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.

Business

Remembering Mike Pennington

Longtime trucking industry figure Mike Pennington passed away suddenly on Dec. 5. He was 64.

December 8, 2014
Perspective, Business

Opinion: The Digital Revolution and Driver Recruiting

The driver shortage is not a new issue for the trucking industry. It’s been at the top of the list of challenges facing fleets for years.

December 8, 2014
Editorial, Business

Editorial: Hiring the Veterans

Too often in our ever more polarized world, any announcement is followed by an immediate response from someone denouncing the original position.

December 8, 2014
Business

3Q Registrations of New Trucks Best Since 2006

Registrations of new Class 8 trucks jumped in the third quarter to the highest level in nearly eight years as large firms replenished and expanded their fleets, IHS Automotive reported.

December 8, 2014
Business

ATA Pledges Members Will Hire 100,000 Veterans Over Two Years

American Trucking Associations last week pledged that member companies will hire 100,000 military veterans over the next two years.

December 8, 2014
Business, Logistics, Equipment

Trailer Makers Apply Treatments, Add Metals to Combat Corrosion

Road treatment chemicals designed to remove snow and ice are wreaking havoc on trailer components, forcing manufacturers to add metals, apply special coatings and redesign parts to provide extra durability.

December 8, 2014
Business

Navistar Seeks to Consolidate Lawsuits Tied to EGR Engines

Attorneys for Navistar last week asked a federal multidistrict panel to consolidate as many as 17 lawsuits alleging the company sold tractors with defective MaxxForce 13-liter engines featuring advanced exhaust gas recirculation emission systems.

December 8, 2014
Business

US Supreme Court Hears Bias Claim From Pregnant Worker at UPS Inc.

WASHINGTON — The U.S. Supreme Court last week heard arguments in a high-profile case involving UPS Inc. that may give guidance for employers on whether they must provide “light-duty” jobs or otherwise accommodate pregnant employees unable to perform their normal job duties.

December 8, 2014
Business

Group Offers Three Possible Solutions for Increasing Transportation Funding

WASHINGTON — The Eno Center for Transportation, a Washington, D.C.-based think tank, outlined ways to realize long-term funding for the national transportation system in a report unveiled at the National Press Club on Dec. 3.

December 8, 2014
Government, Business

Specialized Carriers Seek FMCSA Exemption From Mandatory HOS Rest-Break Provision

The difficulty truckers tend to have with locating parking for an oversized and overweight load, as well as time constraints for moving the goods, has prompted a request to forego federal mandatory rest periods.

December 8, 2014