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.
Cass Freight Index Declines in December
The Cass Freight Index, which measures shipment activity in trucking and other transport modes, declined 3.2% in December from a year ago. Expenditures increased 1% from 2012.
January 8, 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.
Diesel to Slide to $3.81 This Year, DOE Says
Diesel’s retail price will decline to $3.81 a gallon this year — 11 cents below last year’s average but 4 cents over last month’s projection, the Department of Energy reported.
Company Payrolls Rise by Most Since November 2012
U.S. companies boosted payrolls by the most since November 2012, according to a private report released Jan. 8.
January 8, 2014Connecticut Delays Tickets for Truckers who Violate Snow-Removal Law
Connecticut State Police said they are not yet issuing tickets to truckers who fail to clean snow and ice from their vehicles in order to give the drivers time to adapt to the new law.
OSHA Fines Two Carriers on ‘Whistleblower’ Allegations
Two large trucking companies received orders from the Labor Department’s Occupational Safety and Health Administration to compensate workers who said they were unable to drive because of illness.
Nafta Trade Exceeds $100 Billion in October
Trade among the United States, Canada and Mexico grew to $103.5 billion in October, the first time it has exceeded $100 billion, the Department of Transportation reported.
January 7, 2014TTPG Launches Truck Fleet Management
Transport Topics Publishing Group has announced the launch of Truck Fleet Management, a magazine and website focused on the ownership and operation of vocational, public, utility and other diversified commercial fleets.
January 7, 2014Union Leaders Endorse New UPS Freight Deal, Clearing Way for Vote
Local Teamsters leaders cleared the way for members in UPS Inc.’s Freight unit to vote on a new tentative contract that comes seven months after the company’s original proposal was rejected by the union by a wide margin.
Steve O’Kane to Retire at A. Duie Pyle
A. Duie Pyle Cos. President Steve O’Kane is retiring this month, and Randy Swart was named chief operating officer to lead the less-than-truckload operation.
Maersk to Sell Stake in Supermarket to Focus on Transport, Energy
A.P. Moeller-Maersk plans to sell its stake in a supermarket and department store to focus on transport and energy, Bloomberg News reported.
January 7, 2014