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

Amazon to Launch New Private-Label Brands, Report Says

Amazon is expanding its horizons by launching several new private-label brands in coming weeks, according to a report in the Wall Street Journal.

Shan Li | Los Angeles Times
May 16, 2016
Government, Business

National League of Cities Says New Federalism Is Emerging

WASHINGTON — Coinciding with Infrastructure Week, the National League of Cities released a report saying while cities are increasingly on their own to cover infrastructure costs, they have limited authority to create funding tools.

David Elfin | Staff Reporter
May 16, 2016
Government, Business

‘Everything’s on the Table’ to Fund Infrastructure, Says Rep. Sam Graves

WASHINGTON — The chairman of the surface transportation subcommittee in the House said Congress will need to consider ways other than raising taxes on fuel to fund infrastructure projects.

Eugene Mulero | Senior Reporter
May 16, 2016
Government, Business

Panel Endorses More P3 Infrastructure Investment

WASHINGTON — An Infrastructure Week panel at the Bipartisan Policy Center on May 16 advocated for public-private partnerships to fill about half of the nation’s infrastructure funding gap that will top $1 trillion by 2025.

David Elfin | Staff Reporter
May 16, 2016
Business, Fuel

Diesel Rises 2.6¢ to $2.297; Price Is Highest for 2016

The U.S. retail diesel average rose 2.6 cents to $2.297 the highest price this year, the Department of Energy said May 16.

May 16, 2016
Government, Business, Equipment, Safety

FedEx Freight CEO Calls on Congress to Allow Twin 33-Foot Trailers

WASHINGTON — Speaking at an Infrastructure Week kickoff event, FedEx Freight CEO Michael Ducker called on Congress to authorize the use of twin 33-foot trailers as a “creative solution” to help the nation’s declining condition of roads and bridges.

Eric Miller | Senior Reporter
May 16, 2016
Business, Equipment

Accuride Wins DTNA Contract for Flywheels

Commercial vehicle component supplier Accuride Corp. said its Brillion Iron Works business unit won a long-term contract to supply the flywheel used with the Detroit DT12 automated manual transmission.

May 16, 2016
Government, Business

House Appropriators to Consider Transportation Funding Bill May 18

House appropriators on May 18 will take up a fiscal 2017 funding bill that is expected to include trucking-related provisions, Capitol Hill aides said.

Eugene Mulero | Senior Reporter
May 16, 2016
Business

California’s Truckers Dream of Dedicated Truck Lanes

Trish Anderson, 53, a truck driver from Mississippi, dreams about dedicated truck lanes. A lot.

Neil Nisperos | Inland Valley (Ontario, Calif.) Daily Bulletin
May 16, 2016
Business

VIDEO: Celadon’s Will Fondly Remembers Russell’s Life, Push to Improve Driver Health

Paul Will, chairman and CEO of Celadon Group, spoke with Transport Topics about the lasting impact company founder Stephen Russell has had on the company.

Neil Abt | Editorial Director
May 16, 2016