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

Graves Looks Back on ATA Tenure (with video)

Trucking will continue to face familiar infrastructure funding battles as opportunity increasingly beckons for the industry to capitalize on dramatic technological advancements, said Bill Graves. And he should know.

June 13, 2016
Business

Graves: ATA Is Evolving With Changing Industry

As American Trucking Associations President Bill Graves moves closer to retirement at the year’s end, he believes the federation is “doing fine” as its leadership evaluates how to adjust its focus to serve a fast-changing industry.

June 13, 2016
Editorial, Business, Autonomous

Editorial: What Goes Up . . .

In many ways, this should not be a surprise: After several years of scorching new-truck sales, the market is rapidly cooling.

June 13, 2016
Perspective, Business, Government, Safety

Opinion: Safety Is About Big Understanding, Not Big Data

Many years ago, when I was new to transportation safety, our team crafted five tenets for safety success:

June 13, 2016
Business

First Profit for Navistar Since 2012

Truck and engine manufacturer Navistar International Corp. reported its first profit since the fiscal third quarter of 2012.

Roger Gilroy | Senior Reporter
June 13, 2016
Government, Business

ATA's Bob Costello: Economy to Stay Weak

Trucking should expect a generally weak economy in 2016, though the long-standing inventory glut should ease in a few months to make the freight market feel better than today’s uninspiring conditions, American Trucking Associations Chief Economist Bob Costello said.

Rip Watson | Special to Transport Topics
June 13, 2016
Business

Companies Report ‘Conflict Minerals’ Progress

Several publicly traded truck makers and industry suppliers have told federal regulators they are making progress uncovering “conflict minerals” from central Africa that might be used in their complex supply chains.

Eric Miller | Senior Reporter
June 13, 2016
Business

May Truck Orders Plunge 30%; OEMs Plan Additional Cutbacks

Class 8 truck orders in May plunged 30% year-over-year, two research firms said, underscoring two truck manufacturers’ recently announced plans to trim production for the second time this year.

Roger Gilroy | Senior Reporter
June 13, 2016
Business

Tires Are Special Focus at 2016 Roadcheck, But Air Lines, Leak Ruin One Trucker’s Day

WEST FRIENDSHIP, Md. — Jose Andrade has had better days than the one he had June 7. The driver for Dairy Maid Dairy of Frederick, Maryland, was behind the wheel of a truck that was pulled over and inspected as part of the Commercial Vehicle Safety Alliance’s 29th annual International Roadcheck.

David Elfin | Staff Reporter
June 13, 2016
Government, Business

Relief Plan Offered for R.I. In-State Commercial Truck Owners

PROVIDENCE, R.I. — A legislative session that began in winter with Governor Gina Raimondo's push for controversial new truck tolls is nearing an end with a $6 million relief package for in-state commercial truck owners.

Katherine Gregg | The Providence Journal
June 12, 2016