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.
Schneider Logistics to Pay $21 Million to Dockworkers in Class-Action Lawsuit
Schneider Logistics will pay $21 million to settle a class-action civil lawsuit brought by about 1,800 Southern California dockworkers who claimed they were not paid properly.
Best Trucking Accounting Software 2024
If you’re simply looking for a bookkeeping tool, you can stop reading here, and look no further than QuickBooks. If you’re embracing the notion that trucking accounting goes far beyond that, or want to have a more expansive trucking accounting system of which QuickBooks is a key part, then read on.
Russia, China Sign 30-Year, $400 Billion Natural Gas Deal
Russia and China signed a $400 billion deal in which Russia will supply natural gas to China for 30 years.
May 22, 2014House Panel Approves $52B Transportation, Housing Funding Bill
The full House will take up a $52 billion spending bill that would fund transportation and housing programs in fiscal 2015 as early as this month.
Certified Medical Examiners Now Required for Physical Exams
Rules that require commercial drivers to use certified medical examiners for mandatory physical examinations went into effect May 21.
ATA Backs Indexing Fuel Tax to Inflation
American Trucking Associations said it has endorsed indexing the federal fuel taxes based on inflation and adding an annual “highway access fee” for all motorists, as well as several other options to address the nation’s surface transportation infrastructure funding crisis.
May 21, 2014Volvo’s North American Deliveries Rise 14%
Volvo Group’s North American heavy-duty truck deliveries rose 14% in April from the same month last year, the company reported May 21.
May 21, 2014Fleets Increasingly Using Technology to Recruit Drivers, Executives Say
PRINCETON, N.J. — Fleet executives said they are increasingly using technology to aid recruitment and retention efforts as the industry’s driver shortage worsens.
BNSF Launches Intermodal Service Between Chicago and Silao, Mexico
BNSF Railway said it has launched intermodal service between Chicago and Silao, Mexico, in partnership with Ferromex, Mexico’s largest railroad.
May 21, 2014Maersk First-Quarter Profit Jumps on Lower Costs, Higher Volumes
A.P. Moeller-Maersk ’s container shipping line, the world’s largest, said first-quarter profit more than doubled and the forecast was raised on lower costs and higher volumes countered a drop in freight rates.
May 21, 2014ABF Executive Appointed to Commerce Department Supply Chain Committee
The Department of Commerce has appointed ABF Freight executive Jevon Jamieson to its Advisory Committee on Supply Chain Competitiveness.
May 21, 2014