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.
TT Archives: Substance Abuse Testing
In 1994, after several years of preparation alcohol testing was announced for truck and bus drivers in both interstate and intrastate commerce. These regulations “build on the transportations industry‘s track record with drug testing over the past three years,” said Transportation Secretary Federico Pena.
May 4, 2015Ryan to Offer Short-Term Fix For Road Fund
WASHINGTON — Rep. Paul Ryan, chairman of the House’s tax-writing committee, said April 30 he will unveil a short-term measure in about three weeks that would keep highway programs funded through the end of the year.
May 4, 2015Bill Maintains Restart Suspension, OKs Twin 33s
WASHINGTON — A House appropriations bill unveiled last week could keep the suspended 34-hour restart rule from being reinstated by Sept. 30, and would permit use of twin 33-foot trailers.
May 4, 2015Agency Ready to Start HOS Study; N.Y. Rep. Casts Doubt on Methods
WASHINGTON — The Federal Motor Carrier Safety Administration announced it has exceeded its goal of recruiting more than 225 truck drivers to participate in a hours-of-service study, but a member of Congress said he does not think the agency will be able to reach a fair conclusion when it unveils its report later this year.
May 4, 2015Indiana Warns Truckers of HIV Outbreak on I-65 Corridor in Southern Part of State
Truck drivers traveling the Interstate 65 corridor between Louisville, Kentucky, and Indianapolis are being alerted to an HIV outbreak traced to a rural community in southern Indiana.
May 4, 2015FMCSA: Use of Tech Won’t Guarantee Rewards
CINCINNATI — While trucking industry groups generally welcomed a proposal by the Federal Motor Carrier Safety Administration to offer rewards to carriers that operate safely, the agency’s safety chief said the use of technologies alone wouldn’t necessarily lead to relief.
May 4, 2015March Trailer Orders Drop, but Large Backlogs Remain
March orders for new trailers fell 22% from a year earlier, but manufacturers remain busy with a heavy backlog generated by an “epic” order season over the past several months, ACT Research said.
May 4, 2015UPS’ Net Income Rises 13% in 1Q
UPS Inc. last week announced net income rose 13% to $1.03 billion, or $1.12 per share, in the first quarter, as profitability improved in domestic and international businesses.
May 4, 2015SoCal Truckers Go on Strike Against Four Drayage Fleets
Several hundred truck drivers at the Southern California ports of Los Angeles and Long Beach went on strike last week against four fleets, including two controlled by XPO Logistics, seeking recognition as company employees instead of contractors.
May 4, 2015Mack Furthers Its Integration Strategy With AMT for Construction, Heavy-Haul
ALLENTOWN, Pa. — Mack Trucks has taken the next step in its integrated powertrain strategy by offering a proprietary automated manual transmission tailored to construction and heavy-haul applications.