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.

Government, Business, Technology

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.

Eleanor Lamb | Staff Reporter
September 13, 2017
Business

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, 2017
Business, Technology, Equipment, Safety, Autonomous

Tesla 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.

Alan Levin | Bloomberg News
September 12, 2017
Business

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.

September 12, 2017
Government, Business, Technology

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.

Eleanor Lamb | Staff Reporter
September 12, 2017
Business, Logistics

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.

Ari Ashe | Staff Reporter
September 12, 2017
Government, Business, Safety

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.

Eric Miller | Senior Reporter
September 12, 2017
Business, Equipment, Safety

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.

Eugene Mulero | Senior Reporter
September 12, 2017
Government, Business, Technology, Safety, Autonomous

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.

Ryan Beene | Bloomberg News
September 12, 2017
Business

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.

Agnel Philip | Bloomberg News
September 12, 2017