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

Trump Wants $200 Billion for Infrastructure, OMB Director Says

President Donald Trump plans to propose spending about $200 billion in taxpayer dollars on an infrastructure development plan that would leverage private financing, his budget director said, adding that the plan won’t be ready until this fall.

April 21, 2017
Technology, Government, Business, Equipment

ELDs Now or Later? Early Adopters Can Choose

Sometimes it pays to be early. Many carriers still using paper driver logs will need to hustle in the coming months to install electronic logging devices in their trucks by Dec. 18, the implementation deadline for the federal ELD mandate. Fleets that already have deployed e-logs, on the other hand, will be afforded much more flexibility.

Seth Clevenger | Managing Editor, Features and Multimedia
April 20, 2017
Technology, Government, Business, Equipment

Training Vital for E-Log Deployment, Fleets Say

PHOENIX — With just eight months remaining until the federal electronic logging mandate goes into effect, fleets that still rely on paper driver logs soon will need to make the transition to e-logs, but that process involves much more than simply installing a device in a truck.

Seth Clevenger | Managing Editor, Features and Multimedia
April 20, 2017
Business, Technology

SkyBitz Sees Solar Power as Future of Trailer Tracking

SkyBitz is expanding its lineup of trailer-­tracking products that use solar energy, a power source the company believes will drive the evolution of the asset- tracking market.

Seth Clevenger | Managing Editor, Features and Multimedia
April 20, 2017
Business, Technology

E-mail Marketing:Still the Most Effective Sales, Recruiting Tool for Trucking Firms

While some trucking firms may be guilty of chasing the latest digital marketing craze, good old e-mail marketing still is the app to beat when it comes to connecting with customers. Indeed, a 2016 study released by marketing consulting firm Clutch found that e-mail still has the highest return on investment of any marketing channel.

Joe Dysart | Webology 101
April 20, 2017
Government, Business

Infrastructure Funding Inaction Raises ‘Possibility of Catastrophic Failure’ Says Siemens Executive

Failing to fund upkeep for infrastructure systems increases the likelihood of epic disruptions to the flow of goods and people, a senior official with Siemens Rail said in a recent interview with Transport Topics.

Eugene Mulero | Senior Reporter
April 20, 2017
Business

Volvo Trucks Displays New VNR for North American Regional Market

MONTREAL — Anticipating further growth in shorthaul trucking, Volvo Trucks North America unveiled its new regional haul tractor here, the VNR, which will be available for delivery in September. See video of interior, exterior.

Jonathan S. Reiskin | Associate News Editor
April 20, 2017
Business

ATA Wins EPA's SmartWay Affiliate Challenge Award Again

The Environmental Protection Agency has awarded American Trucking Associations its seventh SmartWay Affiliate Challenge Award.

April 20, 2017
Business

Wal-Mart Sets Ambitious Goal for Reducing Emissions in Supply Chain

Wal-Mart Stores Inc. has set a goal of eliminating 1 billion tons of emissions from its supply chain by 2030, an effort dubbed Project Gigaton that will focus on reducing fuel use by suppliers and customers.

April 20, 2017
Business

Navistar Unveils RH to Replace TranStar

MONTREAL — Navistar Inc. launched its new RH (regional haul) tractor April 20, less than 24 hours after Volvo Trucks North America showed off its three new VNR models at ExpoCam, a major Canadian truck show.

Jonathan S. Reiskin | Associate News Editor
April 20, 2017