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.

Business

Love’s Expands Along I-25, I-44 in Oklahoma, New Mexico

Love’s Travel Stops opened facilities in Oklahoma and New Mexico that, combined, add 121 truck parking spaces to interstates 44 and 25.

May 7, 2018
Business

NPTC Presents Awards for Leadership, Safety, Professional Certification

CINCINNATI — The National Private Truck Council recognized industry professionals for contributions to the organization and the private trucking industry at its Education Management Conference and Exhibition here April 30-May 2.

Daniel P. Bearth | Staff Writer
May 4, 2018
Business, Technology, Safety

SaferWatch Adds CarrierLists to Service Offerings

SaferWatch, a provider of motor carrier licensing, insurance and safety data, has agreed to partner with CarrierLists to supply information about carrier capacity and freight-hauling preferences of truck operators.

May 4, 2018
Business

Ceva Logistics Completes IPO, Shares Traded on SIX Swiss Exchange

Shares in Ceva Logistics began trading May 4 on the SIX Swiss Exchange in Zurich after a successful initial public offering of stock and the move by French ocean shipping line CMA CGM to acquire a 25% stake in the business.

May 4, 2018
Business

US Services Firms Grow in April at Slowest Pace This Year

U.S. services firms grew at a slower pace in April compared with the prior month as companies are reporting cost pressures from possible tariffs and a shortage of available workers.

Josh Boak | The Associated Press
May 4, 2018
Business, Fuel, Logistics

Oil, Sand Railcars Compete for Track Space in Permian Basin

Oil producers may be getting in their own way in the race to pump crude from the fertile Permian Basin.

Sheela Tobben | Bloomberg News
May 4, 2018
Government, Business

I-95 Corridor Coalition, Delaware DOT to Pilot Mileage-Based User Fee

The I-95 Corridor Coalition and the Delaware Department of Transportation announced May 1 that they are leading a pilot study to examine the feasibility of a mileage-based user fee, or MBUF.

Eleanor Lamb | Staff Reporter
May 4, 2018
Business

NTI Survey Reveals Incremental Rise in Number of Female Drivers

At the end of 2017, 7.9% of truck drivers were women, up from 7.1% at the beginning of the year, according to research conducted by the National Transportation Institute for the Women In Trucking Association.

May 4, 2018
Business, Equipment

Big Trailer Rentals of Texas Opens Quinlan Location

A trailer rental company believes there is a big future in the Lone Star State.

May 4, 2018
Business, Technology, Equipment, Autonomous, TCA

Toyota to Build Autonomous Vehicle Testing Site in Michigan

Toyota announced plans May 3 to build its own autonomous vehicle testing site within the Michigan Technical Resource Park, a privately operated automotive proving grounds.

Tyrel Linkhorn | The Blade (Toledo, Ohio)
May 4, 2018