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, Fuel, Business

Red States Alaska, Oklahoma Seriously Mulling Fuel-Tax Hikes

Oklahoma and Alaska are about as red as states can be. Oklahoma has only elected Republicans to the Senate going back to 1994. Republican Don Young has been Alaska’s only congressman since 1973. However, both states are considering raising fuel-tax rates for the first time since the 1980s.

David Elfin | Staff Reporter
February 14, 2017
Business

Trucking Groups Partner to Strengthen Maintenance Supervisor Certification

The Technology & Maintenance Council of American Trucking Associations has teamed with the North American Transportation Management Institute to strengthen and increase the visibility of the certifications for director and supervisor of maintenance equipment.

February 14, 2017
Business

Cardinal to Expand Truck Scale Plant

An expansion of the plant at Cardinal Scale Manufacturing Co. is on schedule, a company official said.

Jordan Larimore | The Joplin (Mo.) Globe
February 14, 2017
Business, Autonomous, Government, Logistics

Werner Nixes Driving School in Pennsylvania After Local Outcry

Plans for a trucking facility in Palmer Township, Pennsylvania, no longer include a school for new drivers.

Michelle Merlin | The Morning Call (Allentown, Pa.)
February 14, 2017
Business

US Wholesale Prices Climb by Most Since September 2012

U.S. wholesale prices jumped in January by the most since September 2012, led by higher costs of gasoline and indicating inflation is beginning to stir.

Sho Chandra | Bloomberg News
February 14, 2017
Business

Toyo Tire Adds Two Sizes to Commercial Tire Line

Toyo Tire U.S.A. Corp. announced a size expansion for two of its commercial tire products, the M920 drive tire and the M149 Super Single.

February 14, 2017
Business

Dana Agrees to Buy Assets From U.S. Manufacturing Corp.

Dana Inc. announced a definitive agreement to purchase axle housing and driveline shaft manufacturing operations from U.S. Manufacturing Corp.

February 14, 2017
Business, Government

Stay Metrics Upgrades Turnover Model

Stay Metrics announced the next generation of its predictive driver turnover model.

February 14, 2017
Government, Business, Technology

Capitol Agenda for the Week of Feb. 13: Keep It Moving

Two congressional hearings this month called into question the potential benefits of private capital in advancing infrastructure projects. Here's the week ahead for trucking on Capitol Hill.

Eugene Mulero | Senior Reporter
February 14, 2017
Business, Fuel

Diesel Rises 0.7¢ to $2.565

The U.S. average retail price of diesel rose 0.7 cent to $2.565 a gallon as crude oil prices remained near $53 a barrel and OPEC made production cuts while U.S. output continued to rise, analysts said.

February 13, 2017