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.
Goodyear Names Christopher Helsel Chief Technology Officer
The Goodyear Tire & Rubber Co. named Christopher Helsel chief technology officer, effective Sept. 1, amid rapid and profound changes in the industry, according to the company.
August 21, 2017Funding Plan Must Continue Absent Infrastructure Council, Stakeholders Say
The White House’s recent announcement that an advisory council on infrastructure matters would not convene as planned should not derail efforts to achieve a long-term funding fix for infrastucture, policymakers and freight groups said.
Diesel Slips 0.2¢ to $2.596 a Gallon
The U.S. average retail price of diesel dipped 0.2 cent to $2.596 as crude oil prices were flat from the week before and failed to clear $48 a barrel amid forecasts U.S. shale oil production will set a record in September, experts said.
ACT For-Hire Trucking Index Jumps 20 Points
ACT Research Co. reported its for-hire trucking index in July rose for the seventh consecutive month to 57.1, up 20 points from a year earlier.
August 21, 2017Landstar Recognizes Darryl Francis for 1 Million Safe Miles Driven, His Third Million
Darryl Francis twice won awards for driving 1 million safe miles in his 18-wheeler and but for another time when the company went out of business, it could’ve been three.
Concrete Truck Driver Strike That Slowed Seattle Construction Ends With Labor Deal
The strike by Seattle concrete delivery truck drivers that slowed construction projects across King County, Washington, is coming to an end following a labor agreement reached Aug. 18.
Dawn of the ELD Era
The arrival of the electronic logging device mandate later this year is widely expected to create significant ripple effects across the supply chain.
Net Neutrality Threatened
Your competitor may soon be able to pay to have its website download faster than yours if a Federal Communications Commission proposal becomes law.
ELDs: A New Era in Trucking
The Dec. 18 implementation date for the federal electronic logging device mandate will mark the beginning of a new era in trucking. Electronic logs are nothing new, of course — many fleets have been using them voluntarily for years or even decades. But moving nearly the entire longhaul trucking business onto ELDs will enhance adherence to driver hours-of-service limits across the industry and put all carriers on equal footing.
Maven Introduces ELD, Fleet Management System
Maven Machines, provider of the Maven Co-Pilot headset for driver safety, has launched its own electronic logging device and has expanded its product line into a full fleet management system.
August 21, 2017