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, TCA

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.

Tom Lisi | Herald & Review (Decatur, Ill.)
May 22, 2018
Business, Safety

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, 2018
Government, Business, Safety

Cargo 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.

Burney Simpson | Staff Reporter
May 22, 2018
Government, Business, Technology, Perspective

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.

Ed Rendell and Ray LaHood | Co-Chairs, Building America’s Future
May 22, 2018
Government, Business, Safety

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.

Eleanor Lamb | Staff Reporter
May 22, 2018
Government, Business, Technology

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.

Roger Gilroy | Senior Reporter
May 21, 2018
Government, Business

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.

Eric Miller | Senior Reporter
May 21, 2018
Business, Fuel

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.

Burney Simpson | Staff Reporter
May 21, 2018
Government, Business, Logistics

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.

May 21, 2018
Business, Technology, Equipment, Safety, Logistics, TCA

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.

Robert A. Cronkleton | The Kansas City Star
May 21, 2018