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.

Editorial, Government, Business, Safety

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, 2016
Government, Business

Congress 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.

Eugene Mulero | Senior Reporter
December 12, 2016
Business, Fuel

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.

Mindy Long | Special to Transport Topics
December 12, 2016
Business

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.

Bruce Lilly | Special to Transport Topics
December 12, 2016
Business, Technology

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.

Eugene Mulero | Senior Reporter
December 12, 2016
Business

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.

David Elfin | Staff Reporter
December 12, 2016
Business

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.

Roger Gilroy | Senior Reporter
December 12, 2016
Business

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.

Ari Ashe | Staff Reporter
December 12, 2016
Business, Fuel

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.

Daniel P. Bearth | Staff Writer
December 12, 2016
Business, Fuel

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.

Roger Gilroy | Senior Reporter
December 12, 2016