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.

Business, Technology

ACS Advertising Sold, Becomes Conversion Interactive Agency

Kelley Walkup and Joanne Hazelwood said they have purchased ACS Advertising, an agency specializing in driver recruitment and retention, from document-management provider Pegasus TransTech.

February 9, 2015

Best Trucking Management Software Buyer’s Guide

For growing carriers, choosing the right Trucking Management Software (TMS) is vital for the efficiency and growth of your transportation business. As we move into 2024, it's crucial to understand the key features and considerations that make a TMS solution stand out, and which ones play to your unique operation.

Business, Equipment

Fleets Slow to Adopt 6x2 Axles

Are the 6x2 axle configuration’s fuel savings and reduced weight worth its traction issues, greater tire wear and the difficulties that are always involved with change — especially with diesel prices declining?

February 9, 2015
Business, Safety, Autonomous

Crash Death Rate Declines

Large trucks traveled nearly 6 billion more miles on U.S. roads in 2013 than in 2012, and did so with greater safety results, according to American Trucking Associations’ calculations of federal data.

February 9, 2015
Editorial, Business

Editorial: Grow America, Take Two

An outline of the revised Grow America Act shows the Obama administration wants to spend $478.26 billion on surface transportation over six years starting Oct. 1.

February 9, 2015
Business, Autonomous

TT Archives: Driver Shortage

In this issue of Transport Topics, back in 1995, the trucking industry was facing the same problem we are today, driver shortage.

February 9, 2015
Business, Safety, Government

Obama Budget Request Includes 6-Year, $18 Billion Freight Plan

The fiscal 2016 White House budget request released last week anchors its transportation segment with a six-year, $478.26 billion surface transportation plan that includes an $18 billion freight program.

February 9, 2015
Business, Equipment, Autonomous

OEMs Continue to Nip at Cummins’ Engine Lead

Truck manufacturers continued to make gains selling their own engines during 2014, as the total number of engines placed into Class 8 trucks rose 21.3%, WardsAuto.com reported.

February 9, 2015
Business

Quarterly Earnings Drop 1.9% at UPS on Rising Costs for Holiday Deliveries

UPS Inc. last week said fourth-quarter earnings fell 1.9% from a year earlier because of higher costs to deliver holiday packages, an issue that company officials insisted will be fixed.

February 9, 2015
Business, Safety

Courts Divided on Termination Cases After Drivers Self-Report Alcohol Abuse

Two conflicting court decisions have muddied the legal waters on how a motor carrier should respond when a driver self-reports a problem with alcohol.

February 9, 2015
Business, Government, Safety, Logistics

California Court Awards $2.2 Million in Ruling for Pacer Cartage Drivers

A California state court has awarded seven drayage drivers for an XPO Logistics subsidiary $2.2 million in an ongoing battle over worker classification, which could intensify with further legal action.

February 9, 2015