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.
Canadian Ports Win as Ships Avoid US on Labor Concern
Prince Rupert, a remote port luring tourists with the slogan “Where Canada’s Wilderness Begins,” may want to consider a new motto: “Asia’s Gateway to Chicago.”
August 27, 2014Electric Terminal Truck Completes Two-Week Demonstration
Orange EV said its retrofitted electric terminal truck completed a two-week demonstration at a Kansas intermodal facility.
August 27, 2014Minority USA Truck Holder Seeks Management Change
USA Truck Inc. minority shareholder, ADW Capital Partners, has called for the resignation of company CEO John Simone because progress in improving profits has been too slow.
August 26, 2014Feds Sending Emergency Funds to Napa to Cover Road, Bridge Repairs
The federal government is sending $2 million in emergency road funds to the California Department of Transportation and local governments to help begin immediate repairs to roads and bridges damaged by the earthquake Sunday in the Napa Valley.
Carper to Tour Delaware Road Projects
Sen. Tom Carper said he will tour three transportation projects in Delaware on Aug. 28 to emphasize the importance of infrastructure in his state and what could be lost if a new surface funding plan is not passed soon.
Ruan Promotes McLean to President, COO
Ruan Transportation Management Systems based in Des Moines, Iowa, has promoted Ben McLean to president and chief operating officer with responsibility for all of the company’s trucking and logistics operations nationwide.
August 26, 2014Rahall Criticizes Obama Administration’s Bridge Safety Reform
The ranking Democrat on the House Transportation and Infrastructure Committee criticized the Obama administration for its handling of bridge safety reform, citing a DOT inspector general’s report for highlighting “shortcomings in federal oversight and management of highway bridge safety.”
ATA Calls for Restricted Access to CSA Scores
American Trucking Associations and an industry coalition sent a letter to Transportation Secretary Anthony Foxx urging that scores from the Federal Motor Carrier Safety Administration’s Compliance, Safety, Accountability program be removed from its website.
August 26, 2014July Trailer Orders Increase 36.7%
New trailer orders rose 36.7% in July from a year ago, the strongest July since 2006, ACT Research reported.
Darr to Head Short-Line Rail Group
Linda Bauer Darr, a Washington transportation trade group executive, will become president of the American Short Line and Regional Railroad Association when current leader Richard Timmons retires at the end of 2014.
August 26, 2014