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.
‘Fiscal Cliff’ Sparks New Deals as Carriers Ponder Tax Changes
The nation’s pending “fiscal cliff” and uncertainty about future federal tax rates are turning up the pressure to complete trucking industry acquisitions and sales before the end of the year, according to industry experts.
December 10, 2012Truckbase Business Overview, Features, Reviews 2024
Truckbase has emerged as the next-generation truck dispatch software leader with its suite of easy-to-use tools for truckload carriers.
Fleets Move to Clear Backlog After SoCal Port Strike Ends
Southern California port truckers returned to work last week, and began moving tens of thousands of containers trapped by the eight-day walkout by the union that represents the port’s clerks,
December 10, 2012Communication Is Key to Getting Trucks Fixed After Roadside Breakdowns, Repairers Say
When trouble strikes and a truck is disabled, establishing clear lines of communication between the driver, the driver’s dispatcher and the technician handling the problem are paramount to ensuring that the vehicle gets back on the road quickly and at minimal cost, according to the managers of several roadside-repair networks.
December 10, 2012Fleets Must Reshape Shops to Handle Natural Gas, Experts Say
ARLINGTON, Va. — Fleet managers intent on choosing natural gas as a truck fuel will have to go through a complicated and expensive process to convert, including the development of training and maintenance procedures, said participants in the American Trucking Associations’ Summit on Natural Gas in Trucking.
December 10, 2012Infrastructure, Maintenance Among Issues Preventing Faster Transition to Natural Gas
ARLINGTON, Va. — The low price of natural gas is a main reason why it is so appealing to trucking, but concerns ranging from infrastructure to maintenance are forcing the industry to go slow, executives said.
December 10, 2012Natural Gas Incentives Unlikely, Congressmen Tell Summit
ARLINGTON, VA. — Trucking should expect “piecemeal” measures that promote natural gas use because the federal government probably is too divided to tackle comprehensive legislation that could include incentives for buying natural gas trucks, two congressmen said.
December 10, 2012Truckers Shun Texas Road With 85-MPH Speed Limit
The new Texas toll road that has the nation’s fastest speed limit — 85 mph — is rarely used by trucks because it is expensive and has little to offer, carriers said.
December 10, 2012Perdue Partners Acquires Benton Express
Perdue Partners said it has acquired Atlanta-based logistics company Benton Express Inc. Terms were not disclosed.
December 10, 2012Diesel Dips, But Stays Above $4 for 26th Week This Year
U.S. retail diesel prices inched down 0.7 cent a gallon last week, but at $4.027 the average price of trucking’s main fuel has now topped $4 for a record 26th week this year, the Department of Energy reported.
December 10, 2012Rahall to Keep No. 2 Rank on Transport Panel
Rep. Nick Rahall (D-W.Va.), was selected by the House Democratic Caucus last week to continue to serve as the ranking member on the House Transportation and Infrastructure Committee when the new Congress convenes in January.
December 7, 2012