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, Fuel

Colorado Drillers Face Tougher Rules Under New Reforms

Colorado’s Legislature passed a sweeping overhaul of the state’s oil and natural gas laws, giving local governments more power to regulate drilling in one of the nation’s top crude-producing regions.

Catherine Traywick | Bloomberg News
April 5, 2019
Business, Fuel

Fortistar Acquires Landfills for Renewable Natural Gas

Clean energy supplier Fortistar, in partnership with financial company Ares Capital Corp., announced it acquired two landfill renewable natural gas facilities in western Pennsylvania from EDF Renewables North America.

April 5, 2019
Government, Business, Safety, Editorial

Editorial: Starting the Clock on HOS Reform

The Department of Transportation has taken an important first step in potential reform of the hours-of-service rules that regulate how much time truck drivers can spend behind the wheel, and we’re glad to see it.

April 4, 2019
Business, Logistics, Top 100

Old Dominion Freight Line Unveils Interactive Signage at Mets’ Citi Field

Old Dominion Freight Line is upping its advertising game this season with the New York Mets. The company partnered with Chicago-based Czarnowski to create a three-dimensional replica of an ODFL tractor-trailer at Citi Field.

Marissa Gamache | Features Coordinator
April 4, 2019
Government, Business, Top 100

Three Former Roadrunner Executives Charged With Fraud

The Securities and Exchange Commission has formally charged the former chief financial officer and two of his associates at Roadrunner Transportation Systems with accounting fraud and misleading investors about the company’s financial results.

Daniel P. Bearth | Staff Writer
April 4, 2019
Government, Business

OOIDA-Backed Lawsuit Over Pennsylvania Turnpike Tolls Dismissed

The U.S. District Court for the Middle District of Pennsylvania on April 4 dismissed the Owner-Operator Independent Drivers Association’s class-action lawsuit claiming the state lets the Pennsylvania Turnpike Commission collect “excessive” tolls, hampering interstate commerce.

Dan Ronan | Senior Reporter
April 4, 2019
Business, Logistics, Top 50

Cynosure Invests in Visible Supply Chain Management

Visible Supply Chain Management has received an unspecified equity investment in its business from The Cynosure Group, an investment firm controlled by the Eccles family in Salt Lake City, according to a statement released April 3.

Daniel P. Bearth | Staff Writer
April 4, 2019
Government, Business, Safety

Federal Judge in New Orleans Dismisses Alleged ‘Staged Accident’ Lawsuit

At the request of the plaintiffs, a federal judge in New Orleans dismissed a civil lawsuit April 8 involving a truck accident that was similar to numerous others that the trucking company defendants said are under investigation by federal law enforcement for being staged by the alleged victims.

Eric Miller | Senior Reporter
April 4, 2019
Government, Business, Logistics

Trump Threatens Car Tariffs on Mexico Over Drug Flow Across Border

President Donald Trump retreated from threats to immediately close the border with Mexico over migration, instead abruptly pivoting April 4 to a new demand: that the Mexican government stop the flow of illegal drugs into the U.S. within a year or face car tariffs.

Shannon Pettypiece | Bloomberg News
April 4, 2019
Business, Technology, Logistics

Carmakers Sell More to Rental Companies as Retail Demand Weakens

Stronger-than-expected new car sales last month belied a dirty little secret: Automakers have been selling more vehicles to rental fleets in recent months to prop up volume.

April 4, 2019