Business

About Business News...

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

C.R. England CEO Wayne Cederholm Dies at 57

C.R. England CEO Wayne Cederholm II died April 9 from complications of a bone marrow transplant. He was 57.

April 15, 2013

EDI for Trucking: Everything You Need to Know

Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.

Business

New York Manufacturing Index Expands for Third Month

Manufacturing activity in the New York region expanded for a third straight month in April, though the rate of expansion slowed, the Federal Reserve Bank of New York said Monday.

April 15, 2013
Business

ATA Hires Jeffrey Mason as Senior VP of Image and Communications

American Trucking Associations said it has hired Jeffrey Mason as senior vice president of image and communications, a newly created position.

April 15, 2013
Government, Business

Obama Administration Issues Permit for New Detroit-Windsor Bridge

President Obama approved a second bridge connecting Detroit with Windsor, Ontario, at the busiest crossing along the U.S.-Canada border, where a majority of traffic uses the 83-year-old Ambassador Bridge, Bloomberg News reported.

April 15, 2013
Government, Business, Fuel

Alaska Legislature Passes LNG Trucking Bill

The Alaska State Legislature has passed a bill authorizing up to $275 million for the development, construction and maintenance of a liquefied natural gas plant and distribution system in the state, the Associated Press reported.

April 15, 2013
Perspective, Business

Opinion: As the Wrench Turns

It’s no secret that the mechanic shortage is as prevalent as the driver shortage, and the fleet that manages to retain its service technicians — and keep them content and productive for the long term — has a huge financial advantage.

April 15, 2013
Editorial, Business

Editorial: Infrastructure Plan Lacks Funding

The good news is that President Obama once again has called for a major new federal investment in infrastructure to fix and expand our roads and bridges.

April 15, 2013
Business, Fuel

Oil Falls Below $90 a Barrel

Oil fell below $90 in early trading Monday as economic growth slowed in China, Bloomberg News reported.

April 15, 2013
Business

Drivers Avoid Drayage Runs Over CSA Violation Concerns

Drayage drivers are growing increasingly reluctant to pull container chassis because they fear high violation levels on that equipment will hurt their safety records, according to several industry officials.

April 15, 2013
Business, Government, Safety, Autonomous

Fleet Failures Double in 1Q as Costs Outpace Rate Hikes

Trucking failures doubled in the first quarter of 2013, reaching the highest level in nearly two years, and will keep rising because fleets’ costs are increasing twice as fast as revenue, according to a new investment report.

April 15, 2013