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.
Federal Standards Needed for Autonomous Technology to Excel, Volvo Executive Says
WASHINGTON — For autonomous driving technologies to continue to advance, lawmakers will have to approve federal standards that address various regulations at the state level, a Volvo executive told a Senate transportation panel on July 7.
Truck Driver Receives Carnegie Medal for Heroism
Truck driver Clinton Blackburn of Morehead, Kentucky, has been named one of 18 winners of the Carnegie Medal, awarded to those who risk their lives to an extraordinary degree while saving or attempting to save the lives of others.
Port Logistics Group Names New CFO
Port Logistics Group, a provider of gateway logistics services, has appointed Marty Brogden as its new chief financial officer.
July 7, 2015Pitt Ohio to Begin Service in Louisville on Aug. 17
Less-than-truckload fleet Pitt Ohio announced plans to expand its service area Aug. 17 to include the Louisville, Kentucky, market.
July 7, 2015ATA Among Groups Supporting Sen. Deb Fischer’s FMCSA Reform Bill
Two leading trucking associations and a key safety group have expressed support for legislation recently introduced by Sen. Deb Fischer (R-Neb.) designed to reform the Federal Motor Carrier Safety Administration’s regulatory process.
Colorado Supreme Court to Review Lawsuit Calling Bridge Surcharge Unconstitutional
The Colorado Supreme Court has agreed to review a lawsuit alleging that a fee charged by state-authorized enterprise to finance, repair, reconstruct and replace Colorado bridges is an unconstitutional tax.
Heavier Six-Axle Trucks Pushed for Use on Interstates
A group of nearly 200 manufacturers, shippers, carriers and allied associations has urged members of Congress to pass vehicle weight reform legislation to allow heavier six-axle trucks on U.S. interstates.
Dicom, DDC FPO Sign Service Deal
Dicom Transportation Group, a North American freight and logistics company, signed an agreement with DDC FPO to provide back-office services, such as billing.
July 7, 2015Daimler Completes Yearlong Electric Fuso Canter Consumer Trials
Daimler said it has successfully completed a yearlong consumer test of its electric battery-powered Fuso Canter E-Cell.
July 7, 2015Trade Gap Grew in May as Exports Fell Most in Three Months
The U.S. trade deficit widened in May as exports declined by the most in three months, showing businesses were having trouble drumming up sales to overseas customers.
July 7, 2015