Business

About Business News...

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.

Editorial, Business

Editorial: Present and Future at TMC

The adage, “The more things change, the more they stay the same,” is one that can sum up the discussion at the Technology & Maintenance Council’s annual meeting perfectly. Except when it doesn’t at all.

March 7, 2016
Business, Technology

Execs Retool Industry Message to Attract Younger Technicians

NASHVILLE, Tenn. — The key to solving the trucking industry’s shortage of qualified technicians lies in developing the workers of tomorrow rather than recruiting from the shrinking pool of experienced technicians, maintenance executives and business leaders said.

Seth Clevenger | Managing Editor, Features and Multimedia
March 7, 2016
Business

New TMC Chair White Hunts for Technicians When Not Maintaining Bulletproof Trucks

NASHVILLE, Tenn. — For a truck repair guy, Douglas White’s vehicles aren’t the largest, but they are bulletproof. The new chairman of the Technology & Maintenance Council is hoping to channel some of that toughness toward helping to remedy TMC’s ongoing battle against the chronic technician shortage.

Jonathan S. Reiskin | Associate News Editor
March 7, 2016
Business, Equipment

Cummins Revamps Medium-Duty Engines for Stricter EPA Emissions Regulations

INDIANAPOLIS — Cummins Inc. unveiled its medium-duty engine lineup March 1 at the Work Truck Show here.

Steve Sturgess | Special to Transport Topics
March 7, 2016
Business, Autonomous

DOE Debuts 2nd Phase of SuperTruck

In its effort to continue to enhance energy efficiency across the trucking industry, the Department of Energy announced a second phase of its popular SuperTruck program.

Eugene Mulero | Senior Reporter
March 7, 2016
Fuel, Business

Different Paths May Take Miss., Minn. Down Same Road to Higher Fuel Tax

Mississippi hasn’t raised its fuel taxes since 1987. Minnesota did it just eight years ago. However, both might be on the verge of doing so as lawmakers look to fix transportation funding shortfalls at a time of record low fuel prices.

David Elfin | Staff Reporter
March 7, 2016
Business

Port Truckers See ‘Daunting Task’ to Comply With International Container Weight Rules

Truckers who work at ports fear costly delays and hampered operations will result when new international rules requiring verified weights for all ocean container cargo take effect July 1.

Rip Watson | Special to Transport Topics
March 7, 2016
Business

Active Steering Is Next Big Leap in Truck Safety, Suppliers Say

NASHVILLE, Tenn. — The next stage in the evolution of active safety technology for trucks could bring increased automation to the vehicle, but the human operator will continue to play a central role in fleet safety, technology suppliers said.

Seth Clevenger | Managing Editor, Features and Multimedia
March 7, 2016
Business, Technology, Autonomous

Studies on Complex V2V Challenges Underway, NHTSA Engineer Says

NASHVILLE, Tenn. — An engineer with the National Highway Traffic Safety Administration said advances in vehicle-to-vehicle communications are accelerating and that new studies are under way to address several critical and complex issues.

Neil Abt | Editorial Director
March 7, 2016
Business

Old Dominion Pricing, Tonnage Improve in Early 2016

Old Dominion Freight Line earlier this month reported tonnage improved 3.2% in February and 2% in January on a year-over-year basis, and pricing measured per 100 pounds of freight improved, excluding fuel surcharges.

March 4, 2016