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.
Highway Fatalities Jumped 7.2% Last Year, DOT Says
U.S. highway fatalities in 2015 jumped 7.2% to 35,092, an increase of 2,348 deaths from 2014, the U.S. Department of Transportation reported Aug. 29.
Regulations, Business Trends Put Pressure on Private Fleets
Operators of corporate-owned truck fleets are facing pressure to keep up with a growing number of regulations while also dealing with legal and business issues that go well beyond the traditional realm of equipment maintenance and driver management.
Peterbilt Offers New Advanced Safety Systems, Lightweight Components for 567 and 579 Models
Peterbilt Motors Co. now offers the Bendix Wingman Fusion advanced driver assistance safety system, which includes lane departure warning, enhanced collision mitigation and in-lane object recognition for its 579 and 567 over-the-road and vocational models, respectively.
August 29, 2016New Route Brings Cargo to Philadelphia via Bigger Panama Canal and 'Panamax' Ships
With the long-awaited $5.4 billion Panama Canal expansion completed and allowing bigger ships to carry more cargo through the waterway, some of those larger vessels are coming to the Port of Philadelphia.
Pennsylvania Lawmaker Meets With Trucking Leaders About Driver Shortage
U.S. Rep. Ryan Costello, a Chester County Republican who represents part of Berks County, was in Wyomissing, Pennsylvania, on Aug. 16 for the Commercial Drivers License Roundtable hosted by Berks Technical Institute
Teamsters Leadership Candidates Trade Barbs in Only Debate Before Election
WASHINGTON — Teamsters leadership candidates who squared off in the only debate before the fall union election blended their focus on key issues such as retiree pensions with exchanges about their past deeds and frequent name-calling.
Otto’s Autonomous Trucks Drive Almost 24/7 to Refine Technology of Tomorrow
For now, Otto is focused on logging as many test miles as possible with its five (soon to be six) retrofitted Volvo cabs that it runs almost 24/7 on highways in the Bay Area and elsewhere.
Chevron Unveils Lineup of New CK-4, FA-4 Oils
Chevron Products Co., a division of Chevron U.S.A. Inc., has introduced its new line of Delo 400 API CK-4 and FA-4 heavy duty motor oils coming Dec. 1.
August 29, 2016Amazon Fuels Growth at Covenant Despite Overall Rough Road for Trucking
America's trucking industry, already struggling with a drop in truck shipments during the first half of 2016, could soon face competition from a behemoth of the logistics industry — Amazon.
August 29, 2016ONE20 Launches App to Help Drivers Plan Trips, Save Money
Technology startup ONE20 has launched a free membership program that enables drivers to use a mobile application to plan trips, check parking availability, read and write reviews and find discounts.
August 29, 2016