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.
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, 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.
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, 2013Alaska 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, 2013Opinion: 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, 2013Editorial: 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, 2013Oil Falls Below $90 a Barrel
Oil fell below $90 in early trading Monday as economic growth slowed in China, Bloomberg News reported.
April 15, 2013Drivers 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, 2013Fleet 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, 2013Obama Seeks Road Funds
President Obama’s 2014 budget contains a one-time boost of $27 billion for “critical highway infrastructure” and cross-border roads to augment the $41 billion Congress has already authorized for highways next year.
April 15, 2013U.S. Warns Firms That Move Household Goods Against Schemes to Avoid Loading Regulations
Federal officials are cracking down on moving companies that try to evade regulations for household-goods movers, saying companies that provide moving containers and the laborers to load the containers should be treated as movers under the law.
April 15, 2013