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.
HOS Rules Relaxed as Subtropical Storm Moves Through Southeast
Hours-of-service rules are being relaxed in seven states as Subtropical Storm Alberto bears down on the Southeast.
May 29, 2018Ohio State Truck Driving Championships
Photo coverage of winners and scenes from the 2018 Ohio Truck Driving Championships May 18-19 in Sandusky, Ohio. (Randy DePuy for Ohio Trucking Association)
May 29, 2018Fatal Uber Crash Sheds Light on Use of Thermal Imaging
Since the Uber accident in March, autonomous car researchers’ eyes have been opening to the need to teach robots how to drive in the dark and avoid people who wander into the road.
C.R. England to Spend $11 Million on Driver Pay Raises
C.R. England Inc. will raise the pay of its over-the-road drivers with an increase tallying about $11 million annually. The carrier said it is the largest driver compensation increase in the firm’s 98-year history and will impact about 60% of its drivers.
Free Market vs. Subsidies at Heart of Brazil Truckers’ Strike
Brazilian cabinet ministers on May 28 called on truckers to end a crippling eight-day strike that has led to major shortages and disruptions in Latin America’s largest nation, saying the government had gone as far as it could to meet their demands.
Canadian National Railway Chief Sees Capital Spending on ‘High Side’ Again in 2019
Canadian National Railway Co. will likely top C$3 billion ($2.3 billion) in capital spending for the second straight year in 2019 as it aims to speed up trains and capture rising demand for freight such as grain and crude oil, its top executive said.
New Owner of Sirva Inc. Seeks to Boost Growth for Household Goods Mover
The new owner of Sirva Inc., the nation’s second-largest household goods mover, will try to inject new life into a business that has slumped in recent years due to changing demographics and a slowdown in business relocation activity.
Used Truck Sales Rise 9% in April
Used truck sales in April reached 22,900, up 9% from 21,000 in the same month in 2017, according to ACT Research Co.’s industrywide estimate.
Capital-Equipment Orders Rise in Sign of Resilient Demand
Orders placed with U.S. factories for business equipment rebounded in April even as the prior month’s figure was revised downward, indicating resilient demand at the start of the second quarter, Commerce Department figures showed May 25.
DOT Launches BUILD Grant Webinar Series
The U.S. Department of Transportation launched the first of a series of webinars May 24 to teach people how to compete for Better Utilizing Investments to Leverage Development, or BUILD, discretionary grants.