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.
Letter: Doing More to Recruit Drivers
Last year brought some great gifts to trucking — higher rates, dropping fuel prices, increased tonnage and hours-of-service relief, to name a few. The one item that trucking did not get in 2014 was an increased driver pool. I think we all know this problem will haunt trucking for many years to come.
February 16, 2015Opinion: Handling Tire-Management Issues
Tire management seems to me to be two words that are an oxymoron. That’s because there is not one fleet I know of that is close to properly managing its tires.
February 16, 2015Editorial: Is the Ice Cracking?
Whether the ice is cracking is a strange question for mid-February, certainly, but in this case we’re talking about the ongoing impasse concerning a multiyear, federal surface transportation plan.
February 16, 2015NTSB Urges Greater Attention to Truck Maintenance Issues
WASHINGTON — Trucking companies with poor safety records should redouble their maintenance efforts and pay particular attention to brake systems, the acting chairman of the National Transportation Safety Board said.
February 16, 2015West Coast Ports’ Partial Shutdown Stokes Fear of Prolonged Closures
CORAL GABLES, Fla. — Port operators ratcheted up the pressure to resolve West Coast contract talks by shutting down vessel operations over the Presidents Day weekend, escalating fears of a shutdown.
February 16, 2015Anthony Foxx Asks Congress to Pass ‘New and Improved’ Funding Plan
WASHINGTON — Transportation Secretary Anthony Foxx urged a House panel to adopt the White House’s “new and improved” transportation funding plan to avoid a potential slowdown of critical state-level infrastructure projects.
February 16, 2015Forward Air to Buy Towne for $125 Million, Combining Largest Air-Ground Carriers
Forward Air Corp. has agreed to acquire Towne Air Freight for $125 million in a move that combines two of the largest companies specializing in transporting cargo to and from airports in the United States.
February 16, 2015Prices for Used Class 8 Trucks Begin to Ease as Dealers See Higher Trade-in Volumes
Prices for used Class 8 trucks have eased in recent months as more equipment has reached the secondary market, but values remain near historic levels, analysts reported.
February 16, 2015Omnitracs Ties Development Across Acquired Businesses
DALLAS — Omnitracs and its expanding collection of trucking technology businesses will move forward as “one team,” collaborating on product development to help trucking firms improve their operations, the company’s chief executive said.
February 16, 2015DOT Projects Freight Gridlock Without Targeted Investments
WASHINGTON — Trucks could move more than 80% of the nation’s freight in the coming decades, but the roads they travel and the ports and railheads they frequent could be gridlocked, according to a new federal study.
February 16, 2015