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.
Editorial: A Big Step for Sensible Regulation
It appears likely the status quo on federal spending will continue through April 28, with the House passing a continuing resolution. If approved by the Senate and signed by President Obama, it keeps familiar budgetary patterns intact until a new Congress and a new president can get to work after Jan. 20.
December 12, 2016Congress Passes Restart Fix
The clarification of an hours-of-service rule for truckers in a short-term funding bill was signed by President Obama shortly after the Senate cleared the bill on Dec. 9 and a shutdown of the federal government was averted.
Nikola Hydrogen-Electric Design Called Trucking ‘Game Changer’
SALT LAKE CITY — Preparations are underway for the 2020 delivery of Nikola One, the hydrogen-electric Class 8 produced by Nikola Motor Co.
Fleets Fight Fuel Gelling From Winter’s Chill With Tricks of the Truck Maintenance Trade
As the cold temperatures of winter set in, fleets and fuel providers are using a variety of methods to prevent fuel gelling, which can lead to truck breakdowns and maintenance headaches.
Industry Says Autonomous Vehicles Will Improve Safety, Cut Congestion
WASHINGTON — The mainstream adoption of autonomous vehicles is bound to enhance safety, improve fuel economy and alleviate congestion along freight corridors, federal officials and trucking industry stakeholders told lawmakers on Capitol Hill.
Cammisa Brings Wealth of Experience to ATA
Michael Cammisa, a self-described “car guy” while growing up in Alexandria, Virginia, is the new vice president of safety policy and connectivity for American Trucking Associations.
Class 8 Sales to Rise in 2 Years, ACT Predicts
Retail sales of U.S. Class 8 vehicles are likely to escalate starting in about two years, according to a leading industry analyst. That’s if the upcoming mandate to electronically monitor drivers’ time spent hauling freight dovetails with an improving economy as well as pro-business and transportation initiatives from the Trump administration.
Driver Turnover Falls to Five-Year Low; Large Truckload Rate at 81%, ATA Says
Driver turnover fell 19 percentage points year-over-year to 81% in the third quarter for larger truckload fleets, dropping to the lowest level in five years due to the soft freight environment, American Trucking Associations reported last week.
Debut of Hydrogen-Electric Truck Launches Milton’s Vision to Revolutionize Industry
In launching the Nikola One with a splashy Hollywood-type production in front of a live audience in Salt Lake City, Trevor Milton has let it be known that building a hydrogen-electric, zero emissions, over-the-road Class 8 truck is just part of his plan to revolutionize the trucking industry.
Fuel Cells Can Reduce Cost of Maintenance, Nikola Says
Among the advantages Nikola Motor Co. touted when it unveiled the industry’s first Class 8 electric truck running on a hydrogen fuel cell and battery pack was the ability to significantly reduce fleet maintenance expenses.