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

Coal's Hard Slide Felt at Port in Hampton Roads

Coal exports from the port in Hampton Roads continued to tank in the first six months of 2016, following a portwide, year-over-year drop of about 35% in 2015.

Robert McCabe | The (Norfolk) Virginian-Pilot
July 12, 2016
Government, Business

Pennsylvania Transportation Planners Told to Embrace Technology, Changes

Regional planners should be flexible, innovative and adaptive as they develop transportation recommendations for the future.

Ed Blazina | Pittsburgh Post-Gazette
July 12, 2016
Business

Teams Gather in Tennessee to Solve the World’s Logistics Problems

For the next 12 weeks, 10 carefully-selected teams will try to solve the world's transportation and logistics problems from the second floor of the Loveman's Building in downtown Chattanooga, Tennessee.

Alex Green | Chattanooga (Tenn.) Times Free Press
July 12, 2016
Business, Equipment

Net Income, Revenue Slip at Alcoa, Company Reports

Commercial vehicle wheel suppler Alcoa Inc. reported second-quarter 2016 net income slid about 4% to $135 million, or 9 cents per share, compared with net income of $140 million, or 10 cents per share, a year earlier.

July 12, 2016
Government, Business, Technology

Capitol Agenda for the Week of July 12: Summer Bummer

Here's the week ahead for trucking on Capitol Hill, the last week before Congress takes its summer recess. 

Eugene Mulero | Senior Reporter
July 12, 2016
Business, Fuel

Diesel Drops Again, Down 0.9¢ to $2.414

The U.S. average diesel retail price slipped 0.9 cent to $2.414, the Department of Energy reported, as high domestic inventories and international output depressed crude oil prices.

July 11, 2016
Government, Business

NHTSA Warns Drivers Not to Play Pokemon Go and Drive

The National Highway Traffic Safety Administration warned drivers July 8 not to play the megahit augmented reality game Pokemon Go while driving.

July 11, 2016
Government, Business, Safety

Stakeholders Urge Tax Committee to Act on Highway Trust Fund Fix

Tax-writing policymakers in Congress should ensure that any reform package they consider incorporates a permanent fix for the Highway Trust Fund, the Transportation Construction Coalition said July 7.

Eugene Mulero | Senior Reporter
July 11, 2016
Business

New ATA President Spear Announces Management Changes

New American Trucking Associations President Chris Spear announced July 8 that the federation had parted ways with executive vice presidents Karla Hulett, Jeff Mason and Dave Osiecki.

Neil Abt | Editorial Director
July 11, 2016
Business

Driver Automation to Be Scrutinized in NTSB Probe of Tesla Crash

For years, U.S. investigators have been calling for more automation on motor vehicles, such as sensors that slam on the brakes to prevent a crash.

July 11, 2016