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.
NTSB Report: Wal-Mart Driver Was Within HOS Limits
The Wal-Mart Stores Inc. driver whose truck crashed into a limousine carrying actor Tracy Morgan was in the 14th hour of a work shift that began the day before, which is just within allowable limits, according to a preliminary report from the National Transportation Safety Board. But the driver also appears to have been speeding.
FOLLOW LIVE: Senate Debates Latest HOS Amendment
The U.S. Senate is debating an amendment proposed by Democrats to undo the amendment approved recently by the Senate Appropriations Committee that would roll back restart provisions in the hours-of-service rule for one year while further study is conducted. Follow live developments.
June 19, 2014James Haslam II Donates $1.25 Million to TMAF Campaign
The trucking industry hauled in 25% of what it needs to fund its five-year image campaign — Trucking Moves America Forward — with a single contribution of $1.25 million from Pilot Flying J travel plazas founder James Haslam II.
I.D. Systems Signs Intermodal Contract
I.D. Systems Inc. said it has signed a $700,000, five-year contract with a truckload carrier that will use the supplier’s VeriWise intermodal cellular domestic container management tool, the company announced.
June 19, 2014South Carolina Ports Expect Continued Growth in 2015
The South Carolina Ports Authority said it expects a 3.4% increase in container volume in fiscal 2015 and revenue to increase $13.2 million to $172.8 million.
June 19, 2014Netherlands Prepares for Self-Driving Trucks Within Five Years
The Netherlands is reviewing traffic laws to make large-scale testing of self-driving trucks on public roads possible, Reuters reported.
June 19, 2014Manufacturing Activity in the Philadelphia Region Rises in June
Manufacturing activity in the Philadelphia Region expanded in June, the Federal Reserve Bank of Philadelphia said June 19.
June 19, 2014Leading Economic Indicators Rise for Fourth Month
The index of U.S. leading indicators rose in May for the fourth straight month, showing the economy will gain momentum after a slowdown at the start of 2014.
June 19, 2014Jobless Claims Fell Last Week as Labor Market Heals
Fewer Americans filed applications for unemployment benefits last week, a sign of steady progress in the labor market.
June 19, 2014Volvo’s North American Deliveries Rise 13% in May
Volvo Group’s North American heavy-duty truck deliveries rose 13% in May from the same month last year, the company reported June 18.
June 18, 2014