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

Online Shopping Boosts Holiday Sales, Retail Group Says

U.S. holiday shopping is on track for a modest 3.7% rise this year after strong turnout during the Thanksgiving and Black Friday weekend and thanks to strong online sales, the National Retail Federation said Nov. 29 after releasing an annual consumer poll.

Nathan Layne | Reuters
November 30, 2015
Business, Logistics

Carriers Utilize Specialized Equipment to Remove Snow, Ice From Trailer Tops

Heavy snow and ice buildup on trucks and trailers can sap fuel economy, add weight, damage the equipment and even create a safety hazard if it breaks loose on the road. To avoid these risks, trucking companies are using a variety of specialized snow-removal systems to clear the tops of their vehicles.

Mindy Long | Special to Transport Topics
November 30, 2015
Perspective, Business

Opinion: The Next Phase of Trucking, Tolling

The Reason Foundation’s recently published policy study, “Truck-Friendly Tolls for 21st Century Interstates,” sparked discussion from Internet forums to board rooms on what the future will look like for trucking and for tolling.

November 30, 2015
Editorial, Business

Editorial: Highway Bill Ahead

Rolling into the year’s final month, we are pleased to observe that Congress appears to be actually making progress on a multiyear surface transportation plan.

November 30, 2015
Business

October Tonnage Gains 2%

Stubbornly high inventories limited October truck tonnage growth to 2% from the same month of last year, signaling that the plodding pace of freight continues, American Trucking Associations reported.

Rip Watson | Special to Transport Topics
November 30, 2015
Business

DTNA Starts AMT Production, Announces Engine Investment

REDFORD, Mich. — Daimler Trucks North America celebrated the production launch of its Detroit-branded DT12 automated manual transmission here while simultaneously announcing a $375 million investment to bring its new medium-duty diesel engines to the United States over the next two years.

Neil Abt | Editorial Director
November 30, 2015
Business, Logistics

October Trailer Orders Top 33,000

New trailer orders totaled 33,400 in October, the second strongest figure in 2015 despite dropping 30% from the same month a year earlier, which was the highest on record, ACT Research reported.

Roger Gilroy | Senior Reporter
November 30, 2015
Business

Bernhard: Trucking to Benefit From Autonomous Car Push

REDFORD, Mich. — The path to the autonomous truck remains clear and is actually being made easier by the aggressive steps being pushed by the passenger car segment, the head of Daimler’s global commercial vehicles division said.

Neil Abt | Editorial Director
November 30, 2015
Business

November Freight Trends Show Improvement, but Fleets Unsure About Pre-Holiday Peak

November freight trends generally are improving, most fleet executives and experts say, but a repeat of the strong 2014 pre-holiday freight peak that bolstered fleets appears to be more hope than fact so far.

Rip Watson | Special to Transport Topics
November 30, 2015
Business

Chicago Tops Latest Bottlenecks List

WASHINGTON — For the second time in as many weeks, a study has identified the worst traffic choke points, amplifying the nation’s urgent need for investment in its transportation infrastructure.

Eric Miller | Senior Reporter
November 30, 2015