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, Fuel, Autonomous

Lack of Road Funding Hurts Efficiency Efforts, DTNA’s Daum Says

LOUISVILLE, Ky. — The head of North America’s largest heavy-duty truck maker said the U.S. government’s failure to sufficiently fund infrastructure is undermining efforts to improve fuel efficiency and reduce emissions.

April 6, 2015

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.

Business, Safety, Autonomous

Truckload Turnover Remains Elevated as Fleets Try More Retention Methods

Truckload driver turnover remains stuck at historically high levels as fleets pursue every possible approach to retain them, American Trucking Associations reported last week.

April 6, 2015
Business, Autonomous

Consolidation in Truck Technology Sector Opens Door for Innovation, Companies Say

Consolidation in the trucking technology sector is opening up new possibilities for product development, including more comprehensive offerings and deeper integrations, technology executives and analysts said.

April 6, 2015
Business

TMAF Meets First-Year Fundraising Goal, Plans to Expand Message During 2015

LOUISVILLE, Ky. — After reaching its $1 million fundraising mark for 2014, a coalition that promotes the trucking industry’s image and safety record plans to raise more this year, an industry executive said here March 25 at the Mid-America Trucking Show.

April 6, 2015
Business, Technology

Product Integration Among Competitors A Growing Trend in Technology Sector

Trucking technology companies said they will continue to offer product integrations with outside vendors, even as mergers and acquisitions increasingly bring their partners under the same corporate ownership as their direct competitors.

April 6, 2015
Business, Fuel, Autonomous

Energy, Environment Critical Issues for Trucking, Volvo CEO Persson Says

LOUISVILLE, Ky. — Energy and the environment remain issues of great importance for trucking, in terms of the types of fuels consumed and the resulting laws and regulations, the CEO of Volvo Group said.

April 6, 2015
Business, Safety, Government, Technology

FMCSA Official Defends CSA, New App; Truckers Express Concern, Frustration

LOUISVILLE, Ky. — A senior Federal Motor Carrier Safety Administration official defended the Compliance, Safety, Accountability program and the recently unveiled smartphone app designed to facilitate access to the program’s ratings and performance data.

April 6, 2015
Government, Business, Safety, Autonomous

Drivers Worry Federal Medical Guidelines Could Result in Additional Disqualifications

LOUISVILLE, Ky. — Drivers attending the Mid-America Trucking Show criticized current medical guidelines, but a Federal Motor Carrier Safety Administration official stressed the need to ensure they are fit to work.

April 6, 2015
Business, Logistics, Fuel, Government

Diesel Average Hits Five-Year Low

Diesel’s national average retail price fell to a five-year low, dropping 4 cents to $2.824 a gallon, the Department of Energy reported.

April 6, 2015
Business

Flatbed Carriers Await Spring’s Freight Bloom

Flatbed freight markets in the early spring generally are solid, but the hoped-for surge from housing-related business hasn’t yet begun.

April 6, 2015