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.
Wholesale Inventories Rise in 0.4% September
Wholesale inventories rose 0.4% in September after a rise the prior month, the Commerce Department reported Nov. 15.
November 15, 2013Best Trucking Invoicing Software for Growing Carriers
Managing invoices and billing efficiently is crucial for maintaining cash flow and ensuring business growth.
2012 U.S. Truck-Involved Fatalities Rose 3.7%, NHTSA Says
U.S. fatalities from accidents involving large trucks increased by 3.7% in 2012, rising to 3,921 from 3,781 people the year before, according to a Nov. 14 report from the National Highway Traffic Safety Administration.
House Panel Schedules Hearing on HOS Rule
Anne Ferro, head of the Federal Motor Carrier Safety Administration, will testify before a House hearing on the hours-of-service rule for truck drivers that went into effect in July.
Intermodal Rail Volume Rises for 19th Straight Week
Intermodal rail volume for the week ended Nov. 9 rose 6.3% from the same period last year, the 19th consecutive rise, the Association of American Railroads reported.
November 15, 2013DOT Freight Transportation Index Rises to All-Time High
The Department of Transportation’s freight transportation services index rose to an all-time high in September, climbing 4.3% from the same month last year, DOT said Nov. 14.
November 14, 2013Freight Haulers Sending Philippines Money, Logistics Help
Freight haulers are pledging aid, both cash and logistics help, to relief efforts in the Philippines, parts of which were devastated by a massive typhoon Nov. 8 that has left at least 4,460 dead and 660,000 homeless.
Verizon Launches Asset Tracking Product
Verizon Enterprise Solutions introduced a new GPS asset-tracking product Nov. 14.
November 14, 2013N.Y. Improperly Spending Toll Revenue, ATA Says in Lawsuit
Officials with the New York State Thruway, a major artery for commercial trucking, are improperly spending millions of dollars in toll revenues annually on the state’s mostly recreational canal system, according to a federal class-action lawsuit filed Nov. 14 by American Trucking Associations.
AAR Asks PHMSA to Tighten Tank Car Rules
A freight railroad trade group said it has asked the Department of Transportation to tighten federal regulations on rail tank cars for hauling flammable liquids.
Clean Energy to Supply LNG to UPS Stations in Texas
Clean Energy Fuels Corp. announced that it has signed an agreement to provide liquefied natural gas for two private UPS stations in Texas.
November 14, 2013