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.
Diesel Falls to Its Lowest Price Since Mid-July
Diesel prices shed nearly another dime in the eighth consecutive weekly decline of the national average, the Energy Information Administration reported Dec. 18.
December 18, 2023Two Carriers Pay Fines for California Pollution Violations
Two interstate companies operating heavy-duty truck fleets in California agreed to legal settlements with the U.S. Environmental Protection Agency.
Wreath-Laying Holds Multiple Meanings for Georgia Truckers
ARLINGTON, Va. — Husband-and-wife driving team Ron and Lea Eppich of Calhoun, Ga., came to Arlington National Cemetery with a truckload of wreaths on Wreaths Across America Day on Dec. 16.
Nikola Founder Trevor Milton Sentenced to Four Years
Nikola Corp. founder Trevor Milton was ordered to spend four years behind bars for lying to shareholders about the electric truck maker’s progress.
Biden’s Crackdown on Illegal Mergers Cemented With New Rules
Antitrust agencies have finalized an overhaul of rules the government uses to determine whether deals violate competition law to extend a crackdown on illegal mergers and acquisitions.
Southwest Reaches $140 Million Settlement for 2022 Meltdown
Southwest Airlines has come to a $140 million agreement to settle an investigation into a December 2022 incident when the airline canceled thousands of flights over the holidays.
Wreaths Across America Salutes Critical Work of Truckers
ARLINGTON, Va. — Wreaths Across America showcased the critical work truck drivers do in support of its mission to honor fallen soldiers during its appreciation dinner Dec. 15.
CRH Offers to Buy Australian Adbri in $1.4 Billion Deal
Global building materials firm CRH Plc has offered to purchase Australian concrete maker Adbri Ltd. in a joint takeover proposal with Barro Group, valuing the target business at $1.4 billion.
Congressional Politics Impede 2023 Legislative Agenda
WASHINGTON — In 2023, several high-profile federal policy proposals relevant to trucking were unable to cross the legislative finish line. The culprit: congressional politics.
Hiring Our Heroes Award Goes to Army Vet Brandon Meredith
Army vet Brandon Meredith, a tank truck driver with Slay Transportation, was awarded a silver Kenworth T680 Signature Edition truck as the 2023 winner of the Hiring Our Heroes initiative.