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.
Consumer Comfort Climbs to Highest Level Since May 2007
Consumer confidence increased last week to an almost eight-year high as Americans viewed the U.S. economy in a more favorable light and said it was better time to spend.
April 9, 2015Truckbase Business Overview, Features, Reviews 2024
Truckbase has emerged as the next-generation truck dispatch software leader with its suite of easy-to-use tools for truckload carriers.
House Lawmakers Push Bill to Aid Small Businesses Owned by Veterans
States that receive certain federal funds for infrastructure projects would be required to set aside a portion of that for veteran-owned businesses under legislation offered by a group of House lawmakers in recent weeks.
April 9, 2015FMCSA Shuts Down Carrier for Safety Violations that Include HOS Failure
The Federal Motor Carrier Safety Administration has announced that the carrier owned by Carnell Pompey, doing business as Mortise Trucking Co. in Darlington, South Carolina, has been shut down as an imminent hazard to public safety.
Alcoa Reports Improved 1Q Results, Projects Growth in North American Truck Market
Aluminum-wheel supplier Alcoa reported improved first-quarter financial results and boosted its 2015 outlook for the North American heavy-duty truck market.
April 9, 2015Volvo Trucks Offers Tridem Axle on VNX Heavy-Haul Model
Volvo Trucks said it is now offering its VNX 630 model with a tridem rear axle group to maximize traction and payload.
Jobless Claims Over Past Month Lowest in Almost 15 Years
Fewer Americans applied for unemployment benefits over the past four weeks than at any time in almost 15 years, signaling underlying strength in the labor market even as hiring cooled last month.
April 9, 2015TT's Top 50 Logistics Companies: A Sneak Peek at 2015 Rankings
An influx of new investment and surge in mergers and acquisitions are driving consolidation among logistics service providers and reshaping the industry’s landscape.
SmartDrive Raises $50 Million to Expand Video-Based Safety Technology
SmartDrive Systems, a provider of video-based safety technology, has received $50 million in funding to support its global expansion and product development efforts.
April 8, 2015Cummins Diagnostics Service Now Available With Omnitracs In-Cab Devices
Engine maker Cummins Inc.’s remote diagnostics application now is available to fleets using Omnitracs’ in-cab telematics devices, the companies said in a joint announcement.
Weekly Intermodal Rail Traffic Rises as Carloads Decline
U.S. rail intermodal traffic rose 3.8% in the week ended April 4 compared with the same week last year as carloads declined, the Association of American Railroads reported.
April 8, 2015