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, Technology

Peterbilt Debuts Online Customization Tool for Model 579

Peterbilt Motors Co. has released an online configuration tool for the Model 579, allowing customers to design and customize the truck.

August 4, 2014
Government, Business

FMCSA’s Anne Ferro to Depart

Anne Ferro, who oversaw a period of voluminous rulemaking for the trucking industry, has announced her resignation as head of the Federal Motor Carrier Safety Administration.

August 4, 2014
Government, Business

Anne Ferro: A Timeline of Her FMCSA Tenure

Anne Ferro announced July 25 she would leave her post as FMCSA Administrator in late August to become head of the American Association of Motor Vehicle Administrators. Here's a look back at events that took place during her time as chief.

August 4, 2014
Business

Voters in Wisconsin, Maryland to Decide on Better Protections for Transport Funds

Voters in Wisconsin and Maryland will decide in November on amendments that would bar lawmakers from raiding transportation funds to balance their states’ budgets.

Michele Fuetsch | Staff Reporter
August 4, 2014
Perspective, Business

Opinion: Workers’ Comp Strategies for Trucking

It seems no good deed goes unpunished for the trucking industry. After climbing out of the bottom of the recession, demand for transporting goods is finally on the rise, and the industry is as steady as it has been in years. While this is encouraging, the rise in demand brings its own set of problems.

August 4, 2014
Editorial, Government, Business

Editorial: Ferro Departs

It’s understandable that many in the trucking industry have mixed feelings about the departure of Anne Ferro, head of the Federal Motor Carrier Safety Administration, who has announced her resignation.

August 4, 2014
Government, Business

Rulemakings Loom Large in FMCSA’s Short History

The Federal Motor Carrier Safety Administration will be 15 years old in January — not long in the life of a government agency. That may explain in part why the five-year tenure of Administrator Anne Ferro, marked by a flurry of rulemaking, looms large in the agency’s and trucking history.

August 4, 2014
Government, Business

Ferro’s Last Words to Senate: Don’t Change HOS Restart

In what was likely her final appearance before Congress as head of the Federal Motor Carrier Safety Administration, Anne Ferro said she opposes efforts to suspend the restart provision of the hours-of-service rules.

August 4, 2014
Business

Transport Acquisitions Rise; Experts See More to Come

Trucking acquisitions are accelerating in North America, as hyperactive buyers TransForce Inc. and XPO Logistics Inc. swooped up three companies, and executives with other firms said more deals could be in the works.

August 4, 2014
Business

All 50 States Now Allow Skill-Test Waivers to Help Military Personnel Obtain CDLs

Military personnel with at least two years of safe-driving experience can now receive a commercial license without taking a state-monitored skills test in all 50 states and the District of Columbia, transportation officials said last week.

August 4, 2014