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.
Spot Rates Show Signs of Stabilizing as Economy Slides Into Recession
Research from companies that track trucking data suggests that while the spot rate market amid the COVID-19 crisis may be settling, the long-term effects of this steadying could be good for the industry.
Virus Will Take Toll on State Transportation Revenue, Experts Say
Experts indicate the coronavirus pandemic will have a significant negative effect on state revenue, including funding that supports transportation projects.
Hendrickson Adds to Front Steer Axles
Hendrickson Truck Commercial Vehicle Systems announced the expansion of its Steertek NXT portfolio of fabricated front steer axles to include 10,000- and 12,000-pound capacities.
April 6, 2020VW Used Defeat Devices in Diesel Engines, UK High Court Rules
A court in the United Kingdom ruled that Volkswagen AG used a so-called defeat device to help its diesel vehicles beat emissions tests, a decision that allows 91,000 customers to proceed with a class action against the carmaker.
Options Expand for Trailer Aerodynamics
Many trucking companies add various aerodynamic systems to their trailers to boost fuel economy, but how much fuel can these products truly save in real-world operating conditions?
Stoneridge Names James Zizelman President of Control Devices Division
Stoneridge Inc., a supplier of engineered electrical and electronic components for the commercial vehicle and automotive industry, named James Zizelman president of the control devices division.
April 6, 2020Instructional Technologies Offers Free Course on COVID-19 Safety
Instructional Technologies Inc., a provider of training solutions for the transportation industry, announced it is offering a free course for drivers on COVID-19 safety.
April 6, 2020Pelosi Pulls Back on Infrastructure in ‘Phase Four’ Stimulus
House Speaker Nancy Pelosi scaled back her ambitions for Congress’ next coronavirus stimulus package to focus on additional direct payments to individuals and expanded loans to businesses, possibly leaving an $800 billion infrastructure plan and other Democratic priorities for a later bill. (With video)
April 3, 2020DOT Ready to Help Truckers as They Support Country, Elaine Chao Says
Transportation Secretary Elaine Chao told Transport Topics during an exclusive interview that her agency stands ready to build on the actions it already has taken to help trucking support the country through the coronavirus crisis.
Colorado DOT to Expand Truck Parking at Two Rest Areas
The Colorado Department of Transportation is conducting a project to expand truck parking availability at two rest areas.