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

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

Best 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.

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
Government, Business

Obama 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, 2013
Business

U.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