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.
FMCSA Preps Truckers on ELD Malfunctions
LOUISVILLE, Ky. — As the requirement to transition to electronic logging devices fast approaches, federal trucking regulators explained to truckers the steps to take in the event their devices malfunction.
Kenworth, Peterbilt Refresh Truck Offerings
LOUISVILLE, Ky. — Kenworth Trucks and Peterbilt Motors said they will offer Allison TC10 fully automatic transmissions on selected models, that they are starting certified pre-owned truck sales programs and that they will soon offer as standard Bendix Wingman Advanced safety systems on certain models.
2017: Bendix Cites Active Safety Tech, Air Disc Brakes as Enablers for Automated Driving
LOUISVILLE, Ky. — The growing adoption of active safety technology and air disc brakes is building a stronger foundation for the movement toward autonomous trucks, executives at Bendix Commercial Vehicle Systems said.
Nikola to Launch Hydrogen-Electric Truck in 2020
COLUMBUS, Ind. — Nikola Motor Co. is in discussion with the largest truck stops and, separately, seven states as it prepares to launch in mid-2020 its zero emissions, hydrogen-electric Nikola One Class 8 truck, a company executive said.
US Petroleum Exports Climb to Record as Crude Output Grows
The year 2017 started off with a bang for American oil companies as total crude and petroleum products exports rose to a record 5.69 million barrels a day in January, government data show.
Logistics Market Continues to Evolve; XPO Jumps to No. 1 on Top 50 List
The market for third-party logistics services continues to expand and evolve in response to market demands and a changing competitive landscape.
April 3, 2017Opinion: Working Together to Elevate 3PL Industry
As I prepare to serve as chairman of the Transportation Intermediaries Association for the next two years, I reflect on my experience with the association. Throughout the past 13 years of attending TIA events, participating on various committees and investing time as a board member and executive committee member, I have experienced firsthand the benefits that come from associating with and investing in TIA.
April 3, 2017Editorial: How Will Trucks Be Marketed?
Big truck shows are always a good way to learn about what’s going on in the world of trucking equipment and technology. You also get to catch up with friends and acquaintances, compare notes about industry trends and, well, gossip.
April 3, 2017TL Turnover Sinks to 71%
Driver turnover for large truckload carriers dropped 31 percentage points to 71% in the fourth quarter of 2016 versus the same period in 2015, the lowest level in six years according to American Trucking Associations.
ELDs Hot Topic at MATS as December Mandate Looms
LOUISVILLE, Ky. — Truck makers returned to the Mid-America Trucking Show, to varying degrees, and while many things seemed familiar, the specter of new competition also loomed over North America’s largest annual truck show.