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.
Information Technology Helps Speed Parcels, Improves Efficiency, Service Providers Say
Package delivery has become an information business, with technology creating greater visibility into the supply chain, allowing fleets to become more efficient, decrease ground transit times and provide near real-time tracking for shippers and receivers, according to interviews with several service providers.
April 22, 2013Fleets Turn Trucking Shows Into Driver Job Fairs
MONTREAL — Truck shows used to be primarily for fleets to view and buy new equipment. But these days, many carriers are becoming exhibitors and the commodity they’re in the market for is drivers.
April 22, 2013L.A. Port Plan ‘Coercive,’ ATA Tells Supreme Court
WASHINGTON — The Port of Los Angeles is violating a federal preemption law by imposing “binding standards of conduct” on carriers that want to access the nation’s largest port, an attorney representing American Trucking Associations told the U.S. Supreme Court last week.
April 22, 2013EPA OKs Navistar 13-Liter Engine
The U.S. government has certified Navistar’s MaxxForce 13 engine as being compliant with 2010 emissions regulations, enabling the company to begin shipping approved heavy-duty vehicles by the end of April.
April 22, 2013McLeod Software Expands Into Canada
MONTREAL — Transportation management software provider McLeod Software said it is offering all its products in Canada for the first time.
April 22, 2013Diesel Prices Drop 3.5¢ to $3.942
The U.S. diesel average price declined 3.5 cents last week to $3.942 a gallon, the Department of Energy reported, while the price of crude oil tumbled to its lowest level this year.
April 22, 2013Werner’s 1Q Net Income Falls
Werner Enterprises’ first-quarter profit slipped 18% from a year ago, the company said, citing colder-than-normal weather and startup business costs in several of its units.
April 19, 2013Forward Air’s First-Quarter Income Rises
Forward Air Corp. said its first-quarter net income rose from a year ago, and that its revenue also improved.
April 19, 2013TransForce Reports Lower 1Q Profit
Canadian transportation firm TransForce Inc. said its first-quarter net income dropped, on persistent softness in the economy.
April 19, 2013Boston Area Locked Down as Police Search for Terrorism Suspect
Boston and its surrounding areas were in lockdown Friday as police searched for a suspect from Monday’s bombing at the Boston Marathon, news reports said.
April 19, 2013