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.
Kenworth Offers New In-Cab Coaching Tool to Improve Driver Performance
Kenworth Truck Co. said it is offering a new in-cab driver coaching tool on its new T680 and T880 models equipped with Paccar MX-13 engines and automated transmissions.
Michelin Launches New Wide-Base Trailer Tire
Michelin Americas Truck Tires has launched a new wide-base single-trailer tire for regional operations.
Consumer Sentiment Reaches 7-Year High
Consumer confidence in the U.S. unexpectedly rose in October to the highest level in seven years, showing a brightening in Americans’ moods as gas prices drop and the labor market gains traction.
October 17, 2014Housing Starts Climb 6.3% in September
New home construction rose in September after slumping a month earlier, indicating halting progress in the U.S. residential real-estate market.
October 17, 2014Intermodal Rail Traffic Rises 4.8% for Week
U.S. rail intermodal traffic increased 4.8% in the week ended Oct. 11 compared with the same week last year, the Association of American Railroads reported.
October 17, 2014Railroads Press Against Proposals to Slow Oil Trains
U.S. railroads are rallying customers, including lumber and steel companies, to fight a government proposal to slow trains hauling crude oil.
October 16, 2014NHTSA Investigating Michelin Steer Tire
The National Highway Traffic Safety Administration has opened a preliminary evaluation of a specific Michelin steer tire for use in autohauler rigs that led to six complaints from truck operators who said the tires were involved in seven accidents.
Operation Safe Driver Week Kicks Off Oct. 19
Law enforcement agencies across North America beginning Oct. 19 will conduct heightened traffic safety enforcement and education.
Slagle Retires as ABF Freight President; Thorne Takes Over
Roy Slagle has retired as president of less-than-truckload carrier ABF Freight System Inc. after 37 years with the company, parent ArcBest Corp. announced.
Poll: 80% Don’t Want Truckers’ Restricted Driving Hours Relaxed
A new poll commissioned by a coalition of advocacy groups found that 80% of Americans believe Congress should not raise the number of hours a truck driver can be on the road to 82 hours from 70. ATA calls the results misleading.