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.
Bendix Reaches Stability Control Technology Sales Milestone
Bendix Commercial Vehicle Systems reported it has sold 600,000 units of its electronic stability control program technology in North America since introducing the feature in 2005, and said demand is surging as new regulations take hold.
China Vows to Respond to US Tariffs With ‘Same Scale, Intensity’
China will respond to any tariffs imposed by the U.S. against alleged violations of intellectual property rights with the same proportion, scale and intensity, said its U.S. ambassador Cui Tiankai.
April 3, 2018California Starts Accepting Applications for Driverless Car Permits
California began accepting applications April 2 for permits to deploy self-driving cars on public roads without a human backup driver at the wheel.
April 3, 2018Wilcox Seeks ELD Exemption for DOE-Related Hauls
A trucking company that hauls loads for a federal laboratory has requested an exemption from the electronic logging device rule, according to a document scheduled for publication in the Federal Register on April 4.
Dow Drops More Than 400 Points After Being Down 700 as Trade-War Fears Intensify
Stock prices opened the second quarter with another sharp decline April 2 as investors grew increasingly worried about the rising U.S. trade dispute with China and a flurry of problems hammering the nation’s marquee technology firms.
Bill England, Former C.R. England Executive, Dies
Bill England, a former top executive at C.R. England Inc., died March 28 after a long illness. He was 95.
April 3, 2018Trump Pushing for Preliminary NAFTA Deal by Mid-April, Sources Say
The Trump administration is pushing for a preliminary NAFTA deal to announce at a summit in Peru next week, and will host cabinet ministers in Washington to try to achieve a breakthrough, according to three people familiar with the talks.
Volvo Begins Full Production of VNL 760 Model
Volvo Trucks North America announced it completed its transition from production of its legacy VNL 670 model to full production of the new VNL 760 designed for the longhaul market.
April 3, 2018N.C. School's Driver Training Program Offers Military a Career Path
Members of the military who earn a commercial driver license increase their chances of finding employment once they leave the service, Billy Erskine, director of the North Carolina Truck Driver Training School, told Transport Topics recently.
Russian Air Cargo Carrier Adding Service to Ohio Airport
Russia-based AirBridgeCargo Airlines will become the fifth international air cargo freighter operator at Rickenbacker Airport this week when it launches weekly scheduled flights April 5.
April 2, 2018