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.
Volvo Ousts Persson as CEO, Scania Exec Tapped for Post
Sweden-based manufacturer Volvo AB changed CEOs April 22 as the company’s board of directors chose Scania Group CEO Martin Lundstedt to replace Olof Persson.
April 27, 2015Best 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.
Proper Inflation, Wheel Balancing Help Extend Tire Life, Experts Say
Preventive tire maintenance handled in-house with everyday equipment is vital for private fleets looking to maximize tread wear and longevity, even for those that outsource some or all of their work, fleet and industry experts said.
April 27, 2015Used Sleeper Prices Decline Slightly From Record High, Dealers Report
Used-truck values slipped last month but remained near record highs, even as fleet trade-ins continued to augment the available supply of used equipment, analysts said.
April 27, 2015MTA, Four Trade Groups File Lawsuit to Stop Minnesota’s Biodiesel Mandate
The Minnesota Trucking Association and four trade groups are suing Minnesota in federal court in an attempt to topple the state’s biodiesel mandate.
April 27, 2015Trucking Group Is Honored for Fighting Sex Trafficking
WASHINGTON — Truckers Against Trafficking has been honored by federal lawmakers for its role in helping rescue mostly young women from human trafficking networks in which they often are sexually exploited.
April 27, 2015Freight Group Lists 36 Sites As Top Projects to Address
A freight advocacy group last week unveiled a report containing 36 targeted infrastructure projects it said could boost freight mobility if Congress includes money for them in a long-term transportation bill.
April 27, 2015Four Fleets Post Higher 1Q Profits, Citing Demand, Rates, Fuel Prices
Four of five trucking companies announced improved first-quarter profits last week that rose with help from factors such as stronger demand, higher rates and lower fuel prices.
April 27, 2015Collins Blasts DOT Fiscal 2016 Budget Plan As ‘Unrealistic’ for Fixing Highway Fund
WASHINGTON — The Obama administration’s fiscal 2016 budget plan falls short of resolving the country’s long-term transportation funding crisis, Sen. Susan Collins told Transportation Secretary Anthony Foxx at an appropriations committee hearing.
April 27, 2015Maritime Interests Seek Upgraded Freight System
WASHINGTON — U.S. maritime interests added voices to a growing chorus seeking more federal transport funding, citing a $28.9 billion shortfall for freight-network upgrades.
April 27, 2015FMCSA Panel Divided Over Certification Issue
ALEXANDRIA, Va. — Though more than halfway through its scheduled meetings to standardize training regulations for entry-level truck drivers, a Federal Motor Carrier Safety Administration advisory panel remained divided on whether driver training schools should self-certify their programs or be certified by a third party.