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, Fuel

US Xpress Looks to the Future With Nikola Electric Trucks

Chattanooga, Tennessee’s biggest trucking carrier is going electric, at least with some of its fleet, in the next three to five years.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
December 7, 2016
Government, Business, Technology

ATA President Chris Spear: Autonomous Trucks Will Continue to Need Drivers

WASHINGTON — The rapid developments in autonomous trucks that several companies are embracing will continue to require drivers inside the vehicles, the trucking industry’s chief representative told lawmakers on Capitol Hill on Dec. 6.

Eugene Mulero | Senior Reporter
December 6, 2016
Business, Safety

AAA Report: Driving on Five Hours of Sleep as Dangerous as Driving Drunk

WASHINGTON — Drivers who skimp on just a couple of hours of sleep nearly double the risk of a crash, making drowsy driving about as dangerous as drunken driving, according to a report released Dec. 6.

Bart Jansen | USA TODAY
December 6, 2016
Business, Fuel

Oil Falls From 16-Month High as OPEC Production Keeps Rising

Oil retreated from a 16-month high after OPEC pumped a record amount of crude in November.

Mark Shenk | Bloomberg News
December 6, 2016
Government, Business, Logistics

NTSB Rules Crew Was Likely Asleep During Fatal Arkansas Freight Train Crash

WASHINGTON — A fatal collision of two Union Pacific freight trains in Arkansas resulted from a fatigued engineer and conductor who were both likely asleep aboard one of the trains, federal investigators ruled Dec. 6.    

Bart Jansen | USA TODAY
December 6, 2016
Business

Industry Advocate, Trucking Moves America Forward, Continues Image Work

Trucking Moves America Forward won a nomination for a public relations award and is expanding its offering of trailer wraps, the group’s officers said in a Dec. 6 press conference.

December 6, 2016
Business

Cammisa Brings Wealth of Experience to Safety, Connectivity Role at ATA

Michael Cammisa, a self-described “car guy” while growing up in Alexandria, Virginia, spent the past 16 years at the Association of Global Automakers, most recently as senior director of safety and connected vehicles.

David Elfin | Staff Reporter
December 6, 2016
Business

Joint AASHTO, AAPA Report Calls for More Investment in Freight Infrastructure

In commemoration of the first anniversary of the FAST Act becoming law, the American Association of State Highway and Transportation Officials and the American Association of Port Authorities released their State of Freight II report Dec. 6.

David Elfin | Staff Reporter
December 6, 2016
Business, Equipment

FlowBelow Announces Swift Transportation Deploying Thousands of AeroKit Units on Tractors

Truckload carrier Swift Transportation Co. will begin deploying thousands of FlowBelow Aero Inc.'s Tractor AeroKit systems in its fleet immediately, according to FlowBelow.

December 6, 2016
Business

Norfolk Southern Passes on Proposed Chicago Bypass Rail

Norfolk Southern railroad has reiterated to federal regulators that it will not use a railroad proposed by Great Lakes Basin Transportation as a bypass around Chicago's congestion.

Andrew Steele | The Times (Munster, Ind.)
December 6, 2016