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 Delays Expected Publication Dates for Minimum Insurance, Speed-Limiter Rules
Federal regulators have moved back by nearly a month their projected announcements of two proposed rules, one to raise the minimum insurance requirement for interstate motor carriers and the other requiring speed limiters on new heavy trucks, a new Department of Transportation report said.
September 22, 2014QuickBooks for Trucking: Connecting QuickBooks to Your TMS
Learn how Truckbase connects QuickBooks for trucking and your TMS to help you marry your trucking-specific data in your TMS with your financial data in QuickBooks.
McLeod Works to Speed Data Flow Through New Software Functionality
OXON HILL, Md. — McLeod Software said it is working to streamline the movement of data to help trucking and third-party logistics customers operate more efficiently.
September 22, 2014FedEx’s 1Q Earnings Gain 24%; Profit Margins Rise at All Units
FedEx Corp. last week reported that fiscal first-quarter net income rose 24% to $606 million, or $2.10 per share, driven by stronger growth at the Freight, Ground and Express units.
September 22, 2014UPS Expands Into Brokerage to Tap Fast-Growing Sector
UPS Inc. said it is pursuing an expansion of truck brokerage through its Freight unit, adding new capabilities in a fast-growing sector where the company does not currently have a major presence.
September 22, 2014DOT Urged to Create Office to Help Promote Use of P3s
A report by a House transportation panel recommended establishing a new office at the U.S. Department of Transportation to help states and localities have better access to private capital to fund large-scale infrastructure projects.
September 22, 2014Western Star Targets 5% Market Share; Seeks Efficiency Without ‘Jellybean’ Look
HENDERSON, Nev. — Executives at Western Star Trucks want to increase their market share to 5% of the U.S. and Canadian Class 8 market, and think there are enough haters of “jellybeans” among truck operators that they can pull it off.
September 22, 2014Federal, State Governments Need to Reprioritize Transportation Funding, Report Finds
Transportation departments nationwide must consider driving trends when investing in major projects, the U.S. Public Interest Research Group education fund recommended in a report identifying nearly a dozen instances of what it claims to be wasteful spending.
September 19, 2014Driver Appreciation Week: Words of Thanks
Companies and individuals all across America are expressing thanks to truck drivers during National Truck Driver Appreciation Week Sept. 14-20.
September 19, 2014Espar Launches Fuel-Cell CNG Heaters
Systems that maintain sleeper cabs’ temperatures and “hotel loads” through use of fuel-cell technology and compressed natural gas are among new products being launched by Espar Products Inc.
US Port Labor Talks Turn on Automation Cutting Workers
West Coast shippers and dockworkers are struggling to reach a labor agreement as terminal operators replace as many as half of laborers at some ports with robots in the largest technological change in half a century.
September 19, 2014