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.
2018 Missouri TDC
Photos from the 2018 Missouri Truck Driving Championships, held June 1-2 in Branson.
May 15, 2018Medium-Duty Sales in April Climb Slightly
U.S. retail sales of medium-duty trucks in April neared 19,000, rising slightly higher than a year earlier, WardsAuto.com reported.
Total S.A. Agrees to Buy Major Stake in Clean Energy
Clean Energy Fuels Corp. announced that French oil and gas company Total S.A. has become its largest stockholder and will underwrite a leasing program meant to accelerate the use of natural gas fuel in North American heavy-duty trucks.
Diesel Leaps 6.8¢ to $3.239 a Gallon; California Nears $4
The U.S. average retail price of diesel fuel surged 6.8 cents to $3.239 a gallon, the eighth straight week that trucking’s main fuel has gone up in price, according to the weekly report from the U.S. Department of Energy’s Energy Information Administration on May 14.
Transportation Secretary Elaine Chao Keeps All Options Open for Funding Infrastructure
The Trump administration still is sifting through a slew of financing mechanisms, from a vehicle miles traveled fee to a fuel tax, to bolster infrastructure funding, according to Transportation Secretary Elaine Chao, who delivered keynote remarks May 14 to kick off Infrastructure Week.
Road Travel Projected to Rise 4.7% for Memorial Day Weekend
The highest gasoline prices since 2014 won’t stop 37 million Americans from clogging up the nation’s motorways next week as summer kicks off with Memorial Day weekend.
Teamsters, Philadelphia Coke Distributor Agree to New 5-Year Contract
The 600 members of Teamsters Local 830 agreed May 12 to a new five-year contract with Liberty Coca-Cola Beverages, ending the threat of a strike, the company said.
Mack Trucks Wins Appeal of $6 Million Asbestos Verdict
Mack Trucks Inc. and Ford Motor Co. won a new trial in an asbestos exposure suit after Maryland’s top court threw out a Baltimore man’s $6 million jury award.
How a ‘Crisis Level’ Truck Driver Shortage Could Impact Your Shopping Habits
Trucking drives America’s economy, but a shortage of truck drivers is putting the future of the country’s economy in peril.
Mississippi State Truck Driving Championships
Photo coverage of winners and scenes from the 2018 Mississippi Truck Driving Championships on April 27-28 in Gulfport, Miss.
May 14, 2018