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.
FMCSA Receives Two More Petitions for HOS Exemption
The Federal Motor Carrier Safety Administration has received requests for exemption from hours-of-service rules from a trade group representing waste haulers and a business that provides ground support for helicopters.
Tolling Plan Approved for Manhattan, but Rates Remain Unclear
New York Gov. Andrew Cuomo’s recently approved spending plan includes a variable tolling program that would affect travelers driving into Manhattan. Its impact on trucking is still unknown.
Grammer Industries Acquires Sterling Transport Co.
Grammer Industries Inc. announced it has acquired North Vass, N.C.-based Sterling Transport Co.
NYC Congestion Pricing Triggers Hustle for Discounts, Exemptions
Commercial truckers want out of New York City’s first-in-the-nation congestion pricing. So do advocates for the disabled, taxi drivers and swaths of the suburbs.
April 2, 2019NHTSA Probing Hyundai, Kia for Cars That Catch Fire
The National Highway Traffic Safety Administration is investigating some 3 million U.S. vehicles made by Hyundai Motor Co. and Kia Motors Corp. after thousands of complaints that the vehicles went up in flames even without being involved in a crash.
Shell to Leave Oil Lobby Group Over Climate Policy Concerns
Royal Dutch Shell Plc’s position on climate change is misaligned with about half of the trade associations it’s a part of, and the company says its disagreement with one is so severe that it will let its membership lapse next year.
Business-Equipment Orders Post Third Drop in Four Months
Orders placed with U.S. factories for business equipment fell in February for the third time in four months, suggesting corporate investment remains subdued amid a slowing global economy and uncertainty over the trade war with China.
April 2, 2019Diesel Dips 0.2¢ to $3.078 a Gallon as Oil Surges
The U.S. retail diesel average price dipped 0.2 cent to $3.078 a gallon, the Department of Energy reported, as the price of crude oil surged past $61 a barrel amid tighter supplies.
Tesla Quarterly Sales Announcement Could Come With a Surprise
Tesla Inc. will announce this week how many cars it built and sold for the quarter. It’s always a day of suspense for investors, especially after a tumultuous 2018 in which production tripled while managing to fall short of dramatic targets set by Tesla CEO Elon Musk. This time around, there could be another surprise.
Senate Appropriators Raise Livestock Industry’s ELD Concerns
Federal policymakers continue to share livestock haulers' concerns over the ELD mandate. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.