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.

Government, Business

West Virginia Senate Passes Tax, Fee Hikes for Highways

Legislation to increase highway funding in West Virginia by more than $290 million a year — primarily through increasing the state sales tax from 6% to 7% — is headed to the state’s House of Delegates, which has proved adverse to tax hikes.

Phil Kabler | The Charleston (W. Va.) Gazette
March 3, 2016
Government, Business

Weakened Energy Sector Stalling Transportation Activity, Fed Says

Transportation activity was mixed in the United States early in the year as weakness in the energy sector limited gains, the Federal Reserve reported.

March 3, 2016
Business

Applications for Jobless Benefits Rise to 278,000

The number of Americans applying for unemployment benefits rose last week to a level that’s consistent with steady improvement in the labor market.

Sho Chandra | Bloomberg News
March 3, 2016
Special Coverage, Business, Safety, Autonomous

TMC Award Winners Recognized for Service

NASHVILLE, Tenn. — American Trucking Associations’ Technology & Maintenance Council honored several industry professionals March 2 with a variety of awards for their service to the council and the industry.

March 3, 2016
Government, Business

Connecticut Gov. Dannel Malloy Says Truck-Only Tolling Worth Considering

As some in the trucking industry feared, Rhode Island’s plan to make only trucks pay tolls within its borders has another state thinking about doing the same.

David Elfin | Staff Reporter
March 2, 2016
Special Coverage, Business

Be Proactive to Minimize Corrosion Effects, Experts Advise

NASHVILLE, Tenn. — Corrosion is unavoidable, but experts say minimize it, slow it down during a vehicle’s useful life and realize help is at hand.

Roger Gilroy | Senior Reporter
March 2, 2016
Business

Toledo Police Revive Program to Crack Down on Truck Weight Limits

Toledo, Ohio police will resume enforcing truck weight limits later this month after a seven-year, budget-related hiatus, the department announced March 1.

David Patch | The Blade (Toledo, Ohio)
March 2, 2016
Special Coverage, Business

Daseke Continues to Seek Additions to Flatbed Enterprise

NASHVILLE, Tenn. — Flatbed entrepreneur Don Daseke continues to build his rapidly growing company by hunting for merger candidates, even though the current business environment does not favor an initial public offering for what is now the second-largest company in his sector of trucking.

Jonathan S. Reiskin | Associate News Editor
March 2, 2016
Business, Logistics

CSX Surges After Report of Canadian Pacific Takeover Interest

CSX Corp. jumped as much as 8% after the close of trading in New York, following a report that Canadian Pacific Railway approached the U.S. railroad about a takeover in January and was rebuffed.

March 2, 2016
Business

Companies Added 214,000 Workers in February, ADP Says

Companies added more workers than projected in February, indicating the U.S. job market remains strong, according to a private report based on payrolls.

Sho Chandra | Bloomberg News
March 2, 2016