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: DOT’s Quest for Confusion

Thinking before acting is an admirable habit, especially with respect to governmental decisions. One can never anticipate every possible unintended consequence, but making an effort to look for them is important.

June 15, 2015
Business, Government

May Truck Sales Jump 20%

Heavy-duty truck sales in the United States continued their upward trajectory, topping 20,000 units for a third straight month in May and climbing 20% from a year earlier, WardsAuto.com reported.

Seth Clevenger | Managing Editor, Features and Multimedia
June 15, 2015
Business

New Steps to Boost Driver Pay Include Weekly Guarantees

Driver pay increases are continuing at a brisk pace as fleets turn to weekly guarantees, new mileage calculation approaches and steps to cushion fuel price swings, carrier officials and industry experts said.

Rip Watson | Special to Transport Topics
June 15, 2015
Business, Technology

Developers of Fleet Management Systems Balance Needs of Expert, Novice Users

Fleet management programs are packed with features that can help carrier executives run their businesses, but many only scratch the surface of the technologies’ capabilities, industry and software executives said.

June 15, 2015
Business

House OKs Fiscal 2016 Transport Bill; Includes Several Trucking Provisions

New requirements in the hours-of-service restart study and permitting the use of twin 33-foot trailers were key trucking provisions included in a fiscal 2016 spending bill House lawmakers approved June 9.

June 15, 2015
Business

Kalmar Delivers 60,000th Terminal Tractor, Announces T2 Model Now in Full Production

OTTAWA, Kan. — Kalmar Ottawa delivered its 60,000th Ottawa terminal tractor earlier this month to longtime customer Averitt Express of Cookeville, Tennessee, after a media presentation of its new Ottawa T2 model, now in regular production at the company’s revamped, 300-employee factory here.

June 15, 2015
Business

FHWA Issues Size, Weight Study; Cites Significant Data Shortfalls

The Federal Highway Administration announced last week that it does not plan to conduct additional research on the safety effects of larger or heavier trucks.

June 15, 2015
Business

Rhode Island May Postpone Plan to Toll Trucks on Bridges

The Rhode Island General Assembly may postpone consideration of the governor’s controversial “RhodeWorks” infrastructure plan, which includes bridge tolls on tractor-trailers, the press secretary for the state Senate president said June 10.

June 15, 2015
Business

Budget Woes Force Illinois to Scrap Plans to Build Illiana Expressway Toll Road

Illinois’ looming budget woes have prompted Republican Gov. Bruce Rauner to halt a high-profile proposed toll road meant to speed freight trucks across several interstate highways with Indiana.

June 15, 2015
Business

Federal Judge Rules Against Wal-Mart Stores for Violating California Law in Drivers’ Case

A federal judge has ruled that Wal-Mart Stores Inc. violated California wage and hour laws by failing to pay about 500 truck drivers at least minimum wage for each hour they worked.

Lisa Nagele-Piazza | Bloomberg News
June 12, 2015