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, Safety

FMCSA Advisory Panel Backs Plan to Eliminate 12 Vehicle Regulations

A Federal Motor Carrier Safety Administration advisory committee agreed to a preliminary plan by the agency to eliminate 12 mostly outdated “nothing burger” commercial vehicle regulations to comply with President Donald Trump’s executive order intended to ease regulatory burdens on businesses.

Eric Miller | Senior Reporter
June 19, 2017
Business

ATA Economic Summit Will Assess Health of Key Industries Using Trucking Services

Fleet executives will get a chance to check out the health of their customers’ industries at an economic summit, where chief economists from nine trade associations provide briefings on the current state of those business groups and what is expected in coming months.

Jonathan S. Reiskin | Associate News Editor
June 19, 2017
Business, Logistics

Truck Turn Times Lengthen in May at Ports of Los Angeles, Long Beach

The amount of time it took the average truck driver to do business at the two largest North America ports rose six minutes year-over-year in May due to backups at Total Terminals International, according to data from the Harbor Trucking Association.

Ari Ashe | Staff Reporter
June 19, 2017
Business, Equipment

Strick to Add Its Own Features to Trailers to Comply With Phase 2 GHG Mandates

FORT WAYNE, Ind. — Strick Trailers will begin offering trailers that it has loaded with features that comply with Phase 2 greenhouse gas mandates intended to make trailers more fuel-efficient.

Roger Gilroy | Senior Reporter
June 19, 2017
Business, Equipment

Carriers, Shippers View Drop and Hook as Improvement in Operational Efficiency

Shippers and carriers sometimes might disagree on fair rates, settlement schedules or detention charges. But there is one freight-hauling technique that wins kudos from both sides: drop and hook. It sounds easy — and it can be — if the timing is right, experts said.

Roger Gilroy | Senior Reporter
June 19, 2017
Business, Technology

Michelin to Purchase Fleet Telematics Firm NexTraq

Tire maker Michelin agreed to acquire NexTraq, a U.S. provider of commercial fleet telematics, in an all-cash transaction.

June 19, 2017
Government, Business, Logistics

US Seeks NAFTA Changes

The Trump administration is moving to renegotiate terms of the North American Free Trade Agreement with Canada and Mexico, and a request from the Office of the U.S. Trade Representative for comments on how to proceed has drawn a plea from the trucking industry to reshape, but not scuttle the landmark trade deal.

Daniel P. Bearth | Staff Writer
June 19, 2017
Business, Equipment

Carriers, Shippers View Drop and Hook as Improvement in Operational Efficiency

Shippers and carriers sometimes might disagree on fair rates, settlement schedules or detention charges. But there is one freight-hauling technique that wins kudos from both sides: drop and hook. It sounds easy — and it can be — if the timing is right, experts said.

Roger Gilroy | Senior Reporter
June 19, 2017
Government, Business

Rep. DeFazio Aims to Block Trump’s Infrastructure Plan

WASHINGTON — Rep. Peter DeFazio is never far from home. His small office at the Rayburn House Office Building is a bona fide southwest Oregon visitor center. Visitors are greeted by posters of college football matchups featuring Oregon schools, photos of the Pacific coast and majestic mountains and a cute little beaver reminiscent of a Gund stuffed animal by the front desk.

Eugene Mulero | Senior Reporter
June 19, 2017
Business, Equipment

Strick to Add Its Own Features to Trailers to Comply With Phase 2 GHG Mandates

FORT WAYNE, Ind. — Strick Trailers will begin offering trailers that it has loaded with features that comply with Phase 2 greenhouse gas mandates intended to make trailers more fuel-efficient.

Roger Gilroy | Senior Reporter
June 19, 2017