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.
Alabama Grand Champion David Hawk Paces FedEx Freight
David Hawk is taking his driving skills from Pelham to Pittsburgh. The FedEx Freight driver won the 3-Axle competition and clinched Grand Champion honors in the Alabama Truck Driving Championships earning a spot in the national event in August.
Experts Say Washington Needs to Treat Infrastructure Funding as 'Exigent Crisis'
There is ample room for creativity in developing solutions to fix the nation’s transportation infrastructure, but elected officials must overcome their differences and work together if they hope to succeed, experts said.
Ryder Promotes Rich Mohr to Chief Technology Officer at Fleet Management Unit
Ryder Fleet Management Solutions, a unit of Ryder System Inc., appointed Rich Mohr chief technology officer.
June 4, 2019Navistar Posts 2Q Net Loss After Settling Engine Issues; Revenue Climbs
Navistar International Corp. reported fiscal year second-quarter revenue increased while a legal settlement of legacy engine issues led to a loss in net income.
Persistence Pays Off for Maryland Grand Champion Kurt Royer of YRC Freight
TIMONIUM, Md. — YRC Freight truck driver Kurt Royer has competed in the Maryland Truck Driving Championships nine times since 1999. And although he’s gone on to nationals four times, he’s never gone as Maryland’s Grand Champion. But at this year’s event he was named Grand Champion after earning the highest overall score.
FMCSA Launches Interstate Pilot Program for Drivers Ages 18-20 With Military Experience
The Federal Motor Carrier Safety Administration is now accepting applications for a pilot program that would allow people between the ages of 18 and 20 who possess the U.S. military equivalent of a commercial driver license to operate trucks in interstate commerce.
Diesel Drops 1.5¢ to $3.136; Oil Close to Bear Market Price
The U.S. average retail price of diesel dropped 1.5 cents to $3.136 a gallon, the Department of Energy reported. Crude oil plunged to $53 a barrel and flirted with a bear market as the tensions surrounding international trade mounted.
June 3, 2019Seattle DOT Considers Congestion Pricing
Seattle has become the latest metropolitan area to consider the possibility of congestion pricing to mitigate traffic.
Safety, Style, Family to Dominate at Indiana Truck Driving Championships
Safety, style and family will be on display at the Indiana Truck Driving Championships, held June 7-8 at Lincoln College of Technology in Indianapolis.
2019 Missouri Truck Driving Championships
Photos from the 2019 Missouri Truck Driving Championships May31-June 1 in Branson. (Missouri Trucking Association )
June 3, 2019