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.
Panelists Discuss Fuel-Effiency Opportunities
ATLANTA — Fuel efficiency should involve the enthusiasm of the truck driver in addition to aerodynamic features on the vehicle itself, according to John Vesey, over-the-road truck driver with Hirschbach Motor Lines.
Why Cyberattacks Should Be Concerning to Trucking
The trucking industry has improved with the use of technology, but the advancement has also increased the risk of cyberattacks.
US Chamber Renews Calls for Fuel Tax Increase
WASHINGTON — The expiration this fall of the country’s central highway policy law means that its reauthorization must be urgently addressed by Congress, Ed Mortimer, transportation director at the U.S. Chamber of Commerce, told a Senate committee Feb. 25.
ATA, HudsonCyber Team on Security Program
ATLANTA — American Trucking Associations and HudsonCyber on Feb. 25 announced an affinity program for ATA members though which motor carriers of all sizes can gain access to the company’s cloud-based cybersecurity suite.
Oil Dives After CDC Warns of Potential Virus Outbreak in US
Oil deepened a three-day rout as panic over a coronavirus outbreak in the U.S. gripped investors and sent shockwaves through commodity, equity and debt markets.
Walmart Denied Rehearing in $54 Million Back Pay Case
A three-judge panel of the 9th U.S. Circuit Court of Appeals has denied Walmart Inc. a rehearing in a lawsuit that now leaves the carrier with a lower court judgment to pay a large certified class of its California truck drivers more than $54 million in back pay for mostly layovers and rest breaks.
Go Power! Announces New Solar Panels for Trailer Tops
ATLANTA — Go Power! announced a 600-watt model of its flexible solar panels, which are designed to fasten across the tops of trailers. The system builds on the 300-watt Solar Flex panel, which can bend as it grips the top of a trailer.
New Jersey Budget Includes Record $590 Million for Transit
New Jersey Gov. Phil Murphy proposed a record $40.9 billion budget supported by a millionaire’s tax that would help underpin record spending on New Jersey Transit, pensions and schools.
NTSB Critical of Tesla, Apple in Probe of 2018 Crash
The 2018 fatal crash of a Tesla Inc. SUV, in which an Apple Inc. employee was playing a game on his company-issued phone and the car veered into a divider, highlights the “misuses of technology,” a U.S. investigator said Feb. 25.
The Importance of Honesty Between Fleets and Service Dealers at 2020 TMC
Government reporter Eleanor Lamb recaps the managers and trucking executives discussion about how to maximize uptime at 2020 TMC on Feb. 25.
February 25, 2020