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.
Welch Removes Rogers as Head of YRC Freight
YRC Worldwide Inc. CEO James Welch has put himself in charge of the company’s $3.3 billion a year less-than-truckload unit, replacing Jeff Rogers, who departed as profit-improvement efforts sagged.
September 30, 2013Tonnage Sets New Record
American Trucking Associations tonnage index reached another record in August, rising 6.9% from a year earlier as prospects brighten for continued improvement in some freight markets.
September 30, 2013Companies Use Graphics on Trucks, Trailers to Honor Military Veterans, Recruit Drivers
When Dave Anderson and his wife, Lois, purchased Bay & Bay Transportation in 1988, Dave, a Vietnam War veteran, wanted his equipment to reflect the sacrifice he and his fellow servicemen and women made for his country.
September 30, 2013TMW Announces Product Enhancements to Help Carriers Track, Analyze Data
ANAHEIM, Calif. — TMW Systems Inc. announced upgrades and improvements to its products, as well as new integrations with third parties to help carriers track and analyze data.
September 30, 2013Boxer Proposes Fuel-Tax Overhaul For Funding U.S. Highway Projects
The head of the Senate committee that will write the next highway funding bill said last week she wants to end the federal fuel taxes that truckers and others pay at the pump.
September 30, 2013Trailer Orders Rebound During August, But Still Lag Year-Ago Pace, Report Says
Trailer orders rose 4.1% in August from a year earlier to 15,780, the highest level in four months, ACT Research reported.
September 30, 2013Class 8 Demand to Jump 15% in 2014 on Rising Freight Market, ACT Reports
COLUMBUS, Ind. — Demand for new Class 8 equipment should rise about 15% next year, powered by a stronger domestic freight market and the ongoing need to replace old tractors, ACT Research reported.
September 30, 2013Diesel Down 2.5¢ to $3.949; Largest Dip in Five Months
The average price of a gallon of diesel fuel dipped 2.5 cents to $3.949, the second straight decline and the largest one-week drop in five months, the Department of Energy reported Sept. 23.
September 30, 2013Faulty Directions to Fairbanks International Airport Disabled by Apple
Faulty driving directions to Fairbanks, Alaska International Airport have been disabled by Apple after two people drove onto a runway, the Associated Press reported.
September 27, 2013Jacksonville Bridge Closed After Struck by Ship
The Mathews Bridge, a major east-west artery in Jacksonville, Fla., is closed indefinitely after being struck by a ship Sept. 26, the Associated Press reported.
September 27, 2013