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.
FedEx Express to Test Electric Cargo Truck in D.C.
FedEx Express said it will begin testing a 100% electric vehicle under real conditions in Washington, D.C.
January 27, 2014ATA Debuts Streamlined Structure to Boost Federation’s Effectiveness
American Trucking Associations announced last week it had finalized changes to its organizational structure.
January 27, 2014New Home Sales Decline 7% in December
New home sales declined 7% in December, the Commerce Department reported Jan. 27.
January 27, 2014Alcoa Introduces New Aluminum Wheel
Alcoa Inc. said it has introduced a new aluminum commercial-truck wheel designed to resist corrosion caused by road salts and weather.
Comdata Inc. Agrees to Pay $100 Million as Part of Settlement With Truck Stops
Fuel-card provider Comdata Inc. and three major truck-stop chains announced they have agreed to settle a class-action lawsuit alleging anticompetitive practices that resulted in higher processing fees for smaller truck-stop businesses.
January 27, 2014Panama Canal Dispute With Contractors Won’t Delay Expansion, Official Says
ATLANTA — The expansion of the Panama Canal will move forward on schedule, despite an ongoing dispute with contractors, an administrator for the Panama Canal Authority told transportation executives.
January 27, 2014Opinion: Enterprise-Grade Mobility
Workforce equipment, technology, regulations and demographics continue to change, but truck driving has and will always be more than a job — it’s a lifestyle. Perhaps nothing illustrates this more today than watching drivers use smart phones and tablets.
January 27, 2014Truck Tonnage Rises 8.2%
Truck tonnage rose 8.2% last month to cap the strongest year in more than a decade, propelled by continued growth in heavyweight freight and newly resurgent van shipments, American Trucking Associations reported.
January 27, 2014Fleet Failures Increase in 4Q Despite Higher Freight Demand
A new report said fleet failures rose to the highest level in more than three years during the fourth quarter, even though freight demand improved, reversing a long-standing trend.
January 27, 2014Howard Will Succeed Retiring Lampert as DTNA Senior VP of Sales, Marketing
Daimler Trucks North America announced last week that Mark Lampert, senior vice president of sales and marketing, will retire at the end of March and be succeeded by longtime executive Richard Howard.
January 27, 2014