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.
Peterbilt’s Self-Driving Truck Another Glimpse Into Future
FORT WORTH, Texas — Peterbilt Motors Co. is the latest truck maker to demonstrate that the future of trucking is already with us, albeit in prototype, showing off Class 8s where the driver is often a spectator, cameras replace mirrors and infrared capability lights up a deer or a person on a dark night. (See photo gallery.)
June 8, 2015Panel Endorses Hours-Based Approach for Entry-Level Driver Training Rule
WASHINGTON — This time around, federal regulators say they are convinced an advisory committee has come up with the ingredients for a successful entry-level driver training rule.
June 8, 2015Inspectors Focus on Load Securement During Annual Roadcheck Safety Blitz
Commercial vehicle safety inspectors in the United States, Canada and Mexico pulled over trucks and buses in large numbers last week for safety inspections as part of North America’s annual Roadcheck event.
June 8, 2015Judge Temporarily Blocks Bids From Trustee to Seek Payments in TransVantage Bankruptcy
A federal judge has temporarily blocked an effort to collect hundreds of millions of dollars from more than 500 carriers and shippers ensnared in the bankruptcy of TransVantage, a New Jersey freight bill payment company.
June 8, 2015Navistar Trims Quarterly Loss, Aided by Medium-Duty Sales
Navistar International Corp. reported a smaller loss in its fiscal second quarter, driven by higher truck sales — particularly in the medium-duty sector — lower warranty expenses and cost reductions.
June 8, 2015California Drought, Texas Floods Cut Produce Truck Demand
California’s drought and Texas’ floods have softened freight demand and created a more stable environment for produce shipments, in sharp contrast to 2014’s painful price spikes and capacity constraints, industry officials said.
June 8, 2015Bird Flu Disrupts Midwest Trucking Operations
The avian flu virus that has hit the poultry industry hard in the Midwest has disrupted trucking and caused some carriers to shift operations, according to industry and government officials.
June 8, 2015DOT Cites 'Profound' Data Limitations in Size, Weight Study
Peter Rogoff, the U.S. Department of Transportation’s under secretary, said in a June 5 letter accompanying the release of a congressionally mandated study on truck size-and-weight limits there is not sufficient data to make any recommendations.
House Rejects Insurance-Requirement Proposal
Lawmakers rejected an amendment targeting insurance requirements during the House’s consideration of the fiscal 2016 transportation funding bill June 4.
Truck Dealer MHC Acquires Five Locations in Midwest
Truck dealership group Murphy-Hoffman Co. announced that it has acquired five dealership locations formerly operated by R.L. French Corp.
June 5, 2015