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, Technology

Senators Endorse Safety Potential of Autonomous Driving Technology

The advancement of autonomous trucks and cars would dramatically improve safety and reduce congestion along key freight corridors nationwide, the transportation funding leaders in the Senate said Nov. 16.

Eugene Mulero | Senior Reporter
November 21, 2016
Business

October Spot Market Index Rises 1.8%; Rates Rebounding, Analysts Say

October was the second-strongest month for spot-market trucking this year, behind the June peak, load board DAT Solutions reported, and industry analysts say that prices have bottomed out and the trajectory will continue upward.

Ari Ashe | Staff Reporter
November 21, 2016
Business, Fuel

Diesel Drops 2.7¢ to $2.443; Gasoline Falls 4.9¢ to $2.184

The U.S. average retail price of diesel fell 2.7 cents a gallon to $2.443, according to the Nov. 14 survey by the Department of Energy, while crude oil prices continued their slide since the presidential election.

Roger Gilroy | Senior Reporter
November 21, 2016
Business, Safety, Government

Voters OK $203 Billion for Transportation; Major Turnover Coming in State Capitols

The upset in the presidential election was understandably the biggest news Nov. 8, but plenty of change also is coming for the leadership of transportation legislative committees in the 50 states.

David Elfin | Staff Reporter
November 21, 2016
Technology, Business

Dollars and Data

Today’s financial reporting software is allowing carriers to go well beyond simply tracking accounts payable and accounts receivable.

Mindy Long | Special to Transport Topics
November 18, 2016
Technology, Business

Streamlining Tolls & Weigh Stations

Tolls and weigh stations add to the time and expense of moving freight, but technology-enabled services are helping fleets streamline these costs of doing business in trucking.

Evan Lockridge | Special to Transport Topics
November 18, 2016
Technology, Business, Equipment

Targeting Tire Pressure

Many fleets are using technology that monitors tire pressure or automatically adds air as a way to improve fuel efficiency, extend tire life and prevent expensive roadside service calls, but these systems also could play an important role in the industry’s efforts to curb emissions in the years ahead.

Bruce Lilly | Special to Transport Topics
November 18, 2016
Business

Great Dane Announces New California Dealership Facility

Trailer manufacturer Great Dane announced Central Valley Trailer Repair, one of its service centers, opened a 60,000-square-foot facility in Fresno, California.

November 18, 2016
Government, Business

Louisiana Transportation Chief Says Taxpayers Face 'Sticker Shock' on Road and Bridge Needs

Louisiana's transportation chief said Nov. 17 that taxpayers will experience "sticker shock" when they see how much money is needed to improve roads and bridges, possibly about $700 million per year.

Will Sentell | The Advocate (Baton Rouge, La.)
November 18, 2016
Technology, Business

‘Coopetition’ Continues in Truck Tech Sector

The trucking industry’s technology sector has long been characterized by a galaxy of partnerships and integrations connecting various vendors’ systems. Through these integrations, fleets have been able to assemble the technology components of their choice to build an enterprise system tailored to their operations.

Seth Clevenger | Managing Editor, Features and Multimedia
November 17, 2016