Business

About Business News...

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.

Business, Equipment, Safety

Cooper Adds Tire Sizes for Specialty Trailers

Cooper Tire & Rubber Co. added new sizes to its Roadmaster RM272 tire line, which is engineered to withstand the demands of drop deck and spread axle trailers.

July 5, 2018
Business, Safety

New Mexico Grand Champion Is in a League of Her Own

Trucking isn’t just a man’s world, and Loretta Bruyere of FedEx Freight — New Mexico Grand Champion and proud owner of 2 million safety miles — is proving it.

Keegan Wiggins | Special to Transport Topics
July 3, 2018
Business

Class 8 Orders Explode in June Amid Clogged Backlogs, High Freight Demand

Surging Class 8 orders in June rushed past 42,000 units as fleets and dealers scrambled to get in line for 2019 production since clogged backlogs and supply chain disruptions have largely choked off the chance of getting a new truck this year.

July 3, 2018
Government, Business

DOT to Launch Pilot Program for Former Military Veteran Drivers Ages 18-20

Federal regulators July 3 announced plans to permit 18-20 year-olds with the U.S. military equivalent of a commercial driver license to operate large trucks in interstate commerce in a pilot program that will monitor their driving safety records.

Eric Miller | Senior Reporter
July 3, 2018
Business, Equipment

Cummins to Acquire Silicon Valley’s Efficient Drivetrains

Cummins Inc. announced it is acquiring Silicon Valley-based Efficient Drivetrains Inc., which designs and produces hybrid and fully-electric power solutions for commercial markets.

July 3, 2018
Business, Logistics

Dr Pepper Drivers in Chicago Reach Deal, End 40-Day Strike

More than 150 Chicago Teamsters ended their strike against Dr Pepper Snapple Group Inc. after ratifying a new four-year contract, union and company officials confirmed July 3.

Michael J. Bologna | Bloomberg News
July 3, 2018
Government, Business, Fuel, TCA

Missouri Lawsuit Aims to Remove Gas Tax Hike From Ballot

JEFFERSON CITY, Mo. — A state legislator from southwest Missouri has filed a lawsuit in an effort to stop a proposed gasoline tax increase from appearing on the state’s November ballot.

Jack Suntrup | St. Louis Post-Dispatch
July 3, 2018
Business, Technology, Equipment, Logistics

Drone Deliveries Become Reality as China Races to Take the Lead

The day after Chinese e-commerce giant JD.com Inc.’s midyear sale, a company drone took off from a playground in the city of Xi’an to deliver one of the orders in a football-sized box to a village in the mountains to the south.

July 3, 2018
Business, Safety

Indiana State Truck Driving Championships

Photo coverage of winners and scenes from the 2018 Indiana Truck Driving Championships June 29-30 in Indianapolis. (John Sommers II for Transport Topics)

July 3, 2018
Government, Business, Safety

Aviation Bill With Trucking Meal, Rest Break Language Yet to Reach Senate Floor

An aviation policy bill that has yet to reach the floor in the U.S. Senate includes a key trucking provision, and is among the policy priorities for members of Congress returning to Washington after the July Fourth recess.

Eugene Mulero | Senior Reporter
July 3, 2018