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, Technology, Fuel, Perspective

Perspective: Diesel Drives Toward Clean Energy Future

The journey to cleaner diesel fuels, particulate filters and near-zero nitrogen oxide engines that took place in the 1990s through today has not been entirely smooth. But, we have witnessed the diesel engine develop into a near-zero emissions technology, says Allen Schaeffer of the Diesel Technology Forum.

Allen Schaeffer | Executive Director, Diesel Technology Forum
May 29, 2019
Business, Safety

2019 Maine Truck Driving Championships

Photos of the winners from the Maine Truck Driving Championships in Hermon, May 18, 2019.

May 29, 2019
Business, Safety

Walmart Driver Jason Imhoff Might Be the New Face of Trucking

A man no older than 40 dons a fresh-pressed white-collar shirt, sleeves landing just above the elbow. He has a smile measuring a million watts and perfectly groomed hair.

Marissa Gamache | Features Coordinator
May 29, 2019
Government, Business

Connecticut Gov. Ned Lamont Releases Draft Plan on Infrastructure Investment

As the Connecticut General Assembly’s legislative session draws to a close, Gov. Ned Lamont released a working draft of an infrastructure funding proposal that lawmakers will rely on during a special session focused solely on transportation and economic development.

Eleanor Lamb | Staff Reporter
May 29, 2019
Government, Business, Fuel

Diesel Drops 1.2¢ to $3.151 a Gallon

The U.S. average retail price of diesel dropped 1.2 cents to $3.151 a gallon, the Department of Energy reported. Concerns over demand and supply pushed oil below $59 a barrel, a level not seen since mid-March.

Roger Gilroy | Senior Reporter
May 28, 2019
Business, Fuel

Exxon, Chevron to Face Climate Change Pressure From Investors

Exxon Mobil Corp. and Chevron Corp.’s unwillingness to venture beyond their core oil and gas business will face a test May 29 when shareholders vote on climate change proposals at both oil companies’ annual meetings.

Kevin Crowley | Bloomberg News
May 28, 2019
Business, Safety

2019 Delaware Truck Driving Championships

Scenes from the 2019 Delaware Truck Driving Championships in Harrington, May 18, 2019. (Eleanor Lamb/Transport Topics)

May 28, 2019
Business, Logistics, Top 100

Maverick to Sell Reefer Division to KLLM Transport Services

Maverick USA announced May 24 it will sell its temperature-controlled business to over-the-road carrier KLLM Transport Services of Jackson, Miss. The North Little Rock, Ark., carrier didn’t release terms of the deal.

Dan Ronan | Senior Reporter
May 28, 2019
Business, Safety

Christopher Scholand to Be Among Familiar Faces at North Dakota Truck Driving Championships

The North Dakota Motor Carriers Association is gearing up to host its 29th annual North Dakota Truck Driving Championships, and the competition already is looking stiff.

Anneliese Mahoney | Associate Editor
May 28, 2019
Business, Logistics

Amazon Poised to Unleash Purge of Small Suppliers, Sources Say

Two months ago, Amazon halted orders from thousands of suppliers with no explanation. Panic ensued — until the orders quietly resumed weeks later, with Amazon suggesting the pause was part of a campaign to weed out counterfeit products.

Spencer Soper | Bloomberg News
May 28, 2019