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.
Transportation Stock Averages Hit Record Highs
Indexes of trucking and transportation stocks rose to all-time highs Nov. 18, mirroring growth in the S&P 500 and Dow Jones Industrial Average, which also hit record levels.
Best Carrier TMS Software in 2024: How to Choose
Transitioning from basic load board tools or spreadsheets to an advanced, integrated Transportation Management System (TMS) is a critical step for mid-sized truckload carriers aiming to scale effectively and sustain long-term competitiveness.
Celadon Acquires Canadian Carrier Yanke
Celadon Group said it has acquired Canadian carrier N. Yanke Transfer Ltd. Terms were not disclosed.
November 18, 2013Legislation Would Let States Keep Federal Fuel Taxes
A bill has been introduced in the House and Senate that would dramatically reduce federal diesel and gasoline taxes and let the states keep most revenue from the two levies rather than sending the revenue to the Highway Trust Fund.
Alliance Truck Parts Race Car Finishes Second in Nationwide Series
HOMESTEAD, Fla. — The Nationwide Series race car sponsored by Alliance Truck Parts finished the 2013 season in second place, narrowly missing the overall points championship by three points.
Port of Los Angeles Truck Drivers Declare 36-Hour Work Stoppage
Truck drivers from three companies declared a 36-hour work stoppage Nov. 18 at the Port of Los Angeles, protesting unfair labor practices, according to local reports.
November 18, 2013Kenan Buys Canada-Based RTL-Westcan
Kenan Advantage Group has purchased RTL-Westcan Group, a bulk carrier that serves northern and western Canada, Kenan said.
November 18, 2013Technology’s Effect on Trucking Industry is Theme of ATA Executive Summit in Dallas
Fleet executives are scheduled to gather next month to examine how current and future technologies can transform the trucking industry.
November 18, 2013FMCSA Near Goal for Pilot Program Inspections
The Federal Motor Carrier Administration said it is near the number of inspections needed to evaluate the safety of its Mexican border pilot program, but it remains far below the target number of carriers.
November 18, 2013Volvo Unveils I-Shift for Mexican Market
GUADALAJARA, Mexico — Volvo Trucks announced that one of its largest Mexican fleet customers has become the first in this nation to begin using its I-Shift automated manual transmission.
November 18, 2013Truck-Crash Deaths Rise
Fatalities from accidents involving large trucks in the United States increased by 3.7% in 2012, rising to 3,921 people from 3,781 the year before, the National Highway Traffic Safety Administration reported.
November 18, 2013