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.
C.H. Robinson Sets New Chemical Logistics Unit
C.H. Robinson Worldwide said Monday it has formed a new ChemSolutions division to provide logistics services to chemical manufacturing and distribution customers.
October 1, 2012Best Trucking Software 2024
For growing asset-based carriers, ensuring you have the right trucking software is essential for managing fleets, optimizing operations, and winning more higher-paying loads.
Eaton Buys Chilean Parts Manufacturer
Eaton Corp. has acquired Chilean heavy industry parts manufacturer Rolec Comercial e Industrial, the component supplier said.
October 1, 2012Oil Falls Below $92 a Barrel
Oil fell from its highest closing price in a week early Monday to below $92 a barrel as manufacturing levels fell in China, Bloomberg reported.
October 1, 2012Opinion: Virginia’s Troops to Trucks Program
With the availability of so many recently discharged veterans, many of whom have operated heavy vehicles, and the need for qualified drivers, one would think that Washington would find a way to expedite the marriage of the availability with the need.
October 1, 2012Editorial: Knock, Knock
“Hi. We’re from the government, and we’re here to help you.” Not buying it? Well, that seems to be the logic behind the Federal Motor Carrier Safety Administration’s filing in federal court last week, defending the agency’s decision to modify the 34-hour restart provision of the new hours-of-service rule.
October 1, 2012Trailer Orders Rise 15%, Ending String of Monthly Drops
Trailer orders rose 15% in August from a year earlier, ACT Research reported, reversing a recent pattern of decline and fueling hope that the traditionally strong fourth quarter order pace will occur again this year.
October 1, 2012More Universities Seek Industry Sponsors to Finance Transport Research, Experts Say
With federal funding of transportation research facing political and budgetary pressures, many schools and research institutions are turning to industry to support research ranging from alternative fuels to electronic networks that connect vehicles and roadway infrastructure in ways that could lead to fewer and less severe crashes, according to industry experts and academic sources.
October 1, 2012J.R. ‘Bob’ Halladay Dies; Longtime Trucking Leader
J.R. “Bob” Halladay, a longtime trucking leader who formerly served as senior vice president for federation relations for American Trucking Associations, died last week at the age of 91 after complications from a stroke and Parkinson’s disease.
October 1, 2012Hebe Defends Navistar’s Decision on EGR
TOOELE, Utah — Navistar’s choice of exhaust gas recirculation over selective catalytic reduction to comply with U.S. emissions rules failed not because of the technology, but because the company had no partners in the effort, said Jim Hebe, Navistar’s senior vice president for North America Sales Operations.
October 1, 2012DOT Needs Greater Oversight of TIGER Program, IG Says
Stronger oversight and better assessments are needed to determine if the TIGER grant program is producing its expected benefits, a report from the Department of Transportation’s Office of Inspector General said.
October 1, 2012