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, Government, Safety, Autonomous

Recruiting, Retention Strategies Must Change to Attract New Drivers, ATRI’s Brewster Says

Trucking must change its recruiting and retention practices to attract  women and younger Americans to the industry and keep them employed there, to counter the trend of aging driver demographics, a top industry researcher said.

February 23, 2015

TT Podcasts: RoadSigns

Volvo's Chayene de Souza and Magnus Gustafson discuss how new, connected trucks can boost business, enhance safety practices, and reinforce preventative maintenance plans.

Business, Autonomous

Fleet Executives Say Strong Markets Increase Opportunity to Raise Rates

CORAL GABLES, Fla. — Trucking markets will continue to be solid this year, opening the door for carriers to raise rates at least 4%, fleet executives and analysts said.

February 23, 2015
Letters to the Editor, Business

Letters: Training New Drivers; Fuel-Price Volatility

I just finished watching the LiveOnWeb panel discussion about the driver shortage, and I appreciated how you looked at a very complex problem, packaging issues together that definitely affect driver retention and hiring.

February 23, 2015
Perspective, Business

Opinion: Working on an Effective Driver-Training Rule

On Feb. 10, the Federal Motor Carrier Safety Administration announced the list of industry participants for the Entry-Level Driver Training Advisory Committee.

February 23, 2015
Business, Editorial

Editorial: An Icy TMC

Trucking is quite often referred to as a “resilient” industry. It provides the priceless service of delivering the nation’s goods. The task is carried out with little fanfare — and even less complaining about the hardships and obstacles that have to be overcome every day.

February 23, 2015
Government, Business, Safety, Autonomous

TT Archives: TMC

Founded in 1956 as the Maintenance Committee of the Regular Common Carrier Conference, this 1979 edition of Transport Topics marked the beginning of full council status within American Trucking Associations for what is now the Technology & Maintenance Council.

February 23, 2015
Business, Autonomous

New TMC Chairman Kevin Tomlinson Laments Technician Shortage

NASHVILLE, Tenn. — Kevin Tomlinson acknowledges that he and his fellow technicians might share some of the blame for the trucking industry’s technician shortage.

February 23, 2015
Business

Truckload Driver Pay to Rise for Years, Executives, Analysts Forecast

CORAL GABLES, Fla. — The accelerating pace and amount of truckload driver pay increases during 2014 will show no letup this year, and probably beyond, industry executives and experts predict.

February 23, 2015
Business, Government, Safety

Food Industry Confronts Tight Capacity, New Regulations as Global Demand Grows

Food producers and shippers are adjusting to changes in their transportation needs just as increasing demand for products and supplies is running up against forthcoming rules that will regulate the condition of the industry’s goods and shipping equipment.

February 23, 2015
Business

Labor Secretary Takes Role in West Coast Port Stalemate

West Coast contract negotiations continued to drag on without resolution last week despite the injection of Labor Secretary Tom Perez into the talks and mounting political pressure.

February 23, 2015