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

Peterbilt Adds Safety Option From Bendix

Peterbilt Motors Co. is adding Bendix Wingman Advanced as an option to its medium-duty Models 337 and 348, providing collision mitigation technology that improves safety and integrates with the Bendix ESP full-stability system.

November 21, 2016
Business, Fuel

Diesel Falls 2.2¢ to $2.421

The U.S. average retail price of diesel fell 2.2 cents to $2.421 a gallon, according to the Department of Energy, as crude oil prices crept higher.

November 21, 2016
Government, Business

Mexican Carriers Now Permitted to Lease Equipment to US Carriers, FMCSA Says

The Federal Motor Carrier Safety Administration has lifted a prohibition that prevented Mexico-domiciled motor carriers from leasing their equipment to U.S. motor carriers.

November 21, 2016
Business, Government, Logistics

Ports of Los Angeles and Long Beach Escalate Clean Air Plan

Aggressively deploying zero and near-zero emissions trucks and cargo-handling equipment is one of the core strategies proposed by the ports of Los Angeles and Long Beach, California, in the next version of the San Pedro Bay Ports Clean Air Action Plan. 

November 21, 2016
Business, Equipment

Class 8 Sales Plunge 29.3%

U.S. retail sales of Class 8 trucks sank nearly 30% in October in a market beset by weak demand for freight hauling, cautious fleets and uncertainty about the incoming presidential administration’s regulatory approach, analysts said.

Roger Gilroy | Senior Reporter
November 21, 2016
Editorial, Business, Government, Safety

Editorial: Seize the Day on Infrastructure

Daylight hours are dwindling rapidly now, yet this is the time to make hay because, in a sense, the sun is shining on makers of highway and transportation policy.

November 21, 2016
Perspective, Business

Opinion: In-Vehicle Video Can Cut Costs, Aid Drivers

Yes, incident footage can protect against litigation, but it also can serve as a training resource and improve driver accountability and safety.

November 21, 2016
Government, Business, Technology, Equipment

Expected Surge in ELD Demand Could Lead to Messy Rollout

ATLANTA — The upcoming federal electronic logging device mandate will spur a dramatic increase in technology adoption next year, but implementation could be messy as many carriers continue to wait as long as possible before installing the devices, analysts and technology vendors said.

Seth Clevenger | Managing Editor, Features and Multimedia
November 21, 2016
Government, Business

ATA to Expedite Task Force for Infrastructure Funding

Sensing a significant opportunity to advance trucking’s legislative and regulatory agendas in the nation’s capital, American Trucking Associations President Chris Spear said he will accelerate the creation of an ATA infrastructure task force to the end of this month.

Jonathan S. Reiskin | Associate News Editor
November 21, 2016
Business, Fuel

Oil-Field Transportation Sector Requires Specialized Trucks, Versatile Drivers

Trucks used in oil and gas fields are a breed apart from highway trucks, and the drivers who operate them need additional skills beyond those required of over-the-road truckers, executives in this sector said.

John Baxter | Special to Transport Topics
November 21, 2016