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.
ATA Enhances MC&E Schedule
American Trucking Associations announced Aug. 24 several additions to its annual Management Conference & Exhibition taking place Oct. 1-4 in Las Vegas.
August 24, 2016Navistar Recalls 3,952 ProStar Trucks
Navistar International Corp. is recalling 3,952 ProStar trucks from model years 2014 to 2017 for a defect affecting power to the cab. The medium- and heavy-duty trucks were manufactured between June 11, 2013, and May 19, 2016.
August 24, 2016Hyperloop Technology to Be Studied for Freight Transportation
The transportation startup Hyperloop will study its electric propulsion tube system technology for moving freight at ports.
August 24, 2016Traffic Deaths on the Rise as Distracted Drivers Roam the Roads
After years of tougher drunken-driving laws and a massive awareness campaign, the public's attitude about intoxicated motoring shifted and traffic fatalities decreased.
Oil Extends Decline After Unexpected US Crude Stockpile Gain
Oil extended its decline after a government report showed that U.S. crude stockpiles unexpectedly rose last week.
California’s Bridges Need Upgrade, Says New Report
A quarter of the bridges in California require significant maintenance or upgrades, a nonprofit transportation group noted in a report this month.
August 24, 2016Existing Home Sales Drop for First Time Since February
Sales of previously owned homes dropped more than forecast in July from a nine-year high, restrained by limited choices for buyers, National Association of Realtors data showed Aug. 24.
FMCSA Medical Review Board Issues Sleep Apnea Guidelines
The Federal Motor Carrier Safety Administration’s top medical advisers have recommended a slate of sleep apnea guidelines that would require truck drivers to take costly diagnostic sleep studies if they have a body mass index of 40 or higher, have experienced excessive fatigue or sleepiness while driving, or have been in a sleep-related crash.
Southern California Terminal Operators Drop Chassis Fee Plan
Southern California marine terminals have dropped a plan to charge chassis lessors $5 per unit traveling through cargo facilities in the face of opposition from the businesses that provide the majority of chassis equipment to move truck freight in the region.
August 23, 2016Truck Tonnage Posts 0.3% Year-Over-Year Gain, Smallest in 2016
Truck tonnage in July continued to reflect a struggling freight environment, posting a 0.3% year-over-year gain that was the smallest this year, and declining 2.1% from June, American Trucking Associations reported.
August 23, 2016