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.
Letters: Stop Trafficking, Carriers as Brokers
I have been feeling a calling to do what I can to help stop and raise awareness against human trafficking in some way, and today I came across an organization called Truckers Against Trafficking.
April 8, 2013Editorial: Motor Carrier Challenges
This week’s Transport Topics illustrates some non-freight challenges that the trucking industry currently faces: scammers and juries that want to send “messages” to truckers by whacking their wallets.
April 8, 2013U.S. Military Reduces Scope of DTCI Cargo Program
The U.S. Army has removed all specialty and flatbed freight from its outsourced logistics Defense Transportation Coordination Initiative program because those freight categories have not produced the anticipated cost savings, Transport Topics has learned.
April 8, 2013Federal Authorities in Ohio Charge 28 With Bilking Fleets in Truck-Stop Scheme
Federal authorities in Ohio have charged 28 individuals with stealing a total of $1.7 million from U.S. trucking companies in a sophisticated money-wiring scheme pulled off at truck stops.
April 8, 2013Truck Orders Rise 10.4%
New orders for Class 8 trucks climbed 10.4% in March from a year ago and surpassed 20,000 for a sixth straight month, according to ACT Research.
April 8, 2013Auto Haulers See Major Gains as U.S. Retail Sales Surge
Auto haulers, who have struggled during five years of depressed sales of cars and light trucks, are finally enjoying some good times.
April 8, 2013Weather, Politics Slow Business in 1Q for Privately Held Fleets
As publicly traded carriers begin reporting first-quarter results later this week, executives from privately owned fleets told Transport Topics that the first three months of 2013 were choppy, with freight growth hampered by winter weather and uncertainty over federal economic policies.
April 8, 2013Brokers, 3PLs Raise Share of LTL Freight Shipments
Freight brokers and third-party logistics companies are making inroads in the less-than-truckload market, a trend that reflects the desire by those firms to expand and diversify beyond traditional truckload markets, according to industry analysts.
April 8, 2013Jury Awards $58.5 Million for Truck Crash
A New Mexico jury has awarded the family of a person killed in a 2010 truck-involved accident $58.5 million in damages, believed to be the largest truck accident verdict ever.
April 8, 2013Obama Expected to Pressure Congress to Increase Spending on Infrastructure
President Obama is expected to unveil a budget Wednesday that contains billions of dollars in new infrastructure funding as he steps up pressure on Congress to invest in the nation’s roads, bridges, ports and public transit.
April 8, 2013