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

R.I. Trucking Issues 'Call to Arms' Over Route Restrictions

The Rhode Island State Traffic Commission’s recent denial of a request to restrict tractor-trailers from certain secondary roads will galvanize companies to stand up against such regulations during the commission’s next hearing, said Chris Maxwell, president of the Rhode Island Trucking Association.

Eleanor Lamb | Staff Reporter
August 24, 2017
Government, Business, Fuel

Four Former Pilot Executives Set for Trial Oct. 31

More than four years after an FBI raid on the headquarters of Pilot Flying J, the exhaustive investigation into a diesel fuel rebate fraud could be nearing its end come Oct. 31.

Eric Miller | Senior Reporter
August 24, 2017
Business

Consumer Comfort Is at a 16-Year High

Consumer confidence, including views about the U.S. economy, advanced again last week to a 16-year high, indicating spending will remain solid, according to Bloomberg Consumer Comfort data released Aug. 24.

August 24, 2017
Government, Business, Technology, Equipment, Safety

EPA Plan to Revisit GHG Phase 2 Raises Questions

Less than five months from the starting date of Phase 2 of the federal rule on GHG emissions from trucks, a statement from EPA Administrator Scott Pruitt on his plan to revisit the regulation’s sections on trailers and glider kits has created confusion and uncertainty.

Jonathan S. Reiskin | Associate News Editor
August 24, 2017
Government, Business, Logistics

North American Trade Reps Start Talks on NAFTA Overhaul

Trade representatives from the United States, Canada and Mexico have begun talks aimed at resetting terms of the North American Free Trade Agreement, a process that is expected to take many months to conclude and which could have profound implications for freight carriers and the supply chain operations of companies in all three countries.

Daniel P. Bearth | Staff Writer
August 24, 2017
Government, Business, Technology, Equipment, Safety, Autonomous

Driverless Vehicles of the Future Confront Rules Written for Drivers

When the U.S. government finally got around to regulating auto safety in 1967, it insisted that every car have seatbelts and that the steering column be engineered to absorb impact so it wouldn’t spear the driver.

Ryan Beene | Bloomberg News
August 24, 2017
Business

Below-Forecast US Jobless Claims Signal Tight Labor Market

The number of Americans filing for unemployment benefits was less than estimated last week and near a four-decade low, indicating the job market remains tight, Labor Department data showed Aug. 24.

August 24, 2017
Government, Business, Technology, Equipment

Fuel Economy Improves for 9th Straight Year, NACFE Study Finds

Nineteen fleets tracked by the North American Council for Freight Efficiency showed fuel efficiency improvements last year, for the ninth straight year, but the gain was just 1% year-over-year as some fleets dropped certain fuel-saving technologies and as other factors such as extreme summer heat played a role in fuel consumption.

Roger Gilroy | Senior Reporter
August 24, 2017
Government, Business, Technology, Equipment, Safety, Logistics

Russ Elliott on Melton Truck Lines' ELD Implementation

Russ Elliott, senior vice president of operations at Melton Truck Lines in Tulsa, Okla., tells TT's Seth Clevenger about his carrier's experience with ELD implementation. Part of our Aug. 23 LiveOnWeb: The ELD Landscape Ahead. Watch full program at bit.ly/TT-LOW0823.

August 23, 2017
Government, Business, Technology, Equipment, Safety, Logistics

Tom Poduch of Transervice Logistics on ELDs

Tom Poduch, director of design logistics at Transervice, talks about transitioning from AOBRDs to ELDs and other ELD topics with TT's Seth Clevenger. Part of our Aug. 28 LiveOnWeb program, "The ELD Landscape Ahead." bit.ly/TT-LOW0823

August 23, 2017