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.
Flooded Roads Expected From Tropical Storm Colin; Oil Platforms in Gulf OK
Florida Gov. Rick Scott has declared a state of emergency as Tropical Storm Colin bears down on the state’s west coast, where it was expected to strike June 6 before crossing into the Atlantic to menace Georgia and South Carolina.
'C.B.' Crook Dies at 80; Built N.C. Used-Truck Dealership
Retired businessman Cletus Beatrix “C.B.” Crook Jr., who helped turn his father’s automobile dealership into a major platform for used-truck sales, died May 28 at his home in Albermarle, North Carolina. He was 80.
June 6, 2016Brokers Split Over How to Ensure Carrier Compliance With ELD Mandate
Freight brokers are sharply divided about how to bring their carriers into line with the upcoming federal electronic logging device mandate.
Opinion: Election Brings New Challenges for Trucking
As chairman of the American Truck Dealers, the challenge for all of us — truck manufacturers, trucking companies and dealers — is to build relationships with members of Congress and federal regulators so that we have a voice in shaping the environment in which our businesses operate.
June 6, 2016Editorial: Roadcheck’s Here Again
Once again, commercial vehicle drivers are taking their annual open-book test — International Roadcheck — from June 7 to June 9. About 10,000 inspectors who are members of the Commercial Vehicle Safety Alliance will fan out across the United States, Canada and Mexico with the goal of inspecting more than 70,000 vehicles in 72 hours.
June 6, 2016Delays in Approving Hair Testing Aid Drug Abusers, Officials Warn
Delays in adopting federally mandated pre-employment hair drug-testing standards potentially have allowed hundreds of truck drivers who failed hair drug tests to drive for another carrier, according to fleet and medical executives.
Trucking May Become Collateral Damage in New Container Rule
Truckers servicing U.S. seaports already experience delays entering the ports and making pickups or dropping off loads at terminals, but they’ll soon face yet another potential disruption.
Schneider Acquires Watkins & Shepard
Truckload carrier Schneider last week announced the acquisition of less-than-truckload specialist Watkins & Shepard Trucking and final-mile delivery carrier Lodeso Inc. to capitalize on trucking opportunities related to fast-growing e-commerce.
Democrats Press McConnell to Fix Pensions
Senate Democrats are pressuring Majority Leader Sen. Mitch McConnell (R-Ky.) to take up pension legislation for truckers and miners before the summer recess that begins in six weeks.
Used-Truck Prices Dip; Inventories Stabilize
The price of a used Class 8 truck sold in April fell compared with a year earlier, but inventories stabilized after rising for the past year, analysts said.