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.
Zero Rear-End Crashes in CAS Field Test, NHTSA Says
A yearlong federal field operational test of 150 Class 8 tractor-trailers equipped with collision avoidance systems had no rear-end crashes, according to the National Highway Traffic Safety Administration.
Members Chosen for Group That Will Address Port Gridlock
A new working group has been formed to assist the government in addressing capacity and throughput issues, which caused major gridlock at West Coast ports in late 2014 and early 2015.
Trailer Orders Fall 12% in May
U.S. net trailer orders in May reached 14,250 units, the lowest total this year, ACT Research Co. reported, calling it an expected seasonal slowdown.
June 15, 2016Peterbilt to Launch Special Heritage Edition Model 567
Peterbilt Motors Co. will start producing in September a special Heritage version of its Model 567 tractor and is taking orders now.
June 15, 2016Michigan Road Funding Bill Would Shift Dollars to Local Roads
The 45 cities in Michigan with populations of more than 25,000 people are about to get a break.
Iowa Bridges Get Help Under State Transportation Plan
More than a third of the $3.5 billion Iowa state planners said they intend to spend on transportation needs in the next five years will be devoted to improving bridges.
Moran Transportation Acquires Assets of Mats Trucking
Great Lakes regional less-than-truckload carrier Moran Transportation Corp. announced its acquisition of Mats Trucking of Eagan, Minnesota, on June 15.
Southern California Cargo Volume Jumps 6% in May; L.A. Sets Record
Stronger import shipments through Southern California ports last month produced an overall 6% increase in cargo volume, including the busiest May ever for container shipments at the Port of Los Angeles.
June 15, 2016Tony Spero Named Grand Champion of Connecticut Truck Driving Championship
Tony Spero, of Stratford-based ABF Freight, drove home with the top award in the Motor Transport Association of Connecticut’s Truck Driving Championship.
Factory Production Falls More Than Expected on Vehicle Output
Factory production fell more than forecast in May, reflecting declining output of vehicles and business equipment that show U.S. manufacturing is still hobbled by weak global demand.