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.
Industry Experts: Trucking Booms, but Keep an Eye on Trade Policy
The economy and trucking are in good shape for the second half of this year despite issues including the driver shortage. But uncertain trade policy is having an impact on future expansion, according to three industry experts who spoke June 7 at American Trucking Associations’ 2018 National Accounting & Finance Council annual conference in Raleigh, N.C.
Diesel Slips 1.9¢ to $3.266 a Gallon
The U.S. average retail price of diesel fuel fell 1.9 cents to $3.266 a gallon, following a .3 cent decline a week ago, according to the weekly report from the U.S. Department of Energy’s Energy Information Administration on June 11. Despite the drop, diesel now costs 74.2 cents more per gallon than it did one year ago.
Opinion: Trucking Industry Supports Repeal of Federal Excise Tax
The American Truck Dealers’ top legislative priority is to repeal the federal excise tax, and truck dealers and automotive trade association executives will converge on Capitol Hill this month to support this important effort.
2018 North Dakota Truck Driving Championship
A look at the on-course and off-course action during the 2018 North Dakota Truck Driving Championships, hosted by the North Dakota Motor Carriers Association, June 2, 2018, in Fargo.
June 11, 2018Driverless Delivery Startup Uses $92 Million to Focus on Safety
In an abandoned lot on the outskirts of Sacramento, Calif., R1, a domed gray vehicle half the size of a Toyota Corolla, is practicing driving itself. It stops at stop signs, yields to people, and handles sharp turns, as other self-driving vehicles do on test courses in Silicon Valley, Detroit, and China.
June 11, 2018Alabama State Truck Driving Championships
Photo coverage of winners and scenes from the 2018 Alabama Truck Driving Championships June 1 in Pelham, Ala. (Photos courtesy of the Alabama Trucking Association)
June 11, 2018Dr Pepper’s ‘Final’ Contract Offer Fizzles With Chicago Deliverers
A two-week strike by 150 Chicago Teamsters targeting Dr Pepper Snapple Group Inc. continues after drivers voted overwhelmingly to reject the soft drink company’s latest contract proposal, union officials said June 8.
June 11, 2018South Korean Giant CJ Logistics Buys DSC Logistics
South Korea’s CJ Logistics will take majority control of Des Plaines, Ill.-based DSC Logistics in a deal expected to close in the third quarter.
Walmart’s Terry Wood Named Pennsylvania Grand Champion
HARRISBURG, Pa. — Terry Wood, the Walmart driver who was recently crowned Pennsylvania’s truck driving champion, said the secret to success can be distilled into two basic habits — study and practice.
Capitol Agenda for the Week of June 11: A Rare Sighting
The U.S. Senate plans to work through much of what would have been its August recess, an event about as rare as the sighting of a white rhino. Here's what they hope to accomplish then, as well as what's ahead for trucking on Capitol Hill this week.