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.
FleetPride to Be Purchased by TPG
Heavy-duty truck and trailer parts supplier FleetPride Inc. said it has agreed to be acquired by private equity firm TPG.
October 9, 2012Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
Interest Groups Relied on Faulty Arguments To Challenge HOS Provisions, ATA Asserts
A coalition of interest groups relied on faulty arguments that were often out of context and used little or no data in their objections to a recent truck driver hours-of-service rule that kept both the 11-hour workday and the 34-hour restart, American Trucking Associations told a federal court last week.
October 9, 2012FedEx Sets Three-Year $1.7 Billion Profit Growth Plan
FedEx Corp. set a goal to boost profit by $1.7 billion within three years, by cutting costs, as customers shift away from overnight shipments to slower and cheaper deliveries, Bloomberg reported.
October 9, 2012Oil Rises After Two Days of Drops
Oil rose after two days of decreases on optimism that European finance ministers will make progress on the region’s debt crisis, Bloomberg reported.
October 9, 2012Louisiana’s Cathy Gautreaux Wins TAEC Leadership Award
LAS VEGAS — Cathy Gautreaux, executive director of the Louisiana Motor Transport Association, was presented with the 11th annual ATA President Trucking Association Executive Council Leadership award here at ATA’s Management Conference & Exhibition here.
October 9, 2012CSA Overtakes Economy as Trucking’s No. 1 Concern, ATRI Survey Shows
LAS VEGAS — The federal CSA safety ratings program replaced the economy atop the list of the most critical issues facing the trucking industry, the American Transportation Research Institute announced.
October 8, 2012Mack, Michelin to Continue Sponsoring ‘Share the Road’ Program
LAS VEGAS — Mack Trucks Inc. and Michelin North America said they will continue as the main sponsors of American Trucking Associations’ Share the Road program in 2013.
October 8, 2012Mack, Michelin to Continue Sponsoring ‘Share the Road’ Program
America’s Road Team Saluted at MCE 2012
LAS VEGAS – Volvo Trucks said it will continue to be the sole sponsor of America’s Road Team in 2013.
October 8, 2012Volvo to Again Sponsor America’s Road Team
LAS VEGAS – Volvo Trucks said it will continue to be the sole sponsor of America’s Road Team in 2013.
October 8, 2012