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.
Canada Lays Charges Against Railway in Quebec Crash That Killed 47 People
The Canadian government has hit Montreal, Maine & Atlantic Railway Ltd. with fresh charges over a 2013 derailment in Quebec that killed 47 people.
June 23, 2015Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
Senate Advances Trade Promotion Authority Bill
The U.S. Senate approved legislation June 23 that would give President Obama enhanced authority to complete free-trade deals, including a landmark agreement with Pacific nations.
Senators Unveil 6-Year Transportation Policy Bill
The leaders of the Senate Environment and Public Works Committee introduced a six-year transportation policy measure June 23 that would pave the way for improvements along freight corridors and highway infrastructure projects.
May Trailer Orders Drop 26%; Backlog Remains High
Trailer orders declined 26% year-over-year in May, but order boards and backlogs remained high, with continued strong demand from fleets, ACT Research Co. reported.
Sales of New Homes Rise to Highest Level in Seven Years
Purchases of new homes in the United States rose in May to the highest level in seven years, signaling the industry is gaining momentum heading toward the second half of the year.
Radioactive Material Drivers Granted Rest Break Exemption
The Federal Motor Carrier Safety Administration has granted the U.S. Department of Energy an exemption allowing its drivers who haul security-sensitive radioactive material to forgo an hours of service 30-minute rest break requirement.
Ryder Introduces TranSync Platform to Automate Fleet-Selection Process
Ryder System Inc. has developed a technology platform designed to help private fleets and shippers determine the most efficient transportation option for a particular load at a given time.
SkyBitz to Buy Two Telematics Firms
Trailer-tracking provider SkyBitz said June 23 it has agreed to buy Reltima and GPS North America, two telematics companies in the local fleet-management market.
June 23, 2015DTNA Promotes Frack to GM of Human Resources
Daimler Trucks North America has appointed Eileen Frack general manager of human resources, effective Aug. 1.
June 23, 2015Capital Goods Orders Rise for Second Time This Year
Orders for business equipment rose in May for just the second time this year, indicating demand for American-made manufactured goods is stabilizing.
June 23, 2015