Business

About Business News...

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.

Letters to the Editor, Business

Letters: Driverless Vehicles; New Highway Taxes?

The analyst in the Bloomberg News story, “Driverless Vehicles May Cut US Auto Sales by 40%, Analyst Says”, evidently assumed that autonomous vehicles would have to travel farther to account for deadhead miles to get to and from each person being served.

June 1, 2015

EDI for Trucking: Everything You Need to Know

Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.

Perspective, Business

Opinion: 4 Reasons Why Plan Execution Fails

Too often, owners and top executives develop strategic plans that excel in detail yet fail in execution.

June 1, 2015
Editorial, Business

Editorial: Standardize DOD Delivery

"Semper Fidelis” goes the U.S. Marine Corps motto, meaning “always faithful.” Trucking is about as close as you can get to this venerable maxim without being an actual leatherneck, and trucking does have its share of such former Marines.

June 1, 2015
Business

Fleet Failures Down in 1Q

Just 85 motor carriers, with a total of 1,025 trucks, went out of business during the first quarter as fleets feasted on high demand for their services and low diesel prices that form an uncommonly strong business environment.

June 1, 2015
Business

Truck Delays at Military Bases Concern Industry Executives

Truck drivers servicing U.S. military installations are increasingly being required to undergo additional lengthy background and security checks before gaining entry, extensively delaying deliveries and pickups, industry executives have said.

June 1, 2015
Business, Logistics

Shortage of Available Build Slots Weighs Down April Trailer Orders

New trailer orders declined for a third straight month, dropping 31% in April compared with a year earlier, ACT Research reported, attributing the downturn to a shortage of manufacturing capacity rather than weaker demand.

June 1, 2015
Business, Logistics

Carriers, Shippers Say Stronger Ties Are Forged by Working Together

With tight capacity compelling carriers to get more selective about the freight they’ll haul, shippers are working to strengthen relationships with the companies that deliver their goods.

June 1, 2015
Business

Maine Legislature Tries to Crack Down on Canadian Truckers Avoiding Tolls

Officials in Maine said they have grown weary of Canadian truckers traveling the Maine Turnpike on their way to U.S. East Coast markets without paying tolls.

June 1, 2015
Business, Technology

PeopleNet Announces Acquisition of Cadec to Expand Reach in Private-Fleet Sector

Trucking technology supplier PeopleNet announced it acquired Cadec Global Inc. in a move that expands the company’s reach in the food-service and private-fleet sectors.

June 1, 2015
Government, Business

Sen. Tom Carper: Devolution Would Hurt US in Bid to Remain Competitive Globally

WASHINGTON — As the Senate prepares to consider a six-year highway funding measure, Sen. Tom Carper (D-Del.) said efforts that would limit the federal government’s involvement in infrastructure projects would hurt the country.

June 1, 2015