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.
Opinion: Hiring Standard’s Unintended Consequences
According to the law of unintended consequences, the actions of people always have effects that are not anticipated. This idea manifests itself in all sorts of areas but has a significant impact in the realm of legislation and regulation.
August 17, 2015Platoon Use to Begin in ’16 (includes video)
Peloton Technology’s platooning system will be introduced into a trucking fleet’s operations for on-highway testing early next year.
Truck Sales Climb 24% in July
Retail sales of Class 8 trucks in the United States continued to surge in July, climbing 24% from a year earlier and topping the 20,000-unit mark for the fifth straight month.
Board Recommends Testing of Hair as New Option for Drug Screenings
After two years of study, a federal drug advisory board has issued a recommendation that hair specimens be approved as an alternative for federal workplace drug-testing programs.
Groups Say Parties Are Making Progress in Effort to Form N.Y.-N.J. Chassis Pool
Efforts to finally create a New York-New Jersey area chassis pool are ongoing as equipment providers, labor and port executives attempt to craft a workable approach to the thorny issue, trucking officials said.
Diesel Price Drops 5.1¢ to $2.617
The slide in the U.S. diesel average price reached an 11th straight week, with the Department of Energy reporting another decline Aug. 10, this time by 5.1 cents a gallon to $2.617.
Darling, Graves Praise Drivers as NTDC Competition Begins
ST. LOUIS — Scott Darling, in his first public appearance since his nomination to head the Federal Motor Carrier Safety Administration, thanked the 431 truck drivers competing in the 2015 National Trucking Driving Championships for their “dedication to safety.”
Sales of Nat Gas-Powered Trucks Slow as Diesel Prices Plummet, Reports Say
Growth in the natural-gas truck market has stalled this year as the steep drop in diesel prices has cut into the potential savings offered by the alternative fuel.
Senate Panel OKs Tax Relief For Equipment, Alt Fuels
Senate Finance Committee members agreed on a broad package of tax-extension provisions before leaving the capital for summer break, including those important to trucking.
NTSB Blames Wal-Mart Driver's Fatigue in Fatal Crash That Hurt Comedian Morgan
The National Transportation Safety Board has unanimously placed the primary blame on a fatigued driver of a Wal-Mart Transportation truck in the June 2014 highway crash in New Jersey that killed one person and seriously injured comedian Tracy Morgan.