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.
Number of Fleets Using PrePass Passes 40,000
HELP Inc. announced that the number of qualified fleet customers using its PrePass bypass solution has passed the 40,000 mark as of Dec. 2.
December 3, 2014Best 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.
UTi Denies Reported Talks of Advanced Sale
UTi Worldwide Inc., the U.S. logistics firm whose biggest shareholder is hedge fund P2 Capital Partners, has denied a report by Bloomberg News that it is in advanced talks to sell itself to DSV A/S, the Nordic region’s biggest trucking company.
December 3, 2014ATA Pledges Members Will Hire 100,000 Veterans Over Two Years
American Trucking Associations pledged that its members will hire 100,000 military veterans over the next two years.
NHTSA Nominee Mark Rosekind to Address Senate Panel Dec. 3
Mark Rosekind, the administration’s choice to lead the National Highway Traffic Safety Administration, is scheduled to appear before a key Senate panel Dec. 3.
Rep. Petri Supports Bill That Would Raise Fuel Taxes
Tom Petri (R-Wis.), the outgoing chairman of the subcommittee on highways, said he will become a co-sponsor of a bill that would increase federal fuel taxes to support the nation’s transportation system.
Former UPS Driver Presses Rights of Pregnant Workers in Supreme Court Case
A former United Parcel Service Inc. driver is pressing what may become the most significant case in decades on the rights of pregnant workers as she asks the U.S. Supreme Court to expand protection for millions of women.
December 2, 2014Trimble Acquires Rail Technology Firm
Trimble, the parent of several major suppliers of technology to the North American trucking industry, has acquired a rail technology firm. Terms were not disclosed.
December 2, 2014Ruan Promotes McLean to CEO
Ruan Transportation Management Systems has promoted Ben McLean to CEO from chief operating officer, succeeding Steve Chapman.
December 2, 2014Construction Spending Rises 1.1%
Construction spending rose 1.1% in October, the Commerce Department reported Dec. 2.
December 2, 2014Diesel Falls 2.3¢ After Plunge in Crude Oil Prices
Diesel’s national average pump price declined 2.3 cents to $3.605 a gallon, the Department of Energy reported Dec. 1, after last week’s plunge in oil prices to a five-year low.