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, Safety

Wisconsin to Act on Federal Rule Waiving Permit Tests for Veterans

Wisconsin Gov. Scott Walker will act upon the recent federal rule that allows state driver’s licensing agencies to waive the requirement of the commercial learner’s permit for individuals who worked in a military position that required operating a truck within the last year.

Eleanor Lamb | Staff Reporter
October 5, 2018
Government, Business

Sam Graves, Jeff Denham Pursue House Transportation Panel’s Gavel in 2019

WASHINGTON — Should Republicans retain control of the House after the midterm elections, they’ll have a choice between Sam Graves and Jeff Denham — two men with differing styles — to lead the Transportation and Infrastructure Committee.

Eugene Mulero | Senior Reporter
October 5, 2018
Business, Technology, Equipment, Safety

App-Enabled Freight Platforms Help Small Carriers Find Loads, Boost Efficiency

Large fleets typically have been the first to benefit from the spread of technology in trucking, but digital freight brokers are working to extend some of the same advantages to smaller carriers and independent drivers.

Mindy Long | Special to Transport Topics
October 5, 2018
Government, Business, Fuel, Editorial

Editorial: Continuing to Do Business

Keeping trade moving among the United States, Mexico and Canada helps keep the wheels turning for U.S.-based operations.

October 4, 2018
Government, Business

Trucking Welcomes Trade Agreement With Canada

The trucking industry expressed support and relief that Canada has agreed to a new trade deal with the United States and Mexico which, if approved by Congress, will replace the North American Free Trade Agreement.

Daniel P. Bearth | Staff Writer
October 4, 2018
Government, Business, Logistics

Cost of Operating a Truck Up 6% to $1.69 Per Mile, ATRI Report Says

The cost of operating a truck averaged $1.69 per mile, a 6% increase in 2017 according to a report released Oct. 2 by the American Transportation Research Institute.

Dan Ronan | Senior Reporter
October 4, 2018
Government, Business, Safety

NHTSA Reports Spike in Large-Truck Occupant Fatalities

Department of Transportation officials centered on an optimistic but guarded message Oct. 3: Roadway fatalities were down 2% year-over-year in 2017, but that did not necessarily indicate an across-the-board trend.

Joe Antoshak | Staff Writer
October 4, 2018
Government, Business, Safety

Pa. Gov. Tom Wolf Announces 42 Multimodal Projects

Pennsylvania Gov. Tom Wolf has announced funding for 42 projects related to highways, bridges, transit, ports and pedestrian accessibility.

Eleanor Lamb | Staff Reporter
October 4, 2018
Business

Former ATA Chairman Ernest Cox Dies at 89

Ernest Stedman Cox, a former American Trucking Associations chairman and prominent figure in the industry, died Oct. 1. He was 89.

Joe Antoshak | Staff Writer
October 4, 2018
Business

American Tire Files for Bankruptcy to Cut Debt by $1.1 Billion

American Tire Distributors Inc., buffeted by the defection of two big manufacturers, is filing for Chapter 11 bankruptcy in Delaware after reaching a deal with most of its bondholders to reduce its debt by about $1.1 billion.

October 4, 2018