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.

Government, Business

FMCSA Wants to Query Carriers About Relationship of Pay to Safety

The Federal Motor Carrier Safety Administration has announced that it is seeking approval from the Office of Management and Budget to query carriers on the relationship of safety and current driver compensation practices.

Michele Fuetsch | Staff Reporter
February 4, 2015
Business

Mack Adds Heavy-Duty Transmission: mDRIVE HD

Mack Trucks has introduced a heavy-duty version of its mDRIVE automated manual transmission that is tailored to construction applications, the manufacturer announced.

February 4, 2015
Business

N.J. Court Bars Wal-Mart Driver from Tracy Morgan Civil Case

Kevin Roper, the driver of a Wal-Mart truck involved in a crash that injured comedian Tracy Morgan and killed Morgan's colleague, has been barred by a New Jersey judge from becoming part of Morgan’s civil case against the retailer.

February 4, 2015
Business

Saia Acquires Dallas Logistics Firm for $25 Million

Saia Inc. has acquired Dallas-based logistics firm LinkEx for about $25 million.

February 4, 2015
Business

Peterbilt Debuts Model 567 with Set-Forward Front Axle Configuration

Peterbilt has introduced a set-forward front-axle configuration for vocational Model 567 it says is ideal for mixer and weight-conscious applications.

February 4, 2015
Business, Technology

Drone Package Delivery Starts in China as Amazon Seeks US Test

Alibaba Group Holding is making its first trial drone deliveries in China, as e-commerce rival Amazon.com Inc. struggles to start a similar program in the U.S.

Lulu Yilun Chen | Bloomberg News
February 4, 2015
Business

Truck Orders Rise 2.4% in January; Ease Back From Record Highs

Class 8 truck orders rose 2.4% in January to 35,400, slowing from the torrid fourth-quarter pace in which they averaged over 43,000, ACT Research reported.    

Michael G. Malloy | Web Editor
February 4, 2015
Business

Companies Added 241,000 Workers in December, ADP Says

Companies added more workers than forecast in December, indicating the U.S. job market was sustaining strength as 2014 drew to a close, according to a private report based on payrolls.

Shobhana Chandra | Bloomberg News
February 4, 2015
Government, Business

API Chief Jack Gerard: Infrastructure Priorities Transcend Politics

Jack Gerard, executive director of the Washington-based American Petroleum Institute, told the House Transportation and Infrastructure Committee on Feb. 3 to put aside political differences and agree on long-term funding programs that modernize the country’s aging transportation network.

Eugene Mulero | Senior Reporter
February 3, 2015
Business

Washington DOT Files $17 Million Lawsuit in Skagit Bridge Collapse

The Washington State Department of Transportation has filed a $17 million lawsuit against the motor carrier and driver involved in the 2013 Interstate 5 Skagit River bridge collapse, the Associated Press reported Feb 3.

Eric Miller | Senior Reporter
February 3, 2015