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.
Meal-and-Rest-Break, Funding Bills on Congressional Agenda
A key trucking provision tucked in an aviation reauthorization bill in the Senate and bills that would keep the U.S. Department of Transportation funded through fiscal 2019 await members of Congress when they return June 4 to Washington from the Memorial Day recess.
Canadian Government Publishes Final Rule on GHG, Glider Kits
The Canadian office of Environment and Climate Change published a final rule on greenhouse gas regulations pertaining to heavy-duty trucks and engines in Part 2 of the Gazette on May 30.
Senate Bill Would Ease HOS, ELD Demands on Livestock Haulers
A bipartisan group of senators recently introduced a bill that would relax both electronic logging device and hours-of-service requirements for livestock haulers.
XPO Invests $90 Million in LTL Fleet
XPO Logistics this year plans to spend more than $90 million to purchase 770 new tractors for its less-than-truckload network in North America.
May 31, 2018Trucking Interests Battle GOP Members of Congress on EPA Proposed Repeal of Glider Rule
A trucking industry-related coalition is engaged in a behind-the-scenes skirmish with two dozen Republican members of Congress over whether the Environmental Protection Agency should be required to conduct a regulatory impact analysis to support the agency’s proposal to repeal an Obama administration rule limiting the manufacture of glider kits.
GM Partners With Tech Investment Firm to Bring Self-Driving Vehicles to Market Next Year
General Motors Co. and the SoftBank Vision Fund are partnering to invest in GM Cruise to bring self-driving vehicles to market by next year, the company said May 31.
May 31, 2018UPS Truck Explosion at Kentucky Facility Under Investigation
State officials are investigating a May 30 truck explosion at a UPS Inc. maintenance facility in Lexington, Ky., that injured two workers.
Connecticut Gov. Dannel Malloy Says Volkswagen Settlement Funds Will Help Update Diesel Trucks
Connecticut is obtaining $7.5 million from the national Volkswagen settlement over emissions cheating and will use the funds to help replace aging diesel trucks and other equipment.
Produce Season Is Here — And It Could Bring a Rich Harvest for Shippers
Spring traditionally begins the produce season in the United States, with Florida shipping the vegetables it grew during the winter months and California loading up its vast bounty of vegetables, fruits and nuts to be trucked across the nation.
More Fleets Request Downsped Engines, Driven by Fuel Savings, GHG Regulations
More fleets are requesting downsped engines that run at about 1,100 rpm at highway speeds, significantly slower than previous generations of diesels.
May 30, 2018