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.
Fleets, Maintenance Shops Eye 24-Hour Service to Enhance Driver Productivity
Fleets find that by performing their own repairs, they can better control repair and wait times, and going commercial enables them to offset costs. Repairs can happen quickly while drivers are at home during their off-duty hours, making it a recruiting and retention tool.
February 20, 2019Dickinson Fleet Services Purchases Highway Express Trailer Repair Co.
Dickinson Fleet Services announced the purchase of Highway Express Trailer Repair Co., a move that expands the company’s trailer repair business in the Chicago-area market.
February 19, 2019GTI Transport Acquires Specialized Division of Precision Truck Lines
GTI Transport Solutions has purchased the specialized heavy-haul division of Precision Truck Lines and will move the business to a new location in Brantford, Ontario, where it will continue to operate with the same management and personnel under the name Precision Specialized Inc.
February 19, 2019J.B. Hunt Finalizes Acquisition of Cory 1st Choice Home Delivery
J.B. Hunt Transport Services completed the purchase of Cory 1st Choice Home Delivery on Feb. 15, the Lowell, Ark.-based transportation company and logistics firm announced.
February 19, 2019DTNA Unveils New Driver-Assist Technology in Freightliner Cascadia
WEST PALM BEACH, Fla. — Truck manufacturer Daimler Trucks North America recently demonstrated automated driver-assist technology that’s set to debut in its 2020 Freightliner Cascadia Class 8 model later this year, and said the system promises to make driving a truck — and the highways overall — safer.
Connecticut Gov. Ned Lamont Pivots From Truck-Only Toll Plan
Connecticut Gov. Ned Lamont has suggested a tolling program that would affect both cars and tractor-trailers, shifting away from an earlier pledge to only toll trucks.
Self-Driving Truck Startup Pronto Pursues Gradual Path to Automation
Pronto, the new self-driving truck startup launched by Anthony Levandowski, is pursuing a more incremental path toward autonomous driving than many of its competitors in the increasingly crowded race to bring automation to trucking.
Diesel Jumps 4¢ to $3.006 a Gallon
The U.S. average retail price of diesel rose 4 cents to $3.006 a gallon, according to the Department of Energy. The price of crude oil climbed into the mid-fifty-dollar range, a three-month high, as international supplies tightened and concerns over a deeper trade war with China lessened.
FMCSA Grants Pyrotechnics Group ELD Exemption
The Federal Motor Carrier Safety Administration has granted certain members of the American Pyrotechnics Association reprieve from the electronic logging device rule.
Caltrans Scrambles to Hire Road Maintenance Workers
Caltrans will consider hiring nearly anyone for 333 maintenance jobs it is trying to fill. The transportation department is on a spree to hire enough workers to improve road upkeep as called for in a 2017 gas tax bill that in November survived an initiative that would have repealed it.