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, Logistics

Hanjin Could Have Survived With Creditors’ Aid, Chairman Cho Yang-ho Says

Hanjin Shipping Co., the South Korean container line whose filing for bankruptcy protection roiled the global supply chain, could have survived if creditors had provided the company with aid, Group Chairman Cho Yang-ho said.

Kyunghee Park | Bloomberg News
October 4, 2016
Business

UPS Adds Hydraulic Hybrids to Alternative-Fuel Vehicle Fleet

UPS Inc. has assigned 50 hydraulic hybrid trucks to delivery routes in the Chicago area as the largest package delivery company continues to deploy alternative-fuel vehicles.

October 4, 2016
Government, Business

California Rail Transit Authority Blocks Tanker Deliveries

The Sonoma-Marin Area Rail Transit Authority, or SMART, prevented a North Coast freight operator from delivering a dozen more railcars filled with an estimated 396,000 gallons of flammable gas to a storage site south of Sonoma, escalating tensions between the rail agencies.

Derek Moore | The Press Democrat (Santa Rosa, Calif.)
October 4, 2016
Special Coverage, Business

Pollsters Think Presidential Race Too Close to Call

LAS VEGAS — You might be wondering who the experienced pollsters think is going to be our next president. But even with the election just a month away, top pollsters such as Peter Hart and Neil Newhouse are reluctant to pick the winner.

Eric Miller | Senior Reporter
October 4, 2016
Special Coverage, Business

Andrew Card on Picking a President: 'Who Will Respond to the Whisper in the Ear?'

LAS VEGAS — Former White House Chief of Staff Andrew Card took a group of trucking executives back to school Oct. 3 for a crash course on the U.S. Constitution and the role of the president.

Eric Miller | Senior Reporter
October 4, 2016
Special Coverage, Business

Freightliner, The Rolling Stones Get Truckers Rocking

LAS VEGAS — The Rolling Stones played a blistering 90-minute surprise set on Oct. 3 for 1,200 truckers at the 2016 Freightliner customer appreciation dinner here.

Neil Abt | Editorial Director
October 4, 2016
Special Coverage, Government, Business

Darling Says Final Rule is Near for Driver Training, Drug and Alcohol Clearinghouse

LAS VEGAS — A final rule for minimum entry-level driver training requirements and a drug-and-alcohol clearinghouse final rule are being reviewed by the Office of Management and Budget and are expected to be published in the Federal Register by the end of the year, the head of the Federal Motor Carrier Safety Administration said in a speech here.

Eric Miller | Senior Reporter
October 4, 2016
Special Coverage, Business

DTNA Backs US GHG Rule, Connected Vehicles

LAS VEGAS — Daimler Trucks North America supports the federal Phase 2 greenhouse-gas rule for trucks and almost certainly will not challenge it in court.

Jonathan S. Reiskin | Associate News Editor
October 3, 2016
Special Coverage, Business

Iowa Motor Truck Association Wins Mike Russell Image Award

LAS VEGAS — The Iowa Motor Truck Association captured the Mike Russell Trucking Image Award from American Trucking Associations on Oct. 3 at the annual Management Conference & Exhibition here.

Ari Ashe | Staff Reporter
October 3, 2016
Fuel, Business, Government

Price of Diesel Fuel Rises 0.7¢ to $2.389

The U.S. retail diesel average price rose 0.7 cent to $2.389 a gallon Oct. 3 and follows a decline of the same amount the previous week, the Department of Energy reported.

October 3, 2016