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.
June Truck Orders Fall 26%
New Class 8 truck orders declined in June and dipped below the 20,000 mark for the first time since 2013, ACT Research reported.
Texas Man Bilks Oil Refiners in $78 Million Biodiesel Fraud
A Houston man who amassed a fortune selling renewable fuel credits given for producing biodiesel, although he never actually made any of the alternative fuel, has pleaded guilty to federal criminal charges.
Trucking’s 2Q Earnings Expected to Climb on Higher Rates, Declining Fuel Prices
Rising rates and falling fuel prices should drive higher second-quarter earnings in the trucking sector when results begin to roll in this week, analysts said.
Trailer Makers Are Ready to Supply 33-Foot Doubles
Most major trailer manufacturers said they would expect to see an immediate surge of demand for 33-foot twin trailers, should the government approve their use for U.S. roads. They also said they would be ready to build the longer doubles as soon as fleets begin submitting orders.
EPA Grants Three-Year Extension for New Trailer Foam, Refrigerants
A new rule from the Environmental Protection Agency gives the manufacturers of refrigerated trailers and their suppliers another three years, through 2019, to develop a new foam-blowing agent that does not incorporate strong greenhouse gases.
Autonomous Technology Needs US Standards, Volvo Executive Tells Transportation Panel
WASHINGTON — For autonomous driving technologies to continue to advance, lawmakers will have to approve federal standards that address various regulations at the state level, a Volvo Group executive told a Senate transportation panel July 7.
ATA Announces Sessions, Speakers For MCE in Philadelphia Oct. 17-20
American Trucking Associations last week announced several featured general sessions for its 2015 Management Conference & Exhibition, scheduled for Oct. 17-20 in Philadelphia.
July 13, 2015Map: Where The Top 100 For-Hire Carriers Are in North America
Eco Flow Votes to Join Teamsters
Port truck drivers from Eco Flow Transportation voted to join the Teamsters, which has backed efforts to convert driver status from independent contractor to employee.
July 10, 2015BMW Puts Electric Truck Into Service in Germany
Auto manufacturer BMW Group is using a fully electric, heavy-duty truck to transport vehicle components in Munich.
July 10, 2015