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.
New TMC Chairman Kenneth Calhoun Aims to Bolster Technician Recruiting, Training
Advancing the Technology & Maintenance Council’s efforts to address the trucking industry’s technician shortage and enhancing education and training for entry-level workers are among the top priorities for Kenneth Calhoun, the council’s new general chairman and treasurer.
Editorial: Mining Data to Cover More Miles
The importance of mining repair data for information that can help improve the performance of motor carriers’ equipment was a continuous message during presentations at the annual meeting of the Technology & Maintenance Council of American Trucking Associations recently from companies across the spectrum of industry suppliers. They either introduced or updated products designed to wring more efficiencies out of freight operations.
March 21, 2019GM Plans Electric Investment in Michigan Plant
General Motors Co. will throw a bone to President Donald Trump on March 22 by announcing an investment in its electric-car plant north of Detroit after enduring days of intense criticism for idling an Ohio factory.
March 21, 2019Fleets Credit Safety Systems, Video With Reducing Crashes, Claims
ATLANTA — Active safety technologies such as collision mitigation and lane departure warnings have proved effective at preventing crashes, but proper maintenance and driver training are necessary to get the most out of these systems, fleet executives and suppliers said.
Congress Returns to Debate Infrastructure, Fiscal 2020 Funding, Nominees
Policymakers make their way back to Capitol Hill after a weeklong spring recess to continue to stitch together the provisions for a comprehensive infrastructure bill they want to pass by August.
Florida Farmers Push Protection as Trump Seeks USMCA Approval
Manatee County, Fla., tomato farmer Gary Reeder says he has seen the county’s tomato industry “basically cut in half” during his lifetime. Reeder says Florida tomato farmers struggle to compete with their counterparts in Mexico.
Thousands More Trailer Orders in February Amid Jammed Backlog
U.S. trailer orders keep on coming and hit the mid-20,000s in February, contending for positions in an already lengthy backlog, analysts reported.
Lytx Posts Record Level of Contract Value in 2018, CEO Brandon Nixon Says
Lytx, the maker of the DriveCam video system for commercial truck fleets, posted a 30% increase in the number of vehicles using its technology in 2018 as more companies adopt in-cab cameras to reduce risk.
March 21, 2019FMCSA's HOS Rule Suspensions Continue Amid Flood Recovery
Federal and state emergency declarations relaxing hours-of-service rules for haulers involved in the relief response to severe flooding in the Midwest remain in effect.
Philadelphia Fed’s Factory Outlook Is Weakest in Three Years
The six-month outlook for manufacturing in America’s mid-Atlantic region slumped to a three-year low, another sign that expectations for weaker global growth may be weighing on producers.