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, Business, Technology

House Transportation Panel Hosts Autonomous Roundtable on Dec. 6

Trucking industry executives and stakeholders will have the chance to share insight and perspective with House lawmakers on Dec. 6 when they meet for a roundtable discussion about policy for autonomous vehicles in the coming years.

December 1, 2016
Business, Equipment

Cooper Tire Completes Purchase of Major Stake in Chinese Rubber Company

Cooper Tire & Rubber Co. completed its purchase of a 65% interest in China-based Qingdao Ge Rui Da Rubber Co., Ltd. under terms that were previously announced, the company said.

December 1, 2016
Business

Chevron Rolls Out New Heavy-Duty Engine Oils

Chevron Products Co. is rolling out its new line of Delo 400 API CK-4 and FA-4 heavy-duty engine oils developed to provide better wear protection, piston deposit control and oxidation control compared with the prior generation of heavy-duty engine oils.

December 1, 2016
Business

Manufacturing Expands at Best Pace in Five Months

Manufacturing expanded in November at the fastest pace in five months, indicating American producers are finding more relief in resilient domestic demand.

Michelle Jamrisko | Bloomberg News
December 1, 2016
Business

Jobless Claims Increase to Highest Level Since June

The most Americans since June filed for U.S. unemployment benefits last week, indicating a possible pause in progress in the labor market.

Patricia Laya | Bloomberg News
December 1, 2016
Government, Business, Logistics

Petro-Canada Offers Online Information Hub for New CK-4 and FA-4 Oils

Petro-Canada Lubricants has a new API CK-4 and FA-4 information hub that offers a comprehensive online guide to the new heavy duty diesel engine oil categories for their first official license date of December 1, the company said.

December 1, 2016
Business

Old Dominion Upgrades Service Centers in South, Midwest

Old Dominion Freight Line Inc. has renovated service centers in Oklahoma City; Shreveport, Louisiana; and Parsons, Kansas, to strengthen its 226-site network.

November 30, 2016
Government, Business

Arkansas Aims to Lessen Wait for CDL Exams

Arkansas truck driving students have had a problem. There were too many of them ready to take the state’s skills test to earn their commercial driving licenses for the number of examiners or exam slots available.

David Elfin | Staff Reporter
November 30, 2016
Government, Business

Fed Says US Economy Continued to Expand Across Most Regions

The U.S. economy continued to expand from early October through mid-November with little inflation as retail sales, real estate markets and business service firms saw rising activity, a Federal Reserve survey showed.

Craig Torres | Bloomberg News
November 30, 2016
Business

Rush Enterprises Announces $40 Million Stock Repurchase

Truck dealership Rush Enterprises Inc. will repurchase up to $40 million of its shares of Class A common stock, at $.01 par value per share, and/or Class B common stock, at $.01 par value per share, the company said Nov. 30.

November 30, 2016