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.
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.
Protesting Truckers Stop Traffic in South Florida
Traffic was stopped on Okeechobee Road near Miami on June 7 after protesting truckers blocked the road.
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, 2016CVSA 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.
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.
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, 2016Accuride 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, 2016Canadian 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, 2016Oil 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.
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.