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.

Business, Fuel, TCA

Fraud Scheme Fueled by Fight for Gallons, Former Pilot Flying J Executives Testify

CHATTANOOGA, Tenn. — Of the $92 million Pilot Flying J’s board of directors has admitted its employees defrauded trucking companies, as little as 20% went directly into the pockets of those confessed conspirators, testimony has shown.

Jamie Satterfield | Knoxville (Tenn.) News-Sentinel
December 4, 2017
Business, Equipment

Minimizer Introduces Aftermarket Fender for Wide-Base Tires

Minimizer announced four models of an aftermarket fender for super single tires.

December 1, 2017
Business, Technology

Ryder Sponsors Plug and Play’s Program for Startups

Ryder System Inc. announced it is sponsoring Plug and Play, a global startup ecosystem and venture fund specializing in the development of early-to-growth stage technology startups in 12 verticals.

December 1, 2017
Government, Business, Technology, Equipment, Safety

Indiana Attorney General Curtis Hill’s Request for ELD Delay Draws Rebuke

Indiana Attorney General Curtis Hill published a letter Nov. 29 asking the Federal Motor Carrier Safety Administration to delay the electronic logging device rule, a move that prompted a quick response from the trucking industry.

Eleanor Lamb | Staff Reporter
December 1, 2017
Business, Technology, Equipment

Efficient Drivetrains Announces New Class 8 Products

Efficient Drivetrains Inc. expanded its EDI PowerDrive product line to include a new powertrain suitable for Class 8 vehicle applications.

December 1, 2017
Government, Business

Lawmaker Debuts Bill for Pilot Project to Allow Underage Truck Drivers to Cross State Lines

A New York congresswoman has introduced legislation that would expand a pilot program that allows individuals between the ages of 18 and 21 without military experience to drive in interstate commerce if they possess a commercial driver license, clean driving record and appropriate Department of Transportation training certification.

Eric Miller | Senior Reporter
December 1, 2017
Business, Technology, Logistics

Campbell Is Testing Online Soup Delivery

Campbell Soup Co. is testing an online service that will deliver soups to customers’ doors, part of an effort by the 148-year-old food giant to shake off a sales slump and update its business model.

December 1, 2017
Business, TCA

‘The Professional Driver is the Lifeblood of Pilot Flying J,’ Ex-President Says in Video

CHATTANOOGA, Tenn. — While his salesmen were ripping off trucking companies, former Pilot Flying J President Mark Hazelwood took to a stage playing the role of “Mark the driver,” testimony showed.

Jamie Satterfield | Knoxville (Tenn.) News-Sentinel
December 1, 2017
Business, Technology, Equipment, Fuel

ACT Seeks Participants in Study of Electric Vehicle Market

ACT Research Co. is developing a multiclient study to define a vision of the United States and Canada market potential for electric medium- and heavy-duty commercial vehicles stretching into the year 2035.

December 1, 2017
Business, Technology, Equipment, Autonomous, TCA

General Motors Says Self-Driving Taxi Fleets Coming in 2019

Big fleets of robot taxis — with no backup drivers — from General Motors could hit the streets of San Francisco and other cities in less than two years, the company said Nov. 30.

Carolyn Said | San Francisco Chronicle
December 1, 2017