Business
Business, Technology, Autonomous

London Not Ready for Driverless Cars Before 2030s, Report Says

London black cabs cause gridlock and bring Whitehall and central London to a standstill in a one hour protest demonstration in 2014 against the use of Uber. (Getty Images)

London is ill-prepared to become an early adopter of cutting-edge transport technology including driverless cars and retail deliveries by drone, according to the city’s lawmakers.

Christopher Jasper | Bloomberg News
February 13, 2018
Government, Business, Safety

Trump Infrastructure Pitch Welcomed by House GOP Transportation Leaders

Seventh Street Bridge in Modesto, Calif. Seventh Street Bridge in Modesto, Calif. (The Modesto Bee via YouTube)

Reps. Jeff Denham and Sam Graves — Republican chairmen of key authorizing subcommittees in the House — expressed enthusiasm this week for the Trump White House’s long-awaited infrastructure proposal, which most Democrats already have rejected.

Eugene Mulero | Staff Reporter
February 13, 2018
Business

Heartland Express Profits Hurt by IDC Acquisition

Heartland Express truck Heartland Express

Heartland Express reported weaker financial results for the fourth quarter and for the year 2017 as revenue fell well short of analysts’ expectations and profits were dragged down by the acquisition of Interstate Distributor Co. in July. The company also paid out more to attract and retain drivers.

Daniel P. Bearth | Transport Topics Senior Features Writer
February 13, 2018
Business, Logistics, TCA

Delivering the Goods: U.S. Xpress Offers Team Bonuses Up to $50,000

Nikola Motor Co.

With demand for long-haul driver teams outstripping supply, one of the country’s largest truckload carriers Feb. 12 launched a compensation plan to provide team drivers up to $50,000 in bonuses and four weeks of paid vacation every year.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
February 13, 2018
Business

Veeco Services Sold To Unidentified 'Strategic' Buyer

Ownership of Veeco Services, a warehousing, transportation and distribution firm based in North Bergen, N.J., has changed hands, according to Ron Lentz, managing director of G2 Capital Advisors in Boston.

Transport Topics
February 13, 2018
Business, Equipment

National Electrical Contractors Association Requests ELD Exemption

The National Electrical Contractors Association has applied for an exemption from the requirement for its members’ drivers to use electronic logging devices to record hours of service.

Eric Miller | Staff Reporter
February 13, 2018
Business

Stallion Oilfield Services Completes Two Acquisitons

Houston-based Stallion Oilfield Services completed two acquisitions, expanding its transportation services in the Permian Basin and the tri-state area of Pennsylvania, West Virginia and Ohio.

Transport Topics
February 13, 2018
Business, Equipment

Dana Sales Up, but Tax Charge Hurts Profits

Dana axles at a trucking trade show Dana Inc. axles at a trucking trade show last year. (John Sommers II for Transport Topics)

Industrial parts supplier Dana Inc. reported Feb. 13 its fourth-quarter and full-year 2017 results, stating a net loss of $104 million in the fourth quarter compared with income of $485 million in the same period in 2016.

Burney Simpson | Staff Reporter
February 13, 2018
Business, Technology, Autonomous

ATA Chairman Dave Manning Discusses Autonomous, Electric Trucks

NATSO Panel Newell (left), Manning and Mullings (Ari Ashe/Transport Topics)

NASHVILLE, Tenn. — Two fleet executives doubt fully autonomous or electric trucks will revolutionize the longhaul truckload industry in the near future, foreseeing instead a gradual evolution for these technologies.

Ari Ashe | Staff Reporter
February 13, 2018
Business

Record Number of Small-Business Owners Say It’s a Good Time to Expand

Thinkstock

Optimism among small companies in the U.S. rose more than forecast in January, fueled by a record number of owners who said now was a good time to expand, according to a National Federation of Independent Business survey released Feb. 12.

Vince Golle | Bloomberg News
February 13, 2018

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