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.
Contractor Association Requests Exemption From ELD Rule
The Power and Communication Contractors Association has requested an exemption from the impending electronic logging device mandate, according to an announcement from the Federal Motor Carrier Safety Administration.
Wholesale Prices Increase on Jump in Energy Costs
Rising U.S. wholesale prices in August reflect the biggest jump in energy costs since January, while underlying inflation remained contained, a Labor Department report showed Sept. 13 in Washington.
September 13, 2017Tesla Automation Faulted by NTSB in 2016 Fatal Florida Crash
Tesla Inc.’s design of its Autopilot system contributed to a 2016 fatal crash in Florida, accident investigators concluded as they recommended all automakers prevent autonomous driving systems from being used on roads for which they are not designed.
US Household Incomes Rose to Record in 2016 as Poverty Fell
The U.S. median household income rose to a record last year and the poverty rate fell, as steady economic growth helped improve the lot of more Americans, according to annual data from the U.S. Census Bureau released Sept. 12.
NCDOT Considering Technology, More Truck Stops to Ease Parking Shortage
North Carolina’s Department of Transportation is exploring construction of additional truck stops and installation of sensor technology to resolve its shortage of truck parking spaces.
LTL Sector Enjoys Fruitful 2017
Indications are that the truckload market is bouncing back from some rough conditions earlier this year, according to industry analysts at Stifel, Nicolaus & Co.
Some Carriers Worry How Proposed Safety Scoring Could Affect Them
While a recent public meeting hosted by the Federal Motor Carrier Safety Administration gave motor carriers a chance to vent on a possible plan that could modify the way the agency assesses the safety of the nation’s truckers, the meeting seemed to leave some of them uneasy over what the plan could portend for the future.
NTDC Grand Champion Roland Bolduc to Be Honored at MCE
The top driver at this year’s National Truck Driving Championships will be honored at the Management Conference & Exhibition hosted by American Trucking Associations in October.
Trump’s Regulators Ease the Path for Self-Driving Cars
The Trump administration will alter the course set by the Obama administration on autonomous vehicle policy after industry raised concerns about elements of that initial proposal.
Job Openings in US Increased to a Record in July
U.S. job openings unexpectedly rose to a record in July, indicating resilient demand for workers, Labor Department figures showed Sept. 12.