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

TransCanada Pulls Back Keystone XL Pipeline Application

TransCanada Corp. is withdrawing its application with Nebraska regulators for approval of the Keystone XL pipeline, less than two weeks after President Obama rejected the project.

November 18, 2015
Business

Expect Most Crowded Highways for Thanksgiving Weekend Since 2007, AAA Says

Making plans to hit the road for Thanksgiving? Expect to find more of your fellow Americans on the road than in any year since 2007.

November 18, 2015
Business, Government, Safety, Autonomous

Atlanta Tops ATRI List of Worst Truck Choke Points

The nation’s worst truck bottleneck is located in Atlanta, where a five-level stack interchange known as “Spaghetti Junction” joins Interstates 285 and 85 north, according to a new American Transportation Research Institute truck congestion survey.

Eric Miller | Senior Reporter
November 18, 2015
Government, Business, Safety

Rep. Bill Shuster: Final Version of Highway Bill Ready Nov. 30

WASHINGTON — Congressional policymakers plan to have a multiyear highway bill ready on Nov. 30, the chairman of the House transportation panel said Nov. 18.

Eugene Mulero | Senior Reporter
November 18, 2015
Business

Housing Starts in US Fall on Decline in Apartment Construction

New-home building declined more than projected in October, led by a slump in apartment construction and showing fitful progress in residential real estate.

Michelle Jamrisko | Bloomberg News
November 18, 2015
Business

Norfolk Southern Weighing $28.1 Billion Canadian Pacific Bid

Norfolk Southern Corp. said it is considering an  acquisition offer by Canadian Pacific Railway Ltd., worth at least $28.1 billion, that represents the first rail merger proposed since 1999.

November 17, 2015
Business

Transportation Insight Acquires BirdDog Solutions

Transportation Insight, a transportation management firm based in Hickory, North Carolina, has purchased BirdDog Solutions, a company that provides parcel auditing and analytics for shippers.

November 17, 2015
Business, Technology

Trucker Path Adds Load-Finding App

Technology provider Trucker Path has unveiled an app intended to give users fast access to available loads.

November 17, 2015
Government, Business, Safety, Logistics, Autonomous

Manufacturers Highlight Freight, Trucking Productivity While Urging Passage of Highway Bill

The National Association of Manufacturers is urging transportation leaders to quickly advance a multiyear highway reauthorization bill that boosts investments in freight transportation, and trucking productivity.

November 17, 2015
Government, Business

New Jersey Scraping the Bottom of Roadwork Fund as Tax Fight Looms

New Jersey’s sale of $627 million in debt, the last borrowing in a five-year funding plan for transportation projects, is a political turning point.

November 17, 2015