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.
Noregon Releases JPRO Upgrade for Technicians
Greensboro, N.C.-based Noregon Systems released the updated version of its JPRO Professional software featuring Repair Mentor that offers teaching tools for technicians and guides them to the right place to begin conducting a diagnostic session.
July 16, 2018Ports of Los Angeles, Long Beach Approve New Truck Clean Air Standards
Officials with the ports of Los Angeles and Long Beach, Calif., have approved measures that are designed to reduce air pollution from new trucks just entering drayage service, specifically those that go in and out of the marine terminals.
July 16, 2018TxDOT to Receive $1.1 Billion Boost from Surging Oil Business, Economy
Texas highways will get a $1.1 billion boost over the next year from the state’s vibrant economy, officials say, with much of that additional funding flowing from the booming oil and gas industry.
Capitol Agenda for the Week of July 16: If You Don’t Build It, They Will Come
Sen. Mike Lee (R-Utah) recently unveiled legislation that would leave it up to the states to raise the funds needed for infrastructure projects instead of having Congress do the heavy lifting and identify a long-term fix for the federal Highway Trust Fund. Here's a look at the week ahead for trucking on Capitol Hill.
US Retail Sales Advance for Fifth Month; May Revised Up
U.S. retail sales rose for a fifth month in June, and figures from May were revised upward amid gains at auto dealers and nonstore vendors, capping a quarter that probably saw consumer spending pick up after a tepid start to the year.
Medium-Duty Sales in June Post Mixed Gains
U.S. retail sales of medium-duty trucks rose 6.2% in June, largely relying once more on strong Class 6 sales to power the overall gain, WardsAuto.com reported.
Pensacola State College to Open Commercial Trucking School
Florida’s Pensacola State College is starting a commercial truck driver training program for the fall and Santa Rosa County is going to help.
Opinion: Do You Have a ‘Driver-Centric’ Culture?
Truck drivers are often away from a motor carrier’s physical buildings — where everyone else is located — so they don’t always develop as strong an attachment to the company as other employees do. So if a company doesn’t regularly reach out to drivers and involve them in its culture, that company runs the risk that drivers may look elsewhere for work, to a carrier that they perceive as better.
LTL Carriers Refine, Expand Services
Leaders at prominent less-than-truckload carriers are optimistic about the future as their companies adapt and expand services to capitalize on favorable long-term trends, such as the move toward smaller shipments and the growth of e-commerce.
2018 Top 100 For-Hire Carriers: Acquisitions, Growth Boost Rankings
There were big gains all around for the nation’s largest for-hire carriers, some driven by acquisitions and some by expansion in response to vigorous growth in demand for freight hauling.