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.
EPA Proposal on Insulation Raises Reefer-Sector Concern
A final U.S. Environmental Protection Agency regulation expected this summer has generated significant concerns from suppliers to the refrigerated trucking sector, with the main worry being that a January 2017 rollout date is too soon.
May 25, 2015QuickBooks for Trucking: Connecting QuickBooks to Your TMS
Learn how Truckbase connects QuickBooks for trucking and your TMS to help you marry your trucking-specific data in your TMS with your financial data in QuickBooks.
New Class 8 Registrations Up 13%; Total US Fleet Size Hits 3.82 Million
Initial registrations of new Class 8 trucks rose 13% in the first quarter compared with the same period last year but declined sequentially for the second straight quarter, IHS Automotive reported.
May 25, 2015Senate Sends Highway Fix to Obama for Approval
The Obama administration had expressed support for a measure the Senate passed May 23 that would extend funding authority for highway programs through July 31.
May 25, 2015Diesel Climbs 2.6¢ to $2.904, Spread With Gasoline Narrows
Diesel’s national average price rose for the fifth straight week, climbing 2.6 cents to $2.904 a gallon, the Department of Energy reported May 18.
May 25, 2015Nat Gas May Increase Emissions, Group Says
A switch to cleaner-burning natural gas as a fuel for heavy-duty trucks actually could increase global warming.
May 25, 2015Senate Sends President Two-Month Highway Funding Extension
The Senate on May 23 easily passed a two-month extension of highway funding authority, sending the measure to the president for his signature. TT's Eugene Mulero discussed on C-SPAN.
Trailer Orders Drop 31% in April Due to Limited Build Slots, ACT Says
Trailer orders dropped 31% in April compared with a year ago, ACT Research said, but the firm attributed the decline to a shortage of remaining manufacturing capacity rather than weaker demand.
Sen. Jeanne Shaheen: D.C. Roads Feel Like a ‘Third World Country’
Sen. Jeanne Shaheen (D-N.H.) borrowed a page from the Joe Biden playbook May 22 by equating an aspect of American infrastructure to that of a Third World country to draw attention to the country’s aging transportation system.
Landstar Appoints New Chairman, Sets Stock Buyback
Landstar System said May 22 that Diana Murphy has been named nonexecutive chairman of the board, effective May 19, and that it raised to 3 million the amount of its stock shares it intends to purchase.
May 22, 2015Old Dominion Promotes Greg Gantt to President
Old Dominion Freight Line announced several management changes, including the promotion of Greg Gantt to president.
May 22, 2015