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.
Spear to Target Jury Verdicts, HOS, Infrastructure at MCE
The head of American Trucking Associations plans to focus on fighting back against large court verdicts against the industry, continuing the push for a national infrastructure package and working toward reform for federal hours-of-service rules when the industry gathers for ATA's annual Management Conference & Exhibition in San Diego.
Walmart Receives Outside Interest in JetBlack Unit
Walmart Inc. is weighing the future of JetBlack, a pet project of its online chief that was the first business to emerge from its internal incubation arm.
ATA’s Costello Optimistic About Trucking Industry Economy, With One Exception
WASHINGTON — The spot market is suffering a decline in activity this year, but contract business and the promise of improving trade negotiations between the United States and China are helping to keep the freight market on steady ground, said the chief economist of American Trucking Associations.
Trailer Orders Fall for Fourth Straight Month
U.S. trailer orders in August bounced along below 11,000 units for the fourth consecutive month and were 72% lower than a year earlier, according to ACT Research, amid near-record factory inventories of undelivered trailers, plus plentiful cancellations.
GM Reverses Course, Says Strikers Will Keep Health Coverage
DETROIT — General Motors now says striking workers will get company-paid health insurance, nine days after telling the union that coverage would be cut off.
Long-Term Mortgage Rates Fall; 30-Year at 3.64%
WASHINGTON — U.S. long-term mortgage rates fell this week following a sharp rise the week before, making September the most volatile month for the key 30-year loan since March.
September 26, 2019Average Used Class 8 Price Falls for First Time Since January 2018
The price of the average used Class 8 truck sold in August fell year-over-year for the first time in 20 months as inventory piled up, ACT Research reported.
Save On Costs and Run Your Fleet More Efficiently with Data
Margins are tight in the trucking industry and have put many businesses under pressure. To compete, fleets must minimize costs and operate as efficiently as possible. But, how? Vehicle gateways have given carriers access to a treasure trove of data on their operations. In this short webinar, KeepTruckin will walk through tangible ways to use it.
September 26, 2019FHWA Says New Highway Project Rule Encourages Use of Innovative Materials
The Federal Highway Administration has issued a final rule that it said will provide greater flexibility for states to use proprietary or patented materials in federal-aid highway projects.
DeFazio: House Transportation Panel Likely to Take Up Highway Bill Early Next Year
WASHINGTON — The transportation committee in the U.S. House of Representatives is likely to consider a long-awaited highway bill early next year, Rep. Peter DeFazio, the chamber’s top transportation policymaker, said in an exclusive interview with Transport Topics.