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.
Congress Passes Bill to Set Drug Distribution Standards
A bill that establishes new national standards for the distribution of prescription drugs and pharmaceuticals has been approved by Congress and is expected to be signed into law by President Obama.
Best Trucking Invoicing Software for Growing Carriers
Managing invoices and billing efficiently is crucial for maintaining cash flow and ensuring business growth.
Group Seeks to Stop New Tolling on Interstates
The Alliance for Toll Free Interstates is recruiting members to join truck-stop operators, truckers and other highway users to fight attempts by states or Congress to toll existing interstate highways.
Daimler Sees Increasing Telematics Use in 2014
HOMESTEAD, Fla. — The head of Daimler Trucks North America’s aftermarket business outlined a busy 2014 for the division, especially for the use of telematics to reduce downtime for fleets.
Tonnage Surges 8% in October
American Trucking Associations’ advanced seasonally adjusted tonnage index rose 8% in October, the largest year-over-year rise since December 2011.
November 19, 2013Minn. Announces $300 Mln. in Freight Infrastructure Projects
Minnesota has announced that 10 highway projects will be funded under the $300 million Corridors of Commerce program created this year to help improve freight mobility across the state.
UPS to Expand Memphis Airport Facility
UPS Inc. plans to spend $80 million to expand its facility near Memphis International Airport, according to the development board of Memphis, Tenn.
November 19, 2013IANA Announces Chassis Violation Management System
HOUSTON — The Intermodal Association of North America unveiled an electronic method for faster reporting of intermodal chassis roadside inspection information reports, which identify repairs that equipment providers should make to maintain a safe equipment fleet.
November 19, 2013Diesel Price Dips 1¢ to $3.822; Gasoline Increases
Diesel fuel’s average price continued its downward trend, dropping 1 cent from a week prior to $3.822 a gallon in its fourth straight weekly decline, while gasoline rose 2.5 cents to $3.219, the Department of Energy reported Nov. 18.
November 19, 2013FedEx Freight’s Logue Urges Improvements in Freight Movement
HOUSTON — FedEx Freight President William Logue stepped beyond his role in less-than-truckload to open the convention of three trade associations here by urging attendees to redouble their efforts to overcome barriers to infrastructure, regulatory and technological barriers that slow domestic and global commerce.
FHWA Proposes Primary Freight Network Designation
The Federal Highway Administration unveiled Nov. 18 the draft of the nation’s first ever Primary Freight Network — 26,966 centerline miles of roadway deemed most critical to freight movement.