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.
Business Inventories Unchanged in June
Business inventories were unchanged in June, while sales rose 0.2%, the Commerce Department reported Tuesday.
August 13, 2013Best Trucking Management Software Buyer’s Guide
For growing carriers, choosing the right Trucking Management Software (TMS) is vital for the efficiency and growth of your transportation business. As we move into 2024, it's crucial to understand the key features and considerations that make a TMS solution stand out, and which ones play to your unique operation.
Import Prices Rise in July
The price of goods imported to the United States rose in July following four declines, the Labor Department reported Tuesday.
August 13, 2013House Letter Asks DOT to Consider Size, Weight Effect on Local Roads, Bridges
Forty-five members of the U.S. House sent a letter to Transportation Secretary Anthony Foxx asking that the truck size and weight study the federal government is conducting address the effect that heavier or longer trucks would have on local roads and bridges.
Meritor Names Evans Chairman, CEO
Meritor Inc. named Ivor “Ike” Evans its chairman and CEO, effective immediately.
August 12, 2013N.Y. Independent-Contractor Bill Moves Toward Passage
New York Gov. Andrew Cuomo (D) is expected to sign a bill next month that classifies independent-contractor truck drivers as employees, the New York Post reported.
August 12, 2013New York Launches Alt-Fuel Truck Voucher Program
New York Gov. Andrew Cuomo (D) announced the state has launched a $19 million truck voucher program to promote the purchase of alternative fuel-powered commercial trucks.
August 12, 2013FMCSA Asks for Public Comment on Livestock Exemption, Munitions Hauling
The Federal Motor Carrier Safety Administration asked the public Monday to weigh in on whether it should grant a permanent exemption to the rest-break requirement in the new hours-of-service rule to truckers hauling livestock.
Oil Rises to Four-Day High Over $106
Oil rose to a four-day high Monday, topping $106 a barrel as analysts predicted growth in European economies for the first time in two years, Bloomberg News reported.
August 12, 2013Norfolk Southern Releases Strategy to Reduce Greenhouse-Gas Emissions
Norfolk Southern Corp. released its business strategy for reducing greenhouse-gas emissions in an annual public filing with the not-for-profit Carbon Disclosure Project.
August 12, 2013Navistar’s Newest Executive ‘Bullish’ About Truck Maker’s Turnaround
Bill Kozek, the new president of the North American truck and parts business for Navistar International Corp., said he now has what he wants: the challenge of turning around a major truck manufacturer.
August 12, 2013