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.

Government, Business, Safety

Advisory Board Could Recommend Hair Testing for Drivers This Summer

ROCKVILLE, Md. – An advisory board that explores scientific evidence to support possible changes or additions to federal drug testing requirements is on track this summer to issue a recommendation that hair specimens be approved for the pre-employment screening of truck drivers and other “safety sensitive” federal workers.

Eric Miller | Senior Reporter
June 12, 2015
Business

Paccar Recalling Some Kenworths Over Wiper-Fluid Defect

Paccar Inc. is recalling more than 100,000 Kenworth model-year 2011-2016 trucks because water may leak into the windshield wiper motor, the National Highway Traffic Safety Administration reported.

Michael G. Malloy | Web Editor
June 12, 2015
Business, Technology, Autonomous

Nevada Governor Asks State Officials to Support Self-Driving Vehicles

Nevada Gov. Brian Sandoval wants state transportation officials to consider adding support for self-driving vehicles as part of a multimillion-dollar highway widening and expansion project in Las Vegas, the Associated Press reported.

June 12, 2015
Business, Government

Port of Virginia Sets TEU Record in May

The Port of Virginia said it set a record for 20-foot-equivalent unit volume in May, eclipsing the previous record that was set in March.

Michael G. Malloy | Web Editor
June 12, 2015
Business

Roadrunner Expanding LTL Service in Western Markets

Roadrunner Transportation Systems said it is expanding its less-than-truckload service in the Phoenix and Salt Lake City metropolitan areas, beginning next week.

June 12, 2015
Government, Business, Technology

FHWA Schedules Online Meeting on Size, Weight Study June 18

The Federal Highway Administration has scheduled an online meeting June 18 to discuss its most recent study on truck size and weight limits.

June 12, 2015
Government, Business

LaHood Headlines Senate Hearing on Highway Funding June 18

Former Transportation Secretary Ray LaHood will headline a Senate Finance panel hearing June 18 focusing on highway funding.

Eugene Mulero | Senior Reporter
June 12, 2015
Business

Roadnet Adds Features to Routing Software

Roadnet Technologies said it has added new fleet-visibility tools to its routing and scheduling software.

June 12, 2015
Business

Consumer Sentiment Rises as Americans Most Upbeat About Wages in Seven Years

Consumer confidence rose more than forecast in June as Americans were the most upbeat about their wage prospects in seven years.

June 12, 2015
Business

Lytx Partners with Fleet Insurance Provider to Offer DriveCam at Reduced Cost

Lytx, a provider of video-based safety technology, said trucking insurance provider Carolina Casualty is now offering its DriveCam system to insured clients at subsidized rates.

June 12, 2015