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.
Westport Seeks to Push Carriers to Adopt Natural Gas Engines
VANCOUVER, British Columbia — In a number of small buildings scattered around the outskirts of this burgeoning city, a young public company is working away at helping lead the trucking industry to natural gas.
July 8, 2013Best 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.
Theft Replaces Terrorism as Geofencing’s Target
Geofencing, the ability to use tracking or communications systems to alert carriers if a truck goes off its specified route, originally was touted for its anti-terrorism potential.
July 8, 2013Fleets Say Natural Gas Is Cost Competitive in Spite of Large Equipment Premiums
WASHINGTON — From a dollars and cents viewpoint, natural gas is an effective alternative to diesel, early adopters of the fuel insist.
July 8, 2013Truck Credit Becoming Easier as More Banks Lend, Fleets Say
Obtaining financing for truck purchases is becoming easier, with more banks returning to a market that had been dominated by manufacturers’ finance arms, according to several lenders and fleet executives.
July 8, 2013Teamsters Approve Deal With ABF, But Several Side Pacts Rejected
Teamsters employees at ABF Freight System approved a new master contract, but additional talks will be required later this month because some side agreements were rejected.
July 8, 2013ATA to Host Dec. 4-6 Summit in Dallas That Will Focus on Technology, Data Analysis
American Trucking Associations said it will host a summit later this year to focus on how fleets can improve their performance using technology and data analysis.
July 8, 2013Campbell to Depart California Trucking Assn.
Mike Campbell, who has led the California Trucking Association for eight years, will retire from the organization as soon as it picks his successor, the group announced late last month.
July 8, 2013Driving Ban for Alcoholism Violates Law, Judge Rules
A federal judge ruled that Old Dominion Freight Line’s policy of never allowing a truck driver back behind the wheel after treatment for alcoholism is a violation of the Americans with Disabilities Act.
July 8, 2013Diesel Continues to Slide
U.S. retail diesel prices hit their lowest level in more than 11 months last week as the national average dipped 2.1 cents to $3.817 a gallon, according to data from the Department of Energy.
July 8, 2013Weekly Intermodal Traffic Slips 1.5%
Weekly intermodal volume declined by 1.5% for the week ended Saturday from a year ago but rose 3.6% for the first half of the year, the Association of American Railroads reported.
July 3, 2013