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.
March 3 Earnings Roundup: TransForce, Accuride, Clean Energy
TransForce Inc. more than tripled fourth-quarter net income, Accuride Corp. reported a fourth-quarter loss but said revenue improved on higher sales and Clean Energy posted a fourth-quarter profit.
March 3, 2015Best Trucking Management Software Buyer’s Guide
For growing carriers, choosing the right Trucking Management Software (TMS) is vital for the efficiency and growth of your transportation business. As we move into 2024, it's crucial to understand the key features and considerations that make a TMS solution stand out, and which ones play to your unique operation.
Railroads Struggle to Keep Up With Demands to Move Trucks, SUVs
Railroad companies are struggling to keep up with surging U.S. demand for trucks and sport utility vehicles, frustrating Ford Motor Co. and Toyota Motor Corp. and prompting Warren Buffett to boost investments at his rail unit.
Teletrac, Navman Wireless Merge
Teletrac Inc. and Navman Wireless, which make GPS-based asset-tracking telematics systems, have merged.
March 3, 2015California Approves DME as a Transportation Fuel
The California Department of Food and Agriculture has approved use of dimethyl ether, or DME, as a transportation fuel.
USA Truck’s Earnings in 4Q Highlight Firm’s Turnaround
USA Truck Inc.’s strongest quarterly earnings report in nine years helped the company complete a turnaround in 2014 that saw it post its first full year of per-share profits since 2008.
March 2, 2015C.R. England Announces Driver Pay Increase
C.R. England said it will offer a new bonus program for its company and independent truck drivers, and will boost pay for solo company drivers in its Western regional fleet.
Southern California Chassis Pool Begins Operation
Three of the largest intermodal chassis owners said they have begun operating a pool at Los Angeles and Long Beach, California, the nation’s two largest ports, to improve trucking operations.
Manufacturing Activity Rose in February at Slowest Pace in a Year
U.S. manufacturing activity expanded at the slowest pace in a year in February as weaker growth abroad limited orders for American-made products, the Institute for Supply Management reported.
March 2, 2015Consumer Spending Rises as Fuel Costs Fall
Consumer purchases adjusted for inflation rose in January, a sign the plunge in gasoline prices is helping boost the biggest part of the U.S. economy.
Drivers Can Improve Fleets’ CSA Scores By Conducting Better Pre-Trip Checks
NASHVILLE, Tenn. — In her many years as a roadside inspection officer, Kerri Wirachowsky said she has seen her share of trucks repaired haphazardly with duct tape or traveling down the highway with taillights burnt out.
March 2, 2015