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.
Raven Transport Buys 115 Peterbilt LNG Trucks
Raven Transport is expanding its natural-gas fleet with 115 Peterbilt trucks fueled by liquefied natural gas, which it will use throughout the Southeast.
Best Trucking Accounting Software 2024
If you’re simply looking for a bookkeeping tool, you can stop reading here, and look no further than QuickBooks. If you’re embracing the notion that trucking accounting goes far beyond that, or want to have a more expansive trucking accounting system of which QuickBooks is a key part, then read on.
Toll Battles Mount as States Seek Cash for Ailing Roads
As U.S. states collect record tolls from drivers, political opposition to fee-based highways and bridges is threatening efforts to rebuild crumbling infrastructure.
Nafta Trade Declines in January, But Truck Freight Rises
U.S. trade with Canada and Mexico in January declined 1.2% to $89.2 billion from 2014, but freight carried by trucks increased 3.6% to $55.6 billion, the Bureau of Transportation Statistics reported March 31.
March 31, 2015Consumer Confidence Rises to Second-Highest Since 2007
Consumer confidence increased in March to the second-highest level since August 2007 as Americans grew more upbeat about the outlook for the labor market and incomes.
March 31, 2015This New Indicator Shows There's No Bubble Forming in Housing Market
A new gauge from Nationwide Insurance in Columbus, Ohio, suggests the national market is in its best shape since 2001 and there's no reason to fear a national downturn, no less a bursting bubble.
FMCSA Rejects Petition to Exempt $75,000 Broker Bond
The Federal Motor Carrier Safety Administration has denied a request by the Association of Independent Property Brokers and Agents that all property brokers and freight forwarders be exempted from the agency’s $75,000 bond provision.
Diesel Price Falls 4¢ to Five-Year-Low $2.824
Diesel’s national average retail price fell for a third straight week, dropping 4 cents to a five-year-low $2.824 a gallon, the Department of Energy reported March 30.
FMCSA Picking Carriers for Drug and Alcohol Survey
The Federal Motor Carrier Safety Administration said March 30 that it has commenced notifying selected truck and bus companies to submit their annual Department of Transportation drug-and-alcohol testing program results to the agency.
March 30, 2015Atlanta: Dangerous Hot Spot of Twisting Highways
It was almost midnight when Walter Price eased his 18-wheeler into the right lane on Interstate 75 near Atlanta. As he began to bank onto the exit ramp he’d been taking for the past 10 years, Price had no idea he was entering America’s most dangerous hot zone for truck drivers.
Port of Montreal to Spend C$75 Million on Enhancing Truck Access
The Montreal Port Authority said the Quebec government will invest C$75 million to improve truck access to the port as part of a C$1.5 billion investment in the area’s maritime industry.
March 30, 2015