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.

Government, Business, TCA

Failing Pension Fund Threatens Thousands of Retired Truckers

Jim Onley logged more than a million miles behind the wheel during his more than three-decade career as a truck driver, but a letter delivered to his New Milford, Ill., home in April stopped him in his tracks.

Isaac Guerrero | Rockford (Ill.) Register Star
June 11, 2018
Business, Logistics, TCA

Good Salary, Sense of Adventure Drawing New Drivers to Trucking

Tom Clark says desk jobs he has worked in the past have involved 50- and 60-hour workweeks, not including daily preparation and commutes. So to him, a job that takes him away from home for large chunks of time isn’t an issue.

Jordan Larimore | The Joplin (Mo.) Globe
June 11, 2018
Business, Technology, Equipment, Fuel, TCA

Experimental Starship Initiative Truck Completes Cross-Country Test

A Starship landed in Jacksonville, Fla. But there were no aliens on board, just 40,000 pounds of reef-building material hauled cross-country in an experimental lightweight truck with streamlining everywhere.

Dan Scanlan | The Florida Times-Union (Jacksonville, Fla.)
June 11, 2018
Government, Business, Technology, Autonomous

Podcast Debut: ‘RoadSigns’ Tackles Autonomous

Welcome to the inaugural episode of Transport Topics' new podcast: RoadSigns. Our debut episode focuses on how the trucking industry’s steady and ongoing development of autonomous technology may someday affect truck drivers. Click to listen!

June 11, 2018
Business, Technology

Highly Effective Secrets to Building a Successful Data-Driven, Driver Incentive Program

Best-run fleets are using their data-driven rewards program as a differentiator to attract and retain quality drivers. They use monthly or quarterly driver scorecards based on comprehensive safety, fuel and operational data to develop and retain quality drivers.

June 11, 2018
Business, Safety

Scopelitis Attorneys: Class-Action Lawsuits More About Unhappy Drivers Than Wage, Hour Disputes

“Class-action lawsuits are like the plague. Every business owner hopes they pass by their company’s door,” Angela Cash, an attorney with Scopelitis, Garvin, Light, Hanson & Feary, said at the 2018 Scopelitis Law Seminar.

Eric Miller | Senior Reporter
June 8, 2018
Business, Technology

Ryder Reserves 500 Chanje Electric Panel Vans

Ryder System has reserved 500 new Chanje Energy medium-duty electric panel vans for its North American truck rental and ChoiceLease fleet, the company announced June 7.

June 8, 2018
Business, Technology, Fuel

Canadian Company Tests System That Converts CO2 Into Fuel

A Canadian startup is testing a system that sucks carbon dioxide from the air and converts it into fuel for cars and other vehicles.

Jim Efstathiou Jr. | Bloomberg News
June 8, 2018
Business, Safety

Massachusetts Grand Champion Brian Singelais Wants Another Shot at Overall National Crown

Frito-Lay’s Brian Singelais, Massachusetts’ grand champion, is ecstatic for the success of buddy and fellow New Englander Roland Bolduc, who won nationals last year. But, Singelais emphasized, “I want another shot.”

Eugene Mulero | Senior Reporter
June 8, 2018
Business, Technology, Equipment, Safety, Autonomous

Ford Refuses to Rush Into Robo-Taxis, Even After GM, Waymo Deals

General Motors Co. and Alphabet Inc.’s Waymo rocked the auto industry last week with self-driving deals that will have each deploying thousands of robo-taxis onto U.S. roads over the next 18 months. Ford Motor Co., meanwhile, will continue biding its time.

Keith Naughton | Bloomberg News
June 8, 2018