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.
Jacobs to Supply Engine Brakes for Hino XL Series
Jacobs Vehicle Systems announced the launch of a compression release engine brake for 2020 Hino XL Series heavy-duty trucks for the U.S. market.
February 12, 2019Small Businesses Not Optimistic Over Economic Outlook
Sentiment among U.S. small businesses slumped in January to the lowest level since Donald Trump became president as the economic outlook weakened amid the longest-ever U.S. government shutdown.
SteelRiver Infrastructure Looking to Sell Patriot Rail
SteelRiver Infrastructure Partners is seeking a buyer for Patriot Rail Co., a transportation business that could fetch more than $600 million, according to people with knowledge of the matter.
New England Motor Freight Shutdown Shakes Less-Than-Truckload Freight Market
In a move sure to shake up the regional less-than-truckload freight market in the Northeast and Mid-Atlantic states, New England Motor Freight filed for bankruptcy Feb. 11 and said it intends to wind down all of its trucking operations.
Top 100 Truck Bottlenecks: Texas Tops 2019 ATRI List With 13
The passage to the George Washington Bridge on the New Jersey side of the Hudson River has once again been named the country’s worst bottleneck for trucks. See a map of the 2019 Top 10 and the list of the Top 100.
Diesel Price Freezes at $2.966 a Gallon
The U.S. average retail price of diesel froze during the week of Feb. 11, remaining at $2.966 a gallon.
FMCSA Sued by California Over Uniform Meal-and-Rest-Break Declaration
California officials are suing the Federal Motor Carrier Safety Administration over the agency’s determination that federal rest-break laws pre-empt California’s separate meal-and-rest-break requirements.
Maryland Bill Would Allow Counties to Veto State Toll Plans
A Maryland legislator introduced a bill that would require the state to get majority approval from counties before installing tolls on highways and bridges that run through those counties.
Former Secretary Ray LaHood’s Roadmap for an Infrastructure Plan
A former DOT chief lays out a four-step plan to put America "back in the transportation business again." Here's Capitol Agenda's look at the week ahead for trucking on Capitol Hill.
Pennsylvania Trucker Quietly Goes About Amassing More Than 2 Million Safe Miles
Some people talk a good game, but that doesn’t describe Tim Palkovic. Ask the 60-year-old driver for Curtze Food Service what makes him a good truck driver, and he laughs a little as his silver Freightliner rolls down Interstate 90, headed west and home after a night pulling a pair of 28-foot trailers from Erie to Buffalo, N.Y., to Kenmore, N.Y., and back to Erie.
February 11, 2019