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.
House Ethics Panel Clears Rep. Petri
The House Committee on Ethics announced it would not discipline retiring Rep. Tom Petri (R-Wis.), stating that the 18-term lawmaker sought and adhered to the committee's guidance when he aided firms in which he owned stock.
Navistar Plans to Close Engine-Part Foundry, Cut 180 Jobs
Navistar International Corp. announced plans to close the Indianapolis foundry where it produces engine blocks and heads for its MaxxForce engines.
December 15, 2014HOS Restart Rule Reverts to Pre-July 2013 Status; Questions and Answers
Questions and answers on the impact of the suspension of the HOS restart provision approved by Congress (as supplied by American Trucking Associations).
December 15, 2014FedEx Kicks Off Busiest Day
FedEx Corp. kicked off what it expects to be its busiest day in company history, Dec. 15.
December 15, 2014Amazon Snags Sorting From FedEx to Avert Package Pileups
Amazon.com Inc., seeking to avoid shipping delays that marred last year’s holiday season, is taking more control of its delivery system by opening “sorting centers” around the country.
December 15, 2014Industrial Production Jumps by Most Since May 2010
Industrial production surged in November by the most since May 2010 as U.S. assembly lines churned out more consumer goods and business equipment, signaling manufacturing is bolstering economic growth.
Letter to the Editor: Autonomous Railcars
I was asked by a top consulting firm what I see as the future of autonomous vehicles as it relates to the trucking industry. I have never been asked such a futuristic question in all my years in trucking.
December 15, 2014Robust Trucking Drives Economy Forward
The trucking industry today operates at or near capacity, a testament to the resiliency of the U.S. economy that has rebounded from the depths of the recession.
December 15, 2014More Relief at the Pump
Three-dollars-a-gallon diesel. It’s a phrase that many truckers thought they may never utter again.
December 15, 2014Predictive Maintenance Is Focus at Volvo, Mack Uptime Center
GREENSBORO, N.C. — Volvo Trucks and Mack Trucks offered a glimpse into their new Uptime Center, where 630 employees monitor vehicles around the clock, and the companies say major advancements in fleet management and remote diagnostics will be developed.
December 15, 2014