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.
ATRI Announces Launch of Detailed Survey to Reveal Extent of Truck Parking Shortage
The American Transportation Research Institute launched what it called the first detailed survey of truck parking based on reporting from drivers, with the aim of gaining insight into one of the industry’s most significant ongoing headaches.
Volvo Debuts Updated Powertrain, Claims Additional Fuel Efficiency
HAGERSTOWN, Md. — Volvo Trucks North America last week introduced a suite of new products, including 2017 engines and powertrain enhancements, with the common goals of enhancing fuel efficiency and driver experience.
Trailer Orders Top 21,000; Fleets Inquire About 2017
Trailer orders in February topped 21,000 as backlogs of unbuilt units remained high and some customers began to inquire about slots in 2017, analysts said.
CVSA Asks Federal Regulators to Rescind HOS Rest-Break Requirement
The Commercial Vehicle Safety Alliance has filed a petition asking federal regulators to rescind a requirement that truck drivers take a 30-minute rest break within the first eight hours of their driving time after being off-duty.
Powered By Safety
Combating the rise in safety issues and driver shortages, fleet owners can have both power and control to lower accident rates and increase driver satisfaction with the JENSEN Heavy Duty JCV2015BT stereo. Picture, for a moment, a truck driver on a typical route and all of the unsafe conditions they encounter. The phone is ringing and dispatches are coming through, while changing lanes to get to that next exit. At the same moment, a favorite song comes through the speakers. The JCV2015BT eliminates many of these unsafe conditions by integrating with the onboard computer to mute audio and incoming calls to allow dispatches and lane changing warnings to be heard.
Cybersecurity Outlook: Trucking Still Fighting the Ever-Nimble Hacker
Trucking companies still on high alert from seemingly endless reports of hacker break-ins last year should brace for even more sophisticated capers in 2016, according to a string of reports released by top cybersecurity firms.
March 25, 2016FedEx Issues $2 Billion in Notes, Plans Second Debt Sale for TNT Acquisition
FedEx Corp. has issued $2 billion in notes to fund repayment of debt and share repurchase programs.
March 25, 2016FleetPride Names Allan Dragone Jr. as CEO
Parts distributor FleetPride announced that it named Allan Dragone Jr. as its CEO. He takes over for Donald Sturdivant, a board member who assumed the position last year.
March 25, 2016Paccar Sets $945 Million First-Quarter Charge
Paccar Inc. has decided to set aside $945 million for costs related to a wide-ranging European truck price-fixing investigation.
March 25, 2016Love’s Finalizes Purchase of Trillium CNG
Love’s Travel Stops reported that it finalized its acquisition of Trillium CNG and Trillium's 37 compressed natural gas fueling stations and related services.
March 25, 2016