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: Alternative Fuels
The trucking industry’s Interest in alternative fuels has been building for a while and is expected to continue despite lower oil prices in recent months.
March 30, 2015Opinion: FMCSA Refuses to Recognize CSA Defects
In January, FMCSA released its Crash Weighting Report. The four-year study was conducted due to pressure from Congress and the trucking industry. The concern is that the Crash Indicator, one of seven scores in the Compliance, Safety, Accountability program patently misrepresents a carrier’s level of responsibility in certain DOT-reportable crashes.
March 30, 2015Editorial: Impeding Technology’s Progress
For the trucking press, few weeks on the calendar are as anticipated as the Mid-America Trucking Show.
March 30, 2015Tonnage Growth Slows in Feb., Hampered by Weather, Economy
Weaker economic activity and a prolonged winter combined to slow truck tonnage growth to 3% last month, but the industry remains on course to grow faster as the year unfolds, industry experts said.
March 30, 2015Separate Oils for Newer and Older Engines Being Developed for Heavy-Duty Trucks
The next generation of engine oil for diesel-powered trucks will offer commercial buyers increased variety, with separate blends for newer and older engines and a subcategory to reflect some fleets’ shift to lighter oils, said oil and engine manufacturers.
March 30, 2015Sen. Debra Fischer Chides FMCSA for Approach on Restart Rule
If the federal government had taken a performance-based rather than a “prescriptive” approach to its 34-hour restart rule, the regulation might have enhanced safety rather than adversely affected trucking operations, Sen. Debra Fischer (R-Neb.) said at a hearing last week.
March 30, 2015N.Y. Union Leader Seeks to Take Helm as Teamsters President in 2016 Election
New York-area union leader Tim Sylvester announced his bid to claim Teamsters leadership far in advance of next year’s election, mirroring a strategy of U.S. presidential candidates.
March 30, 2015Bill to Expand STB Authority Approved; Measure Backed by Railroads, Shippers
For the first time in almost two decades, a Senate bill to expand the powers and structure of the Surface Transportation Board could move forward with shipper support and a new rail industry stance on changes at the regulatory agency.
March 30, 2015Navajo Express Execs Foil Bomb Threat as Passenger Charges Cockpit on Flight
Navajo Express executives Don Digby Jr. and Scott Maldonado were feeling good about closing a business deal earlier in the day and planning on a relaxing evening flight from Washington Dulles International Airport to Denver.
March 30, 2015Class 8 Sales Will Hit Peak in 2015, ACT Forecast Says
COLUMBUS, Ind. — The Class 8 market will reach a peak in 2015 as a favorable freight market and improved trucker profitability lift the industry, ACT Research Co. projected.
March 30, 2015