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

Port of Montreal to Spend C$75 Million on Enhancing Truck Access

The Montreal Port Authority said the Quebec government will invest C$75 million to improve truck access to the port as part of a C$1.5 billion investment in the area’s maritime industry.

March 30, 2015
Government, Business, Safety, Fuel

Transportation Secretary Anthony Foxx: Phase 2 GHG Emissions Proposal Sent to OMB

The proposed Phase 2 greenhouse-gas emissions rule for medium- and heavy-duty vehicles has been forwarded to the White House Office of Management and Budget for review, Transportation Secretary Anthony Foxx said during an interview at a Politico “PlaybookLunch” event March 30.    

Eric Miller | Senior Reporter
March 30, 2015
Business

Pending Sales of Homes Rises in February

More Americans than forecast signed contracts to purchase previously owned homes in February, indicating a pickup in the housing market ahead of the spring selling season.

Nina Glinski | Bloomberg News
March 30, 2015
Business

Spending by Consumers Rises Less Than Expected

Consumer purchases rose less than projected in February, indicating the biggest part of the U.S. economy will find it hard to sustain momentum after the best quarter since 2006.

Shobhana Chandra | Bloomberg News
March 30, 2015
Business, Autonomous

Telematics Was MATS Focus

LOUISVILLE, Ky. — The growing prevalence of telematics for monitoring and refining the performance of trucks and linking drivers, fleets and manufacturers with vehicles dominated the opening of the 2015 Mid-America Trucking Show.

March 30, 2015
Fuel, Business, Government, Autonomous

TT Archives: Alternative Fuels

The trucking industry’s Interest in alternative fuels has been building for a while and is expected to continue despite lower oil prices in recent months.

March 30, 2015
Perspective, Business

Opinion: FMCSA Refuses to Recognize CSA Defects

In January, FMCSA released its Crash Weighting Report. The four-year study was conducted due to pressure from Congress and the trucking industry. The concern is that the Crash Indicator, one of seven scores in the Compliance, Safety, Accountability program patently misrepresents a carrier’s level of responsibility in certain DOT-reportable crashes.

March 30, 2015
Editorial, Business, Government, Safety, Autonomous

Editorial: Impeding Technology’s Progress

For the trucking press, few weeks on the calendar are as anticipated as the Mid-America Trucking Show.

March 30, 2015
Business, Autonomous

Tonnage Growth Slows in Feb., Hampered by Weather, Economy

Weaker economic activity and a prolonged winter combined to slow truck tonnage growth to 3% last month, but the industry remains on course to grow faster as the year unfolds, industry experts said.

March 30, 2015
Business, Autonomous

Separate Oils for Newer and Older Engines Being Developed for Heavy-Duty Trucks

The next generation of engine oil for diesel-powered trucks will offer commercial buyers increased variety, with separate blends for newer and older engines and a subcategory to reflect some fleets’ shift to lighter oils, said oil and engine manufacturers.

March 30, 2015