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.

Business, Technology

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, 2017
Government, Business

Funding 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.

Eugene Mulero | Senior Reporter
August 21, 2017
Business, Fuel

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.

Roger Gilroy | Senior Reporter
August 21, 2017
Business

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, 2017
Business, Safety, TCA

Landstar 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.

Cleveland Tinker | The Gainesville (Fla.) Sun
August 21, 2017
Business, TCA

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.

Mike Rosenberg | The Seattle Times
August 21, 2017
Government, Business, Technology, Equipment

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.

Mindy Long | Special to Transport Topics
August 21, 2017
Government, Business, Technology

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.

Joe Dysart | Webology 101
August 21, 2017
Government, Business, Technology

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.

Seth Clevenger | Managing Editor, Features and Multimedia
August 21, 2017
Business, Technology, Equipment, Safety

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