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, Safety, Autonomous

ATA Enhances MC&E Schedule

American Trucking Associations announced Aug. 24 several additions to its annual Management Conference & Exhibition taking place Oct. 1-4 in Las Vegas.

August 24, 2016
Business

Navistar Recalls 3,952 ProStar Trucks

Navistar International Corp. is recalling 3,952 ProStar trucks from model years 2014 to 2017 for a defect affecting power to the cab. The medium- and heavy-duty trucks were manufactured between June 11, 2013, and May 19, 2016.

August 24, 2016
Business, Technology

Hyperloop Technology to Be Studied for Freight Transportation

The transportation startup Hyperloop will study its electric propulsion tube system technology for moving freight at ports.

August 24, 2016
Government, Business

Traffic Deaths on the Rise as Distracted Drivers Roam the Roads

After years of tougher drunken-driving laws and a massive awareness campaign, the public's attitude about intoxicated motoring shifted and traffic fatalities decreased.

Robert McCoppin | Chicago Tribune
August 24, 2016
Business, Fuel

Oil Extends Decline After Unexpected US Crude Stockpile Gain

Oil extended its decline after a government report showed that U.S. crude stockpiles unexpectedly rose last week.

Mark Shenk | Bloomberg News
August 24, 2016
Government, Business

California’s Bridges Need Upgrade, Says New Report

A quarter of the bridges in California require significant maintenance or upgrades, a nonprofit transportation group noted in a report this month.

August 24, 2016
Business

Existing Home Sales Drop for First Time Since February

Sales of previously owned homes dropped more than forecast in July from a nine-year high, restrained by limited choices for buyers, National Association of Realtors data showed Aug. 24.

Michelle Jamrisko | Bloomberg News
August 24, 2016
Government, Safety, Business

FMCSA Medical Review Board Issues Sleep Apnea Guidelines

The Federal Motor Carrier Safety Administration’s top medical advisers have recommended a slate of sleep apnea guidelines that would require truck drivers to take costly diagnostic sleep studies if they have a body mass index of 40 or higher, have experienced excessive fatigue or sleepiness while driving, or have been in a sleep-related crash.

Eric Miller | Senior Reporter
August 24, 2016
Business

Southern California Terminal Operators Drop Chassis Fee Plan

Southern California marine terminals have dropped a plan to charge chassis lessors $5 per unit traveling through cargo facilities in the face of opposition from the businesses that provide the majority of chassis equipment to move truck freight in the region.

August 23, 2016
Business

Truck Tonnage Posts 0.3% Year-Over-Year Gain, Smallest in 2016

Truck tonnage in July continued to reflect a struggling freight environment, posting a 0.3% year-over-year gain that was the smallest this year, and declining 2.1% from June, American Trucking Associations reported.

August 23, 2016