Jobless Claims Decline to Lowest Level Since November
The number of Americans filing for unemployment benefits unexpectedly declined last week to a three-month low, signaling durability in the labor market.
February 18, 2016Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
Lytx to Be Sold to Private Equity Firm GTCR for $500 Million
Lytx Inc., the largest supplier of video-based safety systems for the trucking industry, has agreed to be acquired by private equity firm GTCR for more than $500 million.
February 18, 2016Pennsylvania Facing Transportation Funding Shortfall
Pennsylvania Secretary of Transportation Leslie Richards dropped a bit of a bombshell on the state’s transportation world when she announced that her department was facing a shortfall of at least $6 billion.
February 17, 2016Opinion: Recruiting Should Be a Top Priority
Communication and team building are two ideas or points of emphasis that all successful transportation firms need to understand and utilize.
February 15, 2016Editorial: Section 611 Makes Good Sense
The House Transportation and Infrastructure Committee is debating aviation policy in the form of the Aviation Innovation, Reform and Reauthorization Act, or AIRR Act, and a sliver of the 273-page bill concerns trucking.
February 15, 20164Q, Full-Year 2015 Earnings Show Shift in Global Marketplace Trends for OEMs
Heavy-duty truck and engine makers reported earnings for the fourth quarter and the year that show the North American market starting to ease, Europe on the rise and the rest of the world showing difficulties.
February 15, 2016NTSB Rips FMCSA on Crash
The Federal Motor Carrier Safety Administration was publicly criticized by the National Transportation Safety Board for “inadequate safety oversight of high-risk carriers” after an investigation of a fatal crash in Illinois in which fatigue was blamed.
February 15, 2016CP’s Quest for Norfolk Southern Intensifies
MIAMI — Canadian Pacific Railway Ltd. and Norfolk Southern Corp. have upped the stakes in a $30 billion battle for control of the U.S. railway, as the potential acquirer said it would take its case directly to NS shareholders.
February 15, 2016Virginia Gov. Terry McAuliffe, Legislators Agree on I-66 Proposal
Virginia Gov. Terry McAuliffe and key legislators from both parties and both chambers announced Feb. 10 that they have agreed on a plan to add a third lane to a 4-mile eastbound stretch of Interstate 66 from the Dulles Airport Connector Road to Arlington inside the Capital Beltway.
February 11, 2016Sleep Apnea Proposal Clears OMB
A plan by federal regulators to issue an advance notice of proposed rulemaking regarding sleep apnea cleared a review by the White House Office of Management and Budget on Feb. 3.
February 4, 2016