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, Fuel

Oil Climbs to 10-Month High as US Crude Stockpiles Decline

Oil rose to the highest level in more than 10 months in New York as government data showed U.S. crude supplies declined, reducing a glut.

Mark Shenk | Bloomberg News
June 8, 2016
Business

Protesting Truckers Stop Traffic in South Florida

Traffic was stopped on Okeechobee Road near Miami on June 7 after protesting truckers blocked the road.

Emily Cochrane | Miami Herald
June 8, 2016
Government, Business

Nearly 600 Applications Submitted for TIGER Grants

The way the U.S. Department of Transportation puts it, communities of all sizes are seeking federal grant money to expand large-scale infrastructure projects of regional significance.

June 7, 2016
Business

CVSA International Roadcheck Gets Underway

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

David Elfin | Staff Reporter
June 7, 2016
Business

In New York, Teamsters Protest Possible Pension Cuts

A group of retired Teamsters demonstrated in front of the Leo W. O'Brien federal building in Albany, New York, on June 6 to protest pending threats to their pensions and to highlight the need for Congress to take action.

Rick Karlin | Times Union (Albany, N.Y.)
June 7, 2016
Business

Navistar Reports First Profit in Three Years

Navistar International Corp., the parent company of the International truck brand, said it turned its first profit in three years as second quarter 2016 net income reached $4 million, or five cents per diluted share.

June 7, 2016
Business, Equipment

Accuride Launches Video Series Covering Wheels, Brakes

Commercial vehicle supplier Accuride Corp. announced June 7 that it had launched a new series of how-to videos to help fleet maintenance technicians properly install and service its steel and aluminum wheels and Gunite-brand brake drums and automatic slack adjusters.

June 7, 2016
Business, Logistics

Canadian National Rail CEO Claude Mongeau Resigns

Canadian National Railway Co. CEO Claude Mongeau is stepping down after 22 years at the carrier, saying throat surgery last year has left him unable to continue in the job.

June 7, 2016
Business, Fuel

Oil Rises From 10-Month High as US Stockpiles Seen Declining

Oil advanced from the highest close in more than 10 months before U.S. government data forecast to show crude stockpiles dropped for a third week, trimming a glut.

Grant Smith | Bloomberg News
June 7, 2016
Government, Business, Equipment

Trucking Lobbyist Mike Riley — Still Laughing, Not Quite Retired

One of the most colorful characters at the Connecticut state Capitol for more than 20 years has been Mike Riley, the chief lobbyist for the state's trucking association.

Christopher Keating | The Hartford (Conn.) Courant
June 7, 2016