, 2014Productivity Slows in Fourth Quarter
U.S. workers’ productivity rose in the fourth quarter at a slower rate than previously estimated, the Labor Department reported.
March 6, 2014Factory Orders Decline in January
Factory orders declined 0.7% in January, the Commerce Department reported March 6.
March 6, 2014Colorado Senate Passes Anti-Indemnification Bill
Colorado’s Senate passed a bill March 5 that would block shipping contracts that make truckers assume full liability for crashes no matter who is at fault.
March 6, 2014Jobless Claims Fall to Lowest Level in Three Months
Initial jobless claims declined last week to the lowest level in three months, the Labor Department reported March. 6.
March 6, 2014