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.
Cummins Promotes Two; Freeland Named President
Cummins Inc. has promoted Rich Freeland to president and chief operating officer and has tapped Dave Crompton to succeed Freeland at the helm of the company’s engine business.
July 14, 2014EDI for Trucking: Everything You Need to Know
Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.
Vehicle Makers Revise Shipping Methods As Train-Service Slowdowns Continue
Ford Motor Co. will ship some 2015 Transit vans in railcars that have been modified to accommodate larger vans, reflecting revised shipping preferences by vehicle makers as train-service slowdowns continued.
July 14, 2014US Appeals Court Upholds Calif. Meal Break Law in Penske Case
A U.S. appellate court last week upheld a California law requiring employers to provide a paid 30-minute meal break for employees working more than five hours, reversing a lower court that had ruled a federal law pre-empted the state requirement for truckers.
July 14, 2014Panama Canal Expansion a Primary Concern for New Port of Long Beach Chief Executive
The implications of a wider Panama Canal on U.S. port operations, ongoing labor issues, mitigating congestion and boosting infrastructure are among the top concerns facing the Port of Long Beach, its new chief executive said last week.
July 14, 2014Mississippi Trucking Names Miller President; To Focus on Member Services, Legal Issues
Hal Miller III, a fleet manger with 31 years of experience, will be the next president of the Mississippi Trucking Association, the group said.
July 14, 2014High-Speed Texas Toll Road Considered in Default by Moody’s
Moody’s Investors Service has announced it considers the Texas toll road that has the highest speed limit in the country in default for failing to make its full June debt payment.
Omnitracs Appoints Speicher Chief Technology Officer
Omnitracs has hired Dan Speicher as its chief technology officer, continuing the expansion of its executive team since Vista Equity Partners purchased the business from Qualcomm Inc. in November.
NTSB Investigators to Release I-5 Bridge Collapse Final Report July 15
Federal safety investigators are scheduled to provide the National Transportation Safety Board with their final report about last year’s Interstate 5 bridge collapse in Washington state.
Amazon Seeks FAA Permission to Test Delivery Drones Outdoors
Amazon.com Inc., which wants to deliver packages by drone, asked aviation regulators for permission to expand testing outside its research laboratory.
July 11, 2014Intermodal Rail Volume Rises 10.5% for Week
U.S. rail intermodal traffic increased 10.5% in the week ended July 5 compared with the same week last year, the Association of American Railroads reported.
July 11, 2014