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.
FMCSA to Address Uptick in Crashes in North Dakota’s Bakken Oil Region
The Federal Motor Carrier Safety Administration said it is addressing an increasing and disproportionate number of fatal large truck-involved crashes in North Dakota’s Bakken oil field counties.
January 26, 20152014 Volumes Up at Three Calif. Ports Despite Delays Linked to Contract Talks
Cargo volumes and freight shipments through California ports, particularly the three largest on the West Coast, continued to climb last year despite delays and congestion linked to regional labor contract talks, the latest industry statistics showed.
January 26, 2015December Medium-Duty Sales Push Segment to Strongest Annual Finish in Seven Years
U.S. retail sales of Classes 4-7 trucks climbed in December to 18,731 units, the highest monthly total in more than seven years, according to WardsAuto.com.
January 26, 2015Tonnage Rises 5.2% in December
Growing factory activity helped truck tonnage end the year on a strong note, with American Trucking Associations’ index rising 5.2% in December over the year earlier.
January 26, 2015Leaders Eye Mix of Options to Pay for New Road Bill
WASHINGTON — Congressional leaders of transportation policy committees said corporate tax reform, private sector investments, and possibly raising fees for highway users are ways to fund a five-year highway bill that industries, including trucking, say is vital for business.
January 26, 2015House Legislation Would Speed Decisions on Construction of LNG Export Terminals
A House Republican from Ohio introduced a bill to expedite decision making on permits for the construction of liquefied natural gas export terminals.
January 26, 2015ATD Chairman Jorgensen Urges Involvement in Regulatory Process
SAN FRANCISCO — Fresh off the strongest year in recent memory, the chairman of the American Truck Dealers said he will still work to reduce the “intense burden” of additional federal regulations.
McCandless Honored as ATD's 2015 Truck Dealer of the Year
SAN FRANCISCO — Scott McCandless, president of McCandless Truck Center in Aurora, Colorado, was chosen as the 2015 Truck Dealer of the Year.
Kenworth T880 Wins ATD Truck of Year
SAN FRANCISCO — The Kenworth T880 with the Paccar MX-13 engine was honored as the 2015 commercial truck of the year.
UPS Lowers 4Q Earnings Forecast on Holiday Costs
UPS Inc. said fourth-quarter earnings per share will be $1.25, lagging Wall Street estimates, because of higher costs related to U.S. deliveries during the peak season.
January 23, 2015