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.

Special Coverage, Government, Business

Spear Assails Speed-Limiter Proposal as 'Flawed'

LAS VEGAS — American Trucking Associations President Chris Spear sharply criticized a proposed federal speed-limiter rule for new heavy trucks as “flawed” largely because it would create differential speeds on the nation’s highways.

Eric Miller | Senior Reporter
October 6, 2016
Special Coverage, Business, Technology

Panelists Say Driverless Trucks Decades Away; Platooning Pairs Coming in 2017

LAS VEGAS — While driverless, heavy-duty trucks are being considered by accomplished people in technology development, that vision is decades away from reality. But what is coming soon are two-truck platoons, panelists here said.

Jonathan S. Reiskin | Associate News Editor
October 6, 2016
Special Coverage, Government, Business, Technology, Equipment

ELD Mandate Soars to No. 1 on ATRI's Top 10 List of Critical Issues

LAS VEGAS — The American Transportation Research Institute released its annual top 10 list of critical issues affecting the trucking industry on Oct. 3 at the Management Conference & Exhibition. It also announced a new app with the National Association of Truck Stop Owners to address one of those issues: parking.

Ari Ashe | Staff Reporter
October 6, 2016
Special Coverage, Business

Spear: Industry Is Strong, But Unity Is Imperative

LAS VEGAS — In his first state of the industry address to American Trucking Associations membership, ATA President Chris Spear said trucking’s state is strong, but its future is uncertain without leadership, unity and "an aggressive pursuit of results."

Eric Miller | Senior Reporter
October 6, 2016
Special Coverage, Government, Business

Bill Graves Saluted at Opening Night Reception

LAS VEGAS — Several hundred truckers, friends and fellow American Trucking Associations employees gave former ATA President Bill Graves a rousing send-off at a trendy nightclub here Oct. 1 that marked the official opening of this year's Management Conference & Exhibition.

Eric Miller | Senior Reporter
October 6, 2016
Government, Business

Georgia, N.C. Join Florida, S.C. in Waiving HOS Rules Ahead of Hurricane Matthew’s Impact

With Hurricane Matthew heading for the southeast coast of the United States after pounding several Caribbean islands, the governors of Florida, Georgia, North Carolina and South Carolina have waived hours of service rules in their states.

David Elfin | Staff Reporter
October 6, 2016
Business, Equipment

Cummins Rolls Out 2017 Greenhouse Gas Compliant X15 Engines

Cummins Inc. rolled out its X15 heavy-duty engine at its engine plant in Jamestown, New York, saying it exceeds the U.S. Environmental Protection Agency 2017 greenhouse gas and fuel-efficiency standards.

October 6, 2016
Business

Jobless Claims Fall to Second-Lowest Level Since 1973

Filings for U.S. unemployment benefits fell last week to the second-lowest level since 1973, as employers show scant willingness to fire workers amid a tightening labor market.

Patricia Laya | Bloomberg News
October 6, 2016
Government, Business

FHWA Gives Approval to Rhode Island’s Truck-Only Toll Plan

Rhode Island’s truck-only tolling plan can proceed after receiving the go-ahead from the Federal Highway Administration, the state’s Department of Transportation announced Oct. 5.

David Elfin | Staff Reporter
October 5, 2016
Special Coverage, Business, Autonomous

Want to Be Profitable, Efficient? Embrace Technology, Data, Execs Urge

LAS VEGAS — More trucking companies will become efficient and profitable if they embrace new technology and big data analysis of industry trends, two technology startup executives told an audience at the Management Conference & Exhibition here on Oct. 4.

Ari Ashe | Staff Reporter
October 5, 2016