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.
N.Y. Manufacturing Activity Grows At Slower Pace in October
Manufacturing activity in the New York region expanded at a slower pace in October, the Federal Reserve Bank of New York said Oct. 15.
October 15, 2013UPS Teamsters Back 5 of 7 Side Deals
Teamster package workers at UPS Inc. have approved five of seven supplemental agreements as the process of contract ratification proceeds at the carrier.
DOE Suspends Fuel Statistics Operations, Will Not Release Diesel-Price Survey
The Department of Energy’s Energy Information Administration suspended its operations Oct. 11 and the agency will not release its weekly fuel-price survey scheduled for Oct. 15, it said.
October 15, 2013Navistar’s Credit Rating Downgraded by S&P
Standard & Poor’s last week downgraded Navistar International Corp.’s long-term credit rating, voicing skepticism about the truck and engine maker’s efforts to rebuild market share.
October 14, 2013UPS to Spend $50 Million For 9 More LNG Stations
The use of natural gas as a trucking fuel was back in the spotlight last week, as the largest U.S. trucking company and a key fuel supplier announced new investments.
October 14, 2013Los Angeles Port Chief Knatz to Retire; Led Clean Truck Plan Implementation
Geraldine Knatz, the executive director of the Port of Los Angeles who oversaw implementation of the Clean Truck Program, announced she will retire next month.
October 14, 2013Large Truckload Turnover Rises
Driver turnover rates in the second quarter showed signs of stability, but at an elevated level, rising 2 percentage points from the first quarter to 99% at large truckload fleets and remaining unchanged at 82% among smaller carriers, American Trucking Associations reported last week.
October 14, 2013Letters: Truck Graphics, Middle Management
We enjoyed your great feature on members of the trucking industry who utilize graphics to promote their services, but thought we would be remiss if we did not take the opportunity to share the efforts Werner Enterprises has undertaken to recruit members of the armed forces to our team.
October 14, 2013Opinion: Transportation Tech’s Tipping Point
There’s no denying that technology is rapidly changing the shipping and logistics industry. These changes are making warehousing more efficient, dispatching faster, planning easier and communications smoother — and that’s just the tip of the technological iceberg.
October 14, 2013Editorial: Not Without Victims
More proof that the partial government shutdown sparked by the political impasse in Washington isn’t a “victimless crime” comes in the form of our story that U.S. military business with trucking fleets has come to a virtual standstill.
October 14, 2013