Business
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.
New $1 Billion, 213-Mile Interstate Planned to Connect Norfolk and Raleigh
A new $1 billion interstate highway planned to connect Norfolk, Virginia, and Raleigh, North Carolina, will open a high-speed unobstructed route between a Virginia port and the Research Triangle.
Federal Grants Awarded to Help Reduce Trucking Border Congestion
Transportation agencies in New York, Michigan and Washington on June 3 received federal grants to improve the way they issue traffic alerts to truckers crossing the Canadian border.
June 10, 2016Joseph Dagnese, Former Con-way Freight CEO, Takes Post at PECO Pallet
Former Con-way Freight CEO Joseph Dagnese has been named to head PECO Pallet, which rents and manages cargo pallets.
June 10, 2016New Report Shows Widening Gap Between Spot, Contract Prices
A new report based on a comparison of spot and contract rates for truckload carriers continues to show an ever-widening gap between prices for one-time and long-term freight shipments.
June 10, 2016Canada Targets US Truck Washes in Fight Against Killer Pig Virus
Canadian farm groups are blasting U.S. truck washes for being too dirty to prevent the spread of a virus that has killed millions of piglets in recent years, exposing a dispute over the effectiveness of such facilities in North American agriculture.
Some Hedge Funds Are Betting Oil Will Surge Above $100
Oil investors are buying contracts that will only pay out if crude rises well above $100 a barrel over the next four years — a clear sign some believe today’s bust is sowing the seeds of the next boom.
Bridgestone Adds Interstate Batteries to Speedco’s Offerings
Bridgestone Americas Inc. has launched battery services nationwide at subsidiary Speedco, which provides on-highway preventive maintenance and tire service for the commercial trucking industry.
June 10, 2016ATA's Bill Graves on Challenges Ahead for His Successor
As his tenure as president and CEO of American Trucking Associations begins to wind down, Bill Graves met with Transport Topics staffers to reflect on his 14 years as head of the association. The complete interview is coming June 13; watch a video clip now.
June 9, 2016OSHA Orders NFI to Reinstate Fired Driver Who Wouldn't Violate HOS
The Occupational Safety and Health Administration has ordered NFI Interactive Logistics to reinstate a truck driver who was fired for refusing to violate his hours of service. The New Jersey company also was ordered to pay the driver $276,000 in back wages and damages.
Port of Vancouver's Rail Speeds Err on Side of Safety
Hundreds of things could go wrong with the thousands of locomotives pulling millions of tons of cargo across the country every day. So the Port of Vancouver maintains its 38 miles of track at a higher-than-needed level to keep accidents to a minimum.