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.
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.
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, 2017Letters: 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, 2017Truck 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.
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.
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.
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.
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.
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.
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.