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.
Editorial: Setback in Michigan
Even with Interstate 94 potholes the size of Big Ten linebackers, Michigan voters declared decisively they do not want to endure an increase in the sales tax to pay for much-needed repairs to battered roads and bridges.
May 11, 2015Best Carrier TMS Software in 2024: How to Choose
Transitioning from basic load board tools or spreadsheets to an advanced, integrated Transportation Management System (TMS) is a critical step for mid-sized truckload carriers aiming to scale effectively and sustain long-term competitiveness.
TT Archives: Freightliner's New Tractor
In 1995 Freightliner introduced its Century Class tractor during the American Trucking Associations annual conference.
May 11, 2015‘Fascinating,’ Con-way CEO Stotlar Says of Freightliner’s Autonomous Truck Event
LAS VEGAS — Doug Stotlar, CEO of Con-way Inc., said Freightliner’s launch of the autonomous-driving Inspiration truck was “fascinating.”
May 11, 2015April Truck Orders Drop 10% to Lowest Level in 18 Months
Truck orders slipped 10% last month from the same period a year ago on a preliminary basis to the lowest level in 18 months, as Class 8 buying trends return to typical seasonal patterns.
May 11, 2015Cummins Increases Investment in Natural Gas With Fuel System, New Medium-Duty Engine
DALLAS — Moving ahead with natural-gas applications despite the past year’s drop in diesel prices, engine maker Cummins Inc. announced a pair of investments in the alternative fuel at the annual Alternative Clean Transportation Expo here.
May 11, 2015Supreme Court Won’t Hear Trucking’s Appeal of California’s Meal-Break Requirement
The U.S. Supreme Court has declined to hear appeals by two trucking companies that mounted challenges to a California law requiring employers to provide meal breaks to workers.
May 11, 2015Equity Firm to Buy Quality Distribution In Proposed $800 Million Tank-Truck Deal
Tank carrier Quality Distribution Inc. has agreed to be acquired for about $800 million by private equity firm Apax Partners, amplifying the recent acceleration of mergers in the transport sector.
May 11, 2015OEMs Expand Their Presence in Telematics, Will Work With Tech Vendors, DTNA Says
PRINCETON, N.J. — Original equipment manufacturers will play a larger role in the telematics market in the years ahead, but their efforts will complement the services already provided by third-party technology suppliers rather than replacing them, an OEM’s telematics director told trucking technology professionals here.
May 11, 2015Mich. Voters Reject Sales-Tax Hike Central to Transportation Package
Michigan voters last week overwhelmingly defeated a ballot measure that would have raised the state sales tax to 7% from 6% as the key element in a sweeping transportation funding plan that now is dead.
May 11, 2015Congress Criticizes Itself Over Lack of Highway Fix
WASHINGTON — Frustration among members from both sides of the aisle is intensifying with GOP leaders who have yet to unveil a funding patch for highway programs as a May 31 deadline fast approaches.
May 11, 2015