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.
Capitol Agenda for the Week of Oct. 23: Industry and Government at Work
The collaboration between the trucking industry and federal regulators is bound to strengthen once the tenure of Ray Martinez at the Federal Motor Carrier Safety Administration kicks off. Here's the week ahead for trucking on Capitol Hill.
Multiemployer Pensions Thriving in Bull Market
A pair of reports on the health of the multiemployer pension system are shedding light on healthy plans and how a proposal to bail out those in grave danger of collapsing would financially hit taxpayers.
Tax Reform First, Then Infrastructure, Chao Says
ORLANDO, Fla. — The Trump administration’s multiyear infrastructure funding proposal to modernize freight corridors and commuter networks will be unveiled after Congress reforms the tax code, Transportation Secretary Elaine Chao said Oct. 23 at American Trucking Associations’ annual conference.
Wyoming Road Sign Auction Yields $33,000 for Highway Repair
The Wyoming Department of Transportation is placing the $33,005 it made from auctioning decommissioned road signs into its highway repair fund.
Ready or Not, Driverless Technology Beginnings Already Here
Some consumers say they are wary of a driverless car future, but a new survey says the beginnings of the technology which will power that future are already available on most new vehicle models and many consumers are willing to pay thousands of dollars for them.
Drones That Would Augment Truck Delivery Get Test Run in Las Vegas
Drones could be routinely dropping packages out of the air as early as this December, just in time for the busy holiday season, if one company that demonstrated its technology recently in Las Vegas has its way
Truckers Key to Job Growth, Labor Secretary Alexander Acosta Says
ORLANDO, Fla. — The trucking industry can play a major role in creating quality apprenticeship programs that could teach the skills needed to put some of the nation’s nearly 7 million job seekers to work, U.S. Labor Secretary Alexander Acosta said.
U.S. Xpress Sees Good Times Ahead
U.S. Xpress reached a deal to spend more than $200 million to buy 1,400 International LT semi-tractor sleeper trucks and 265 day cabs from Navistar International Corp.
A Good Time for Mack: Orders Surge 73% in Third Quarter
Mack Trucks is hauling a heavy payload of orders, following a robust third quarter in which the manufacturer that assembles its vehicles in the Lehigh Valley received a flurry of interest from customers.
‘Time to Move Forward’ on ELD Mandate, ATA's Spear Says
ORLANDO, Fla. — With the electronic logging device mandate fast approaching, the leader of American Trucking Associations emphasized that a delay will not occur, cementing the industry’s long-held view on the rule during his annual state of the industry address.