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.
Shippers to Pay More as Rates Rise on Equipment, Infrastructure Costs, Execs Say
SAN ANTONIO — Shippers can expect to pay more to secure freight-hauling capacity as truck and rail carriers raise rates to cover rising costs and fund investments in equipment and infrastructure, according to transportation and logistics executives.
September 23, 2014EBE Launches New Mobile Document-Capture Application
EBE Technologies said it is offering a new application, dubbed Xpress Mobile Capture, which enables drivers to submit business documents via mobile devices while communicating with carriers’ back-office systems.
Daimler Unveils Design of Future Truck 2025
HANOVER, Germany — Daimler Trucks peeled back the camouflage from the Future Truck 2025 it first unveiled in July, revealing what its global chief called not just a vehicle, but “a great work of art.”
EPA Recognizes Logistics Firms for Reducing Emissions
SAN ANTONIO – The U.S. Environmental Protection Agency recognized seven shippers and four logistics firms for their efforts to reduce emissions as part of the agency’s SmartWay Transport Partnership at the Council of Supply Chain Management Professionals annual conference here Sept. 23.
September 23, 2014SkyBitz Offers New Asset-Tracking Device
SkyBitz is expanding its product offerings with a new GPS device, which tracks the location and status of assets without an external power source.
September 23, 2014Diesel Falls 2.3¢ to Two-Year Low $3.778
Diesel dropped 2.3 cents to $3.778 a gallon, the lowest national average price in more than two years, the Department of Energy reported Sept. 22.
TMW Systems Vows Emphasis on Customers
NASHVILLE, Tenn. — Officials of trucking software vendor TMW Systems outlined on Sept. 22 a wide variety of steps, including corporate restructuring and acquisitions that the company has made, to smooth internal operations and user experiences.
Union Pacific President: ‘Modest Improvement’ in Fixing Intermodal Delays
LONG BEACH, Calif. – Union Pacific Railroad President Lance Fritz said the railroad is making “modest incremental improvement” to correct delays that have hurt intermodal service levels.
Indiana Toll Road Seeks Bankruptcy as Traffic Declines
The operator of the Indiana Toll Road, owned by affiliates of Macquarie Group Ltd. and Ferrovial SA, sought bankruptcy protection with a creditor-supported restructuring plan after dwindling traffic soured a $3.8 billion bet on a 75-year lease.
NACFE Unveils Freight Efficiency Website
The North American Council for Freight Efficiency unveiled a new website designed to help trucking companies identify potential savings from using a variety of systems and technologies in their fleets.