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.
DOT Extends Comment Period on Its Regulatory Review to Dec. 1
The U.S. Department of Transportation has extended the public comment period to Dec. 1 on its review of a number of existing “economically significant rulemakings” ranging from a final rule on Commercial Driver’s License Drug and Alcohol Clearinghouse to a final rule establishing minimum training requirements for entry-level commercial motor vehicle operators.
Communication Helps With Driver Hiring, Retention
Finding and retaining qualified drivers can be a difficult and time-consuming task, but there are some human resources firms offering alternatives to old-fashioned interviews to get them on the road.
Diesel Dips 0.3¢ to $2.912 a Gallon as Oil Slips
The U.S. average retail price of diesel dipped 0.3 cent to $2.912 a gallon, marking its first decline in more than a month, the Department of Energy reported Nov. 20.
Capitol Christmas Tree Hauled by Award-Winning Montana Owner-Operator
The nation soon will celebrate lighting the U.S. Capitol Christmas Tree, which has been hauled by veteran driver Larry Spiekermeier for Whitewood Transport.
November 20, 2017Gautreaux Starts as No. 2 at FMCSA
The country’s regulatory agency for trucks and buses has a new deputy administrator in Cathy Gautreaux.
Florida's Citrus Industry Struggles After Irma
Florida’s citrus crop is being counted as a major casualty of September’s Hurricane Irma, with some predicting the harvest could drop to levels not seen for more than 75 years.
Robot Makers Fill Their War Chests in Fight Against Amazon
A few years ago, Amazon.com Inc. triggered a robot arms race when it purchased a company called Kiva Systems, maker of automated warehouse robots. Now its would-be rivals are landing bigger and bigger cash injections to try to compete with the e-commerce giant.
Lease or Buy?
The decision between leasing or buying new trucks often comes down to dollars and cents, and can have far-reaching effects on a company’s long-term finances, industry experts said.
Experts Say Fleets Should Prepare for New Lease Accounting Rules
Fleets that lease their trucks should start preparing now for new lease accounting rules that begin taking effect for public companies at the end of next year, accounting professionals and industry experts said.
Former Pilot Flying J Executive Ruled Out Defrauding U.S. Postal Service
CHATTANOOGA, Tenn. — The former Pilot Flying J executive who spent three days as a government witness hoping to garner a drop in the prison term he faces was once too afraid of jail to fleece the government, secret recordings showed.