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.
Container Shipping Lines Ordered to Testify in US Sector Probe
The U.S. Justice Department has ordered top executives from several container shipping lines to testify in an antitrust investigation over practices by an industry that is the backbone of world trade, the companies said on March 22.
Daimler Trucks North America Promotes Nielsen to CEO
Daimler Trucks North America has promoted Roger Nielsen to president and CEO, the company announced.
March 22, 2017Rep. DeFazio Introduces Transportation Infrastructure Legislation
Rep. Peter DeFazio (D-Ore.) introduced a transportation infrastructure bill on March 22 that he said will increase the gasoline and diesel tax by about a penny to provide about $500 billion in funding to rebuild U.S. roads, bridges and transit systems.
Vocational Pop Surprises, Drives February’s Class 8 Orders
COLUMBUS, Ind. — Near-term demand for vocational trucks is raging, and tractor day cabs did well in February thanks to an unexpected pop, which has drawn attention away from the ongoing strength in sleeper trucks, a leading analyst said.
Sales of Previously Owned Homes Fell 3.7% in February
Sales of previously owned U.S. homes declined in February after rising a month earlier to the highest level in a decade, according to figures released March 22 by the National Association of Realtors in Washington.
Mid-America Trucking Show Features Return of 3 Heavy-Duty Truck Makers
The Mid-America Trucking Show is set to kick off this week, giving attendees a closeup look at the latest developments in truck equipment and technology and opportunities to learn more about industry issues.
Federal Regulatory Review Postpones Driver Training Rule Until May
An entry-level driver training rule for truck drivers scheduled to be published this month has been delayed two months due to a directive from the Trump White House on pending regulations.
March 21, 2017Two Possible Reasons for Louisiana Governor's Unusual Stance in Looming Transport Debate
Gov. John Bel Edwards plans to piggyback on the bills of key state lawmakers to tackle Louisiana's road and bridge problems in an increasingly toxic political environment.
LTLs Offer Storage to Speed Up E-Commerce Deliveries
Less-than-truckload companies hoping to capitalize on e-commerce are offering shippers short-term storage in terminals and shifting more business from Class 8 trucks to Class 5 and Class 6 straight trucks, according to industry executives.
Truck Tonnages Drops in February
The February truck tonnage index fell 2.8% on a year-over-year basis, but American Trucking Associations chief economist said freight activity was still strong and fell short because of the record-setting February 2016 comparison.
March 21, 2017