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.
S.C. Port Truckers Must Register in Clean Truck Program by Dec. 31
Truckers doing business in South Carolina's ports have until Dec. 31 to register for the South Carolina Ports Authority’s Clean Truck Certification Program.
Paccar to Name Armstrong CEO; Pigott Remains Chairman
Truck and engine maker Paccar Inc. announced that company President Ronald Armstrong will succeed Mark Pigott as CEO on April 27.
Most Drivers Support Speed Limiters for Trucks, NHTSA Says
A majority of all drivers support mandating speed-limiting devices on trucks, according to the latest National Highway Traffic Safety Administration survey on driver attitudes and behavior.
ATA Seeks Study on Sleeper Berth HOS Rules
American Trucking Associations and the Minnesota Trucking Association are asking the federal government to do a pilot project to study whether greater flexibility in hours-of service-rules for truck drivers who use sleeper berths would affect highway safety.
Wreaths Across America Delivers 143,000 Wreaths to Arlington Cemetery
Truck drivers helped honor veterans Dec. 14 by taking part in an annual tradition of laying Christmas wreaths at the headstones of fallen U.S. soldiers at Arlington National Cemetery.
December 16, 2013Industrial Production Increases 1.1% in November
Industrial production rose by 1.1% in November, the most in a year, after a 0.1% increase the month before, the Federal Reserve reported Dec. 16.
December 16, 2013Most Carriers Predict Volume, Rate Increases in 2014, TCP Says
Most trucking companies are expecting that their volumes will increase and they will be able to raise their rates in 2014, Transport Capital Partners said.
December 16, 20133Q Productivity Revised Up to 3%
U.S. workers’ productivity rose at a 3% annual rate in the third quarter, up from a previously estimated 1.9%, the Labor Department reported.
December 16, 2013Radiant Logistics Announces Stock Sale
Radiant Logistics Inc. announced the sale of $20 million worth of preferred stock, with the intent of paying off a balance owed for senior subordinated notes.
December 16, 2013United Road Services Buys Waggoners’ Auto Division
Auto hauler United Road Services said it has acquired the car-hauling division of Waggoners Trucking, a move United Road said would nearly double its capacity.
December 16, 2013