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

Ted Scott, ATA Director of Engineering, Dies at 71

Ted Scott, director of engineering for American Trucking Associations and a former director of government relations for less-than-truckload carriers Roadway Express and YRC Worldwide, died Jan. 10 after a brief battle with pancreatic cancer. He was 71.

Daniel P. Bearth | Staff Writer
January 17, 2017
Business, Fuel

Diesel Price Reverses, Declines 1.2¢ to $2.585

The U.S. average retail price of diesel fell 1.2 cents to $2.585 a gallon, while oil prices hovered near $52 a barrel and the glut in crude inventories continued, even with cuts in production.

January 17, 2017
Business, Logistics

Railroad Profit Rebound Plays Catch-Up to Yearlong Stock Surge

With U.S. railroads forecast to report their first earnings growth since 2015, a stock rally that began in anticipation of the profit rebound is looking overdone.

January 17, 2017
Business

Driver Cameras Keeping Some Trucking Companies Out of Court

Ten years ago, if an 18-wheeler was involved in an accident, the trucking company could end up paying, even if the truck driver was not at fault.

Joe Sylvester | The Daily Item (Sunbury, Pa.)
January 17, 2017
Business, Technology, Autonomous

Fee-Based Smart Lanes Will End Traffic, Lyft Co-Founder Says

Lyft president and co-founder John Zimmer suggests adopting a system of smart lanes that incentivize drivers to travel in groups.

Marco della Cava | USA Today
January 17, 2017
Government, Business, Technology

Capitol Agenda for the Week of Jan. 17: Capital Infrastructure Forecast

What will a new president and new Congress mean for metropolitan Washington, D.C.'s efforts to upgrade its infrastructure? Mike Sakata of the Metropolitan Washington Road & Transportation Builders Association offers insight in this week's Capitol Agenda, which also looks at a revived effort to allow twin 33s on federal highways.

Eugene Mulero | Senior Reporter
January 17, 2017
Business

DBi Services Acquires TME Enterprises to Expand Infrastructure Maintenance Operations

DBi Services announced its second acquisition in the past two months as the Hazleton, Pennsylvania-based company continues to build its position as a leading provider of roadway maintenance and infrastructure operations and facility management services.

Daniel P. Bearth | Staff Writer
January 17, 2017
Business

Penske to Outfit 2,000 Rental Tractors with Collision Avoidance Systems, Air Disc Brakes

Penske Truck Rental announced it is making collision avoidance systems and air disc brakes its standard specifications on commercial tractors within its rental fleet beginning in February.

January 17, 2017
Business

Mack Tests Clean-Burning Truck in New York City

Mack Trucks may be known as a rugged and tough brand — but that doesn't mean its heavy-duty vehicles can't be a little cleaner.

Jon Harris | The Morning Call (Allentown, Pa.)
January 17, 2017
Government, Business

Indiana Lawmaker Aims to Raise Speed Limit for Trucks

An Indiana lawmaker is trying to eliminate the lower speed limit for trucks on interstate highways.

Javonte Anderson | Post-Tribune (Merrillville, Ind.)
January 17, 2017