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.

Special Coverage, Business

ATA Applauds Share the Road and America's Road Team Members

LAS VEGAS — American Trucking Associations honored America's Road Team and the Share the Road program members for their continued safe driving on the nation's highways and dedication to educating other drivers about how to do so the same.

Ari Ashe | Staff Reporter
October 3, 2016
Business

Mack Trucks, Pennsylvania Union Reach Tentative Three-Year Deal

Heavy-duty truck maker Mack Trucks, which is the largest employer in Lower Macungie Township, Pennsylvania, and the union representing its local workers reached a labor agreement the weekend of Oct. 1.

Jon Harris | The Morning Call (Allentown, Pa.)
October 3, 2016
Special Coverage, Business

EPA Presents SmartWay Excellence Awards to 43 Fleets

LAS VEGAS — The U.S. Environmental Protection Agency awarded 43 fleets with the SmartWay Excellence Awards for working together to cut carbon pollution at the Management Conference & Exhibition here on Oct. 3.

Ari Ashe | Staff Reporter
October 3, 2016
Special Coverage, Business

Iowa’s Brenda Neville Earns President’s TAEC Award

LAS VEGAS — Brenda Neville, president of the Iowa Motor Truck Association, received the 15th annual Trucking Association Executives Council Leadership Award from American Trucking Associations at the Management Conference & Exhibition on Oct. 3.

Ari Ashe | Staff Reporter
October 3, 2016
Business

Index Shows Spot Rates Continued to Exceed Contract Rates

An index that compares pricing methods for truckload freight continued to show that spot rates continued to exceed contract rates, signaling an expected favorable improvement for carriers.

October 3, 2016
Business

Why You Should Stop Worrying About 'Peak Trade'

The Brexit vote, the rise of Donald Trump, and shifting economic sands have fed fears that protectionist sentiment will intensify the five-year slowdown in worldwide trade.

Sid Verma | Bloomberg News
October 3, 2016
Business, Equipment

Equipment Leasing and Finance Activity Rises in August

The Equipment Leasing and Finance Association reported a 12% year-over-year improvement and a 10% sequential increase in new business volume in its index designed to reflect a cross-section of industry activity.

October 3, 2016
Business, Technology

Robots Could Replace 1.7 Million American Truckers in the Next Decade

LOS ANGELES — Trucking paid for Scott Spindola to take a road trip down the coast of Spain, climb halfway up Machu Picchu and sample a Costa Rican beach for two weeks.

Natalie Kitroeff | Los Angeles Times
October 3, 2016
Business

Truck Bodies & Equipment International Acquires Travis Body & Trailer

Truck Bodies & Equipment International, which sells trailers for grain, construction and other uses, has acquired Travis Body & Trailer to add product options for the waste and construction markets, said a statement from GenNx360 Capital Partners, which owns the buyer.

October 3, 2016
Business

Pegasus TransTech Unveils Fleet-Management Tool

Pegasus TransTech unveiled Transflo Telematics, which is designed to provide enhanced fleet-management and electronic logging device and related functions.

October 3, 2016