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.
Senate Bill Would Provide Tax Equity For LNG
Republican and Democratic senators have reintroduced their bill to create tax equity for carriers that use liquefied natural gas.
Mark Gagnon Named Board Chairman of Connecticut Trucking Group
Mark Gagnon, president of Capitol Moving and Storage of South Windsor, Connecticut, was recently installed as the chairman of the board of the Motor Transport Association of Connecticut.
FMCSA Wants to Query Carriers About Relationship of Pay to Safety
The Federal Motor Carrier Safety Administration has announced that it is seeking approval from the Office of Management and Budget to query carriers on the relationship of safety and current driver compensation practices.
Mack Adds Heavy-Duty Transmission: mDRIVE HD
Mack Trucks has introduced a heavy-duty version of its mDRIVE automated manual transmission that is tailored to construction applications, the manufacturer announced.
February 4, 2015N.J. Court Bars Wal-Mart Driver from Tracy Morgan Civil Case
Kevin Roper, the driver of a Wal-Mart truck involved in a crash that injured comedian Tracy Morgan and killed Morgan's colleague, has been barred by a New Jersey judge from becoming part of Morgan’s civil case against the retailer.
February 4, 2015Saia Acquires Dallas Logistics Firm for $25 Million
Saia Inc. has acquired Dallas-based logistics firm LinkEx for about $25 million.
February 4, 2015Peterbilt Debuts Model 567 with Set-Forward Front Axle Configuration
Peterbilt has introduced a set-forward front-axle configuration for vocational Model 567 it says is ideal for mixer and weight-conscious applications.
February 4, 2015Drone Package Delivery Starts in China as Amazon Seeks US Test
Alibaba Group Holding is making its first trial drone deliveries in China, as e-commerce rival Amazon.com Inc. struggles to start a similar program in the U.S.
Truck Orders Rise 2.4% in January; Ease Back From Record Highs
Class 8 truck orders rose 2.4% in January to 35,400, slowing from the torrid fourth-quarter pace in which they averaged over 43,000, ACT Research reported.
Companies Added 241,000 Workers in December, ADP Says
Companies added more workers than forecast in December, indicating the U.S. job market was sustaining strength as 2014 drew to a close, according to a private report based on payrolls.