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.
Shipping Costs Expected to Increase as Freight Carriers Seek Higher Rates
Shippers can expect to pay more to secure freight-hauling capacity as truck and rail carriers raise rates to cover rising costs and to fund investments in equipment and infrastructure, according to transportation and logistics executives.
September 29, 2014Best Trucking Invoicing Software for Growing Carriers
Managing invoices and billing efficiently is crucial for maintaining cash flow and ensuring business growth.
TMW Moves to Smooth Out Operations in Response to Customers’ Feedback
Officials of trucking-management software vendor TMW Systems Inc. last week outlined steps the company is taking to smooth internal operations and user experiences, and several of its associated plug-in partners announced new integrations with TMW products.
September 29, 2014Intermodal Freight Volume Rises Despite Rail Delays, Execs Say
Intermodal freight, including record weekly rail volume earlier this month, continues on a strong growth course this fall despite ongoing rail delays, industry officials said.
September 29, 2014Nyberg Urges Greater Focus on Preventive Maintenance
The trucking industry must focus more on preventive maintenance instead of waiting for trucks to break down before addressing service issues, a top Volvo Trucks official told a meeting of maintenance technicians and executives.
September 29, 2014Freight Groups, States Reject ‘Devolution’ Idea
The top organizations representing the freight industry and state transportation officials again urged Congress to reject efforts by a small group of conservatives looking to diminish vast federal funding for big-ticket transportation projects.
September 29, 2014Drayage Drivers Must Be Treated Better to Boost Intermodal Service, Officials Say
The long-overlooked intermodal trucker took center stage last week as some industry officials insisted that shippers, railroads and other participants must treat them better, while others assessed growing threats to the traditional owner-operator structure.
September 29, 2014Diesel Drops 2.3¢ to $3.778 as Distillate Supplies Surge
Diesel dropped 2.3 cents last week to $3.778 a gallon, the lowest price in more than two years, the Department of Energy reported.
September 29, 2014Trailer Orders Jump 56.9% During Best August in 20 Years
New trailer orders jumped 56.9% in August from a year earlier and rose to the highest total for that month in 20 years, ACT Research reported.
Navistar, Chinese Firm Expand Engine Production in Joint Venture
Navistar International Corp. and its joint-venture partner with Chinese truck maker Anhui Jianghuai Automobile Co. have begun engine production at their new facility in Hefei, China, Navistar said.
September 26, 2014Intermodal Traffic Rises 6.4%
U.S. rail intermodal traffic increased 6.4% in the week ended Sept. 20 compared with the same week last year, the Association of American Railroads reported.
September 26, 2014