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.
Opinion: Creating Future Truck Drivers
Trucking today faces one of the worst driver shortages ever, a situation experts say will only get worse, while at the same time, national unemployment recently topped 15%.
September 29, 2011Best 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.
Mica Letter Cites ‘Concern’ on Proposed Hours-of-Service Rule Changes
House Transportation and Infrastructure Committee Chairman John Mica and three other congressmen have sent a letter to President Obama expressing “concern” over proposed changes to the federal hours-of-service rules governing truck drivers.
Oil Falls to Near $83 a Barrel Following Supply Report
Oil fell more than $1 Wednesday to near $83 a barrel following a Department of Energy report that showed supplies rose last week, Bloomberg reported.
September 28, 2011August Truck Tonnage Rises 5.2%
Truck tonnage rose 5.2% in August from a year ago, the 21st straight month of year-over-year improvement, American Trucking Associations said.
September 28, 2011Durable Orders Dip 0.1% in August
Durable goods orders declined 0.1% in August as demand for automobiles and parts dropped, the Commerce Department said Wednesday.
September 28, 2011WalMart Transportation’s Rickey Oliver Named ATA’s Driver of the Year
Rickey Oliver, a Mississippi-based truck driver for WalMart Transportation, was named American Trucking Associations’ 2011 National Truck Driver of the Year.
September 28, 2011NAFTA Surface Trade Jumps 18.1% in July
Surface trade among the United States, Canada and Mexico rose 18.1% in July from a year ago, the Department of Transportation reported.
September 27, 2011YRC Names Two Trucking Chiefs; Eliminates Four Executive Posts
Continuing a recent management shakeup, less-than-truckload carrier YRC Worldwide said it has appointed two executives to key positions and eliminated four executive roles.
September 27, 2011Appeals Court Rejects L.A. Port’s Ban on Independent Truckers
A federal appeals court rejected a plan by the Port of Los Angeles to ban independent operators from drayage operations, giving American Trucking Associations a victory in a major point of its lawsuit challenging several points in the port’s clean trucks program.
Diesel Falls 4.7¢ to $3.786 in Third Straight Decline
Diesel declined for a third straight week, declining 4.7 cents to $3.786 a gallon, its biggest drop since mid-August, while gasoline plunged almost a dime, the Department of Energy reported.
September 27, 2011