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.
Trailer Orders Jump 52.2%
Trailer orders in May rose to the highest level for that month since 1998, continuing the strong growth trend that has been building this year, ACT Research reported.
June 30, 2014Fleets Struggle With HOS Effects in 1st Year Since Restart Change
The Federal Motor Carrier Safety Administration says the changes to the hours-of-service restart rule, which marks its first anniversary this week, are saving lives and making the roads safer.
June 30, 2014Fleets Need Stricter Tire Maintenance Routines as Highway Conditions Worsen, Makers Say
With the federal and state governments hard-pressed to keep roadways in good shape, extra attention to tires during and between hauls is essential to maximizing their life span, manufacturers said.
June 30, 2014Kenworth Showcases T680 Truck Models
CHILLICOTHE, Ohio — Kenworth Truck Co. is offering two variations on its T680 tractor that are targeted to fleets looking to reduce fuel costs, company executives said.
June 30, 2014Navistar Amends Stockholder Plan
Navistar International Corp. said last week that it amended its stockholder rights plan in order to discourage any person or group from obtaining 5% ownership, a move intended to protect the long-term value of its tax assets.
June 30, 2014Delaware Considers Suing Construction Firm Blamed for Damaging Interstate 495 Bridge
Delaware Department of Transportation officials are exploring possible legal action against a construction company believed to have dumped 50,000 tons of fill dirt adjacent to the Interstate 495 bridge in Wilmington, Delaware, that inspectors have said damaged four of the bridge’s piers.
June 30, 2014Senate Panel Drops Proposal to Increase Heavy-Truck Tax
Leaders of the Senate Finance Committee, in an effort to gain more Republican support, tweaked a highway spending bill on June 26 by removing a provision that would have imposed higher fees on heavy trucks.
June 30, 2014Many Commenters Back ELD Rule, But Recommend Technical Changes
The Federal Motor Carrier Safety Administration was bombarded with more than 1,600 comments on its electronic logging device proposed rule as of June 25 — the day before the comment period officially closed.
June 30, 2014Two Initiatives Unveiled to Cut Port Congestion
Efforts to cut congestion for port truckers could be gaining momentum, based on two developments last week.
June 30, 2014West Coast Dock Operations to Continue as Parties Plan to Extend Contract Talks
West Coast port negotiations apparently will stretch beyond the scheduled June 30 contract expiration, with operations expected to continue without interruptions, officials said.
June 30, 2014