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.
The ELD Landscape Ahead
How strictly will the ELD mandate be enforced? If you have AOBRDs, should you switch or wait? TT Managing Editor/Features Seth Clevenger hosted LiveOnWeb: The ELD Landscape Ahead with special guest Joe DeLorenzo of FMCSA and additional guests by prerecorded video.
August 23, 2017More Trailer Makers Explore Options as E-Commerce Outpaces Total Retail Growth
Trailer makers Hyundai Translead and Strick Group are exploring options to provide equipment deliveries in the final mile as growth in e-commerce outpaces growth in retail sales overall, they said in separate announcements.
2017 Roadcheck Places 23% of Commercial Vehicles Out of Service
Nearly one of every four trucks that received comprehensive Level I inspections during the Commercial Vehicle Safety Alliance’s International Roadcheck this summer were taken out of service, CVSA reported on Aug. 23.
Little Known Bill on ELDs Quietly Gaining Supporters in US House
A U.S. House of Representatives bill that would delay the December mandate for electronic logging devices is quietly gaining co-sponsors despite lacking support from congressional Republican leaders, a committee of jurisdiction and most of the trucking industry.
Home Sales Dropped in July After Solid First-Half Run
A decline in U.S. purchases of new homes in July may be a sign the industry took a breather following an even stronger run of sales than previously reported, according to government data Aug. 23.
August 23, 2017In Latest Speech, Trump Promises Infrastructure Bill
After announcing an advisory council on infrastructure policy would not convene amid corporate leaders’ response to his reaction to racial violence, President Donald Trump expressed commitment to ensuring long-term funding legislation for the country’s transportation network is approved.
July Trailer Orders Increase 41%; Industry Optimistic for 2018
U.S. trailer orders jumped 41% in July compared with the weak 2016 period, supported by demand for dry vans and flatbeds — and trailer makers said they expected similar conditions in 2018.
More States Explore Truck-Platooning Technology and Regulations
It could be years before drivers on U.S. highways catch a glimpse of a tractor-trailer rig cruising down the highway with another truck trailing a perilous 20 or 30 feet behind.
Paccar Introduces Automated Transmissions
MOUNT VERNON, Wash. — Paccar has introduced a line of proprietary automated transmissions that the company says completes its integrated powertrain offerings.
CSX CEO Harrison Fires Back at Critics
CSX Corp. CEO E. Hunter Harrison issued a stark rebuke of complaints about poor service, sending a scathing letter to a coalition of rail shippers, lawmakers in the U.S. Senate and House of Representatives and regulators at the Surface Transportation Board.