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

FMCSA Advisory Committee Recommends Hours-Based Training Program

WASHINGTON — A special federal advisory committee ironing out the details of a potential entry-level driver training rule finished its work May 29 but only after a vigorous debate over whether to recommend an hours-based or performance-based on-road training standard for new drivers.

Eric Miller | Senior Reporter
May 29, 2015
Business, Technology

Many High-Tech Firms Adopt ‘Right-Shoring’ Supply-Chain Strategy, UPS Survey Finds

Many high-tech companies have adopted a “right-shoring” strategy for their manufacturing supply chains, an approach that balances factors such as cost, quality and transit time, according to UPS Inc.’s fifth-annual Change in the (Supply) Chain survey.

May 29, 2015
Business

Pasha Group Completes Acquisition of Horizon Lines’ Hawaii Business

The Pasha Group said May 29 it completed its acquisition of the Hawaii trade-lane business of Horizon Lines Inc.

Michael G. Malloy | Web Editor
May 29, 2015
Business, Equipment

Goodyear Offers New Tires, Roadside Service at Three Retread Plants

Goodyear Commercial Tire Systems has opened sales and service departments at its retread plants in Bremen, Georgia; Vernon, California; and Walnut, California.

Seth Clevenger | Managing Editor, Features and Multimedia
May 29, 2015
Business

Vigillo Adds DOT Crash-Data Reporting Tool to Athena Platform

Vigillo has expanded the capabilities of its Athena “big-data” platform with a new reporting tool focused on U.S. Department of Transportation reportable crashes.

Seth Clevenger | Managing Editor, Features and Multimedia
May 29, 2015
Business, Autonomous

Driver-Assistive Truck Platooning Boosts Fuel Economy, Report Says

A new report by Auburn University found that driver-assistive truck platooning can realize up to 10% fuel economy for the trailing truck and up to 5% fuel economy for the leading truck.

May 29, 2015
Business, Logistics

NFI Implements MacroPoint Freight Tracking

Transportation company NFI Industries has implemented MacroPoint’s freight-tracking software within its brokerage unit, the companies said in a joint announcement.

May 29, 2015
Business

ATA President Bill Graves Blasts Rhode Island Gov. Gina Raimondo's Truck-Only Toll Plan

American Trucking Associations has come out strongly against Rhode Island Gov. Gina Raimondo’s 10-year truck-only toll plan, which is meant to fund repairs for infrastructure.

May 29, 2015
Business

Celadon Launches Share Offering

Celadon Group Inc. announced that 3.5 million newly issued shares are being sold, a move that could raise about $80 million.

May 29, 2015
Business, Technology

Former Sylectus President to Lead Startup TMS Firm

Full Circle TMS, a new provider of Web-based transportation management software, announced Stuart Sutton will be CEO of the startup company.

May 29, 2015