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.
CARB Defies EPA, Retains Obama Era Phase 2 GHG Rule
The California Air Resources Board on Feb. 8 unanimously approved plans to retain two Obama administration Phase 2 greenhouse gas emissions rule provisions for medium- and heavy-duty trucks that would regulate glider kits and trailer emissions.
Editorial: Taking Flight for Trucking
Truck manufacturers worked wonders for our staff’s air miles rewards programs last week, hosting three concurrent events to showcase three very different variants of commercial trucks.
February 8, 2018Trucking For-Hire Sector Grew by 37.8% From 2009-2016, DOT Statistical Report Says
The trucking for-hire sector grew by 37.8% from 2009-2016, and was No. 1 among transportation groups in contributing to the 2016 gross domestic product, according to a new U.S. Department of Transportation statistical report.
Dow Falls More Than 1,000 Points, S&P 500 Sinks 3.75%
The dread that gripped equity markets earlier in the week re-emerged Feb. 8 as U.S. stocks plunged on concern that rising interest rates will drag down economic growth.
Kenworth Preps Hydrogen-Electric T680 for Drayage at SoCal Ports
MOUNT VERNON, Wash. — Kenworth Truck Co. is wrapping up tests on a zero-emissions hydrogen-electric Class 8 truck that will be operating in drayage applications in Southern California by the end of March, company executives said.
Fulfillment Centers Moving Closer to Consumers
The growth in e-commerce is driving up demand for smaller industrial spaces nearer to cities so fulfillment firms can quickly get their products to customers, but it remains to be seen if fulfillment centers will start operating in suburban neighborhoods.
Consumer Comfort Stays Elevated Even as Stocks Fall
U.S. consumer comfort last week held near the highest level since 2001 even as stocks fell on concerns about higher interest rates, the Bloomberg Consumer Comfort Index showed Feb. 8.
J.B. Hunt Heads to High Court
J.B. Hunt Transport Inc. is asking the U.S. Supreme Court to exempt truckers from California’s law on meal and rest breaks and certain provisions of the state’s wage and labor law.
Google Emails Show Internal Concern Over Losing Driverless Lead
Three years ago, the head of Google’s self-driving car project emailed co-founders Larry Page and Sergey Brin to sound an alarm.
February 8, 2018Autonomous Coast-to-Coast Tesla Trip Past Deadline, Still Coming
Tesla Inc. hasn’t thrown its plan to demonstrate an autonomous cross-country drive out the window — it’s just tapped the brakes.