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

Orders for Durable Goods in US Rebounded 1.8% in January

Orders for U.S. durable goods rebounded in January, a sign companies remained upbeat at the start of the year.

Sho Chandra | Bloomberg News
February 27, 2017
Perspective, Equipment, Business

Opinion: Aftermarket Systems Are Fleets’ Achilles’ Heel

Aftertreatment systems are unequivocally becoming the Achilles’ heel for all fleets and a leading contender for high cost, load delays and asset downtime. However, there is much more to the root cause of this escalating issue.

February 27, 2017
Letters to the Editor, Business, Safety, Government, Technology, Logistics

Letters: Entry-Level Driver Training; Accident Reporting

This week's letters present thoughts on the entry-level driver-training proposal and on sharing accident data.

February 27, 2017
Business

Truck Sales Plunge 31.4%

U.S. retail sales of Class 8 vehicles in January — typically a skimpy point in any year — squeaked past 10,000 units, the lowest in nearly six years, and a 31.4% fall year-over-year, WardsAuto.com reported.

Roger Gilroy | Senior Reporter
February 27, 2017
Business

January Tonnage Rises 2.6% on Contract, Spot Market Gains

Truck tonnage rose 2.6% in January compared with the same month in 2016, reversing a decline in December, according to the monthly American Trucking Associations index.

Ari Ashe | Staff Reporter
February 27, 2017
Business, Logistics

CSX Shakeup: CEO to Retire, 1,000 Managers to Be Laid Off

CSX Corp. CEO Michael Ward and President Clarence Gooden will retire May 31, and the company will lay off 1,000 managers by the end of March as it decides whether to hire former Canadian Pacific Railway CEO E. Hunter Harrison to take the reins at the Class I railroad.

Ari Ashe | Staff Reporter
February 27, 2017
Business, Technology

UPS Tests Drone That Uses Delivery Truck as Its Home Base

UPS Inc. completed a successful test of a truck-mounted delivery drone at a Florida blueberry farm last week, demonstrating how unmanned aerial devices might be used as part of the company’s residential delivery service and as a way to cut costs by reducing the number of miles traveled by UPS trucks to make deliveries in rural locations.

Daniel P. Bearth | Staff Writer
February 27, 2017
Business, Safety

Large Carriers Gain Unexpected Allies in Favor of Hair Tests to Detect Drug Use

A request by six large motor carriers to allow hair samples in pre-employment drug testing for drivers in lieu of the current mandate for urine samples drew first-round comments that ranged from motor carriers and a college official to a drug testing lab and a Catholic diocese.

Eric Miller | Senior Reporter
February 27, 2017
Business

Vigillo Acquired by Driver Safety Firm

Driver risk-management firm SambaSafety has acquired Vigillo, a provider of data analytics software designed to help carriers manage their performance under the federal Compliance, Safety, Accountability program.

Seth Clevenger | Managing Editor, Features and Multimedia
February 27, 2017
Government, Business, Technology, Safety, Fuel, Logistics, Autonomous

ATA Voices Support for New NACV Show

American Trucking Associations will be a supporter of the new North American Commercial Vehicle Show that debuts in Atlanta on Sept. 25-29.

Jonathan S. Reiskin | Associate News Editor
February 27, 2017