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

McLeod CEO Sees Opportunities in ‘Uncertain Times’

SAN ANTONIO — Upcoming regulations, the presidential election, a softer freight market and supply-chain disruptions are all contributing to “uncertain times” for the trucking industry, but those challenges also present opportunities for fleets who prepare better than their competitors, McLeod Software’s CEO said.

Seth Clevenger | Managing Editor, Features and Multimedia
September 20, 2016
Business, Logistics

Forward Air Lowers Third-Quarter Projection, Blaming Tough LTL Market

Forward Air Corp. lowered its third-quarter earnings projections, no longer confident that it’ll generate more revenue than the same period in 2015, the company announced on Sept. 20.

Ari Ashe | Staff Reporter
September 20, 2016
Business

Former ATA Chairman Duane Acklie Dies at 84

Duane Acklie, an attorney and banker who built one of the nation’s largest truckload carriers and served as chairman of American Trucking Associations in 2000 and 2001, died at 84 on Sept. 17 in Lincoln, Nebraska.

September 20, 2016
Business

Housing Starts Declined in August on Plunge in South

New U.S. home construction fell more than projected in August as a plunge in the South, the biggest region for building, more than offset gains in the rest of the country.

Sho Chandra | Bloomberg News
September 20, 2016
Government, Business, Autonomous

Self-Driving Cars Must Meet 15 Benchmarks in US Guidance

The Obama administration’s proposed guidelines for self-driving cars, to be formally unveiled Sept. 20, include 15 benchmarks automakers will need to meet before their autonomous vehicles can hit the road.

Jeff Plungis | Bloomberg News
September 20, 2016
Business

Weak Trade Is the ‘New Normal’ in Post-Crisis World, ECB Says

Trade is likely to remain weak in the coming years, according to a report by the European Central Bank.

Carolynn Look | Bloomberg News
September 20, 2016
Business

Watch Live: Daimler Press Conference From IAA

The IAA Commercial Vehicles Show kicks off in Hanover, Germany, on Sept. 20, with Daimler set to stream its announcement live at 2:15 p.m. EDT.

September 20, 2016
Business, Technology

LiveOnWeb: T. Boone Pickens, Fred Smith Talk Natural Gas Advancements

Significant advancements have been made in recent years that have made natural gas a dominant alternative transportation fuel for America’s fleets. We talk about those advancements in a special LiveOnWeb featuring some of the biggest names in business, including billionaire investor T. Boone Pickens and FedEx Chairman Fred Smith. Watch now.

September 20, 2016
Business, Logistics

Experts Paint Grim Picture for Intermodal Growth

HOUSTON — Intermodal businesses that have become accustomed to steady long-term growth are facing the prospect of tougher times ahead in the form of a likely recession and changing freight patterns, three industry experts said Sept. 19.

Rip Watson | Special to Transport Topics
September 19, 2016
Business, Fuel

Diesel Average Falls 1¢ to $2.389

The U.S. diesel average price fell 1 cent to $2.389 per gallon, according to a Department of Energy survey of fueling stations released Sept. 19.

September 19, 2016