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.
Illinois Town, Love’s Reach $750,000 Development Agreement
The Decatur City Council on May 21 unanimously approved a first-of-its-kind development agreement for a new Love’s Travel Stop & Country Store.
Georgia State Truck Driving Championships
Photo coverage of winners and scenes from the 2018 Georgia Truck Driving Championships May 10-12 in Lake Lanier Islands, Ga.
May 22, 2018Cargo Thefts Down, but Reporting Problems Remain
There were 115 cargo thefts in the United States in the first quarter with an average loss value per incident of $117,283, according to Sensitech’s SensiGuard Supply Chain Intelligence Center.
Opinion: A Future for Highway Funding
For decades, America’s roads and bridges were paid for by the users of transportation systems through modest fuel taxes. The system worked well for years, but as vehicles became more fuel efficient and cars that use little or no fuel at all became more prevalent, less revenue from this user fee flowed into the Highway Trust Fund. It's time to forge a new path forward.
Charleston Bridge Closure Stymies Freight, Passenger Traffic
An emergency interstate bridge closure in Charleston, S.C., has snarled passenger and freight traffic around the area, which is home to the state’s most prominent port.
FMCSA’s Ray Martinez Seeks Dialogue With Fleets, Drivers
MARCO ISLAND, Fla. — The head of the Federal Motor Carrier Safety Administration spotlighted key trucking issues — including hours-of-service rules, electronic logging devices and truck parking — during remarks here at an industry meeting, and stressed that he wants his agency to build a positive relationship with fleets and drivers.
Large-Truck Fatal Crashes up 3% in 2016, FMCSA Final Report Says
A new Federal Motor Carrier Safety Administration data drill-down report showed that the number of trucks involved in fatal crashes increased in 2016 by 3% from 2015, but said the “critical pre-crash event” for 73% of large trucks in fatal crashes was another vehicle, person, animal or object in the truck’s lane or encroaching into it.
Diesel Rises for 9th Straight Week, Up 3.8¢ to $3.277
The U.S. average retail price of diesel fuel rose 3.8 cents last week to $3.277 a gallon, making it the ninth straight week that the price of trucking’s main fuel has gone up, according to the weekly report from the U.S. Department of Energy’s Energy Information Administration on May 21.
US Puts ‘Trade War’ Against China on Hold, Mnuchin Says
The Trump administration won’t impose tariffs on Chinese products for now, after the two nations made progress on trade issues during two days of talks, Treasury Secretary Steven Mnuchin said.
Wi-Fi in the Road? Kansas City Start-Up Developing ‘Smart’ Pavement
Self-driving cars have captured the limelight when it comes to how you’ll get around in the future, but one Kansas City technology start-up is looking at the road itself.