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.
Profits Mixed for Trucking Suppliers Wabash, Eaton, Meritor and Arconic
Three commercial vehicle suppliers and a trailer manufacturer posted, in most cases, lower but still positive earnings in their latest reports.
OEMs Eke Out 2016 Profits; European Sales Strongest
Three of the world’s largest heavy-duty truck makers remained profitable in an anemic 2016, with fourth-quarter results revealing that European sales outpaced the North American market.
Washington State Audit: Port of Seattle Illegally Gave Out $4.7 Million in Raises
The Port of Seattle illegally gave out nearly $5 million in raises to hundreds of employees about a year ago, a Washington state audit has concluded.
Secret Pay Raise, Improper Gifts: Inside Port of Seattle CEO's Abrupt Departure
The CEO of the Port of Seattle secretly gave himself a $24,500 raise, improperly accepted travel gifts and sports tickets from port customers and apparently steered port business to his father's company before leaving, officials revealed Feb. 3. There also were reports of a potential sexual-harassment complaint on top of an ongoing DUI case against him.
Replay: LiveOnWeb on 'The Safe Driver Checklist'
Drivers know a pre-trip inspection is intended to make sure that their rig is ready for the rigors of the road. What about keeping the driver safe? Our Jan. 31 LiveOnWeb program focused on The Safe Driver Checklist. We provided the practical — and critical — tips that drivers need to stay safe in all phases of their job, from pre-trip to on-road to off-road. Watch the replay.
February 3, 2017DriverTech Offers ELD With Video Capture
Onboard technology supplier DriverTech has launched a new mobile communications device that includes electronic logging capabilities and a forward-facing dash camera.
February 3, 2017America's Biggest Asphalt Plant Is Shutting When the Country Might Need It Most
Axeon Specialty Products is shuttering the largest asphalt refinery in the United States when the country might need it most.
FreightRover Launches App-Based Freight Platform
FreightRover, an Indianapolis-based technology startup, has introduced a mobile application and web portal designed to streamline freight dispatching.
February 3, 2017Texas Officials Drafting Wish List for Potential Infrastructure Funding Windfall
Steve Costello — Houston's chief resilience officer, aka "flood czar" — needed less than a second to answer how to spend a $1 trillion investment in infrastructure for America.
Minnesota Trucking Association Chooses Matheson as Truck Driver of the Year
The Minnesota Trucking Association honored Michael Matheson, a professional truck driver for Manning Transfer, as the 2016 Minnesota Driver of the Year at its banquet in January.
February 3, 2017