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

Boeing Plans Further Production Cuts for 747-8 Cargo Plane

The Boeing Co. announced it would lower production of its 747-8 cargo plane further, beginning in September, to match supply to expected near-term demand in a slowing air cargo market.

January 25, 2016
Government, Business, Safety

Transport Topics Closed Jan. 25, 26 as Washington Digs Out From Blizzard

Arlington, Va.-based Transport Topics is closed Jan. 25 and Jan. 26 as Washington struggles to overcome the blizzard that blanketed parts of the Mid-Atlantic region with two feet of snow.

January 25, 2016
Perspective, Business

Opinion: Find Ways to Make Better Use of US Highways

Although Congress finally passed a five-year, $305 billion highway bill, the Fixing America’s Surface Transportation (FAST) Act, and President Obama signed it Dec. 4, we should not overlook the ancillary issues that distinguish between the needs of the motoring public and the transportation industry.

January 25, 2016
Editorial, Business

Editorial: Is the Oil Plunge Too Good?

It’s time to wonder if crude oil, diesel fuel and gasoline are actually getting too cheap? A surprising notion, but for many people it’s already the case.

January 25, 2016
Business

Cummins Withdraws From 2016 MATS

Independent engine maker Cummins Inc. said Jan. 21 it will not participate in this year’s Mid-America Trucking Show.

Jonathan S. Reiskin | Associate News Editor
January 25, 2016
Business

December Tonnage Climbs 1.1% as Inventory Growth Slows

Truck tonnage rose 1.1% in December over the same month of 2014, as growth continues to be held back by excessive inventories that are reducing freight demand, American Trucking Associations reported.

Rip Watson | Special to Transport Topics
January 25, 2016
Business

OEMs Vie for Larger Share of Parts Market as Independent Distributors Add Services

The business of selling truck parts is changing as original equipment manufacturers and their dealers try to expand their share of the $30 billion market.

Daniel P. Bearth | Staff Writer
January 25, 2016
Business, Safety, Government, Autonomous

Heavy-Truck Repair, Maintenance Costs Have Soared, But Prices for Common Parts Could Decline in ’16

The cost to repair and maintain heavy-duty trucks has surged in recent years, rising more than 50% since 2008, based on a study by the American Transportation Research Institute.

Daniel P. Bearth | Staff Writer
January 25, 2016
Business

Researchers Target Human Factors

WASHINGTON — As funding constraints limit construction of new roads and bridges, transportation researchers are devoting less time and money on studies of pavement design and more on human factors, such as driver fatigue, to reduce crashes and improve the performance of the nation’s highways.

Daniel P. Bearth | Staff Writer
January 25, 2016
Business, Government

NHTSA: Alcohol Use Down, Marijuana Up

WASHINGTON — Alcohol use by motorists on U.S. highways has declined significantly in recent years. However, the use of marijuana among the driving public is on the rise, according to research by the National Highway Traffic Safety Administration.

Eric Miller | Senior Reporter
January 25, 2016