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, Logistics

Broken Rail Caused CSX Derailment in West Virginia, Officials Say

The Department of Transportation's Federal Railroad Administration said the Feb. 16 derailment in Mount Carbon, West Virginia, was caused by a rail defect that was  overlooked during two inspections.

October 9, 2015
Business, Equipment

MIT Offers New Online Supply Chain Management Program

The Massachusetts Institute of Technology announced a pilot program that allows students to combine online courses with a single semester on campus to earn a master’s degree in supply chain management.

October 9, 2015
Business

UTi Worldwide Agrees to $1.35 Billion Acquisition by DSV

Logistics operator UTi Worldwide Inc. agreed to a $1.35 billion acquisition by DSV, a Danish supply chain and forwarding company, that marks the latest consolidation in that industry.

October 9, 2015
Business

Retail Sales Growth Expected to Slow This Holiday Season

U.S. retail sales this holiday season will grow at a slower pace than last year, with consumers spending more of their disposable income on services than gifts, the National Retail Federation said.

October 9, 2015
Business

A US Recession Just Got a Little More Likely

A delayed Federal Reserve rate hike, turmoil in global equity markets ... and now increased expectations for a downturn in the United States.

Catarina Saraiva | Bloomberg News
October 9, 2015
Government, Business, Autonomous

FMCSA Announces Grants for Veteran CMV Driver Training

Federal regulators have awarded $2.3 million in grants to 13 technical and community colleges to train veterans and their families for jobs as commercial bus and truck drivers.

Eric Miller | Senior Reporter
October 9, 2015
Government, Business

Senate Commerce Committee Launches New Website

The Senate Commerce Committee has a new look for the fall.

October 9, 2015
Business, Equipment

Are You Ready for Winter?

View this webinar.

October 8, 2015
Government, Business

Independent Review of DOT Size and Weight Study Backs Original Researchers

An independent scientific review of the Department of Transportation’s truck size-and-weight study largely agreed with original researchers that weaknesses in some of their research models and data hampered meaningful conclusions.

Eric Miller | Senior Reporter
October 8, 2015
Government, Business

Biden Calls on Congress to Address Infrastructure

WASHINGTON — Vice President Joseph Biden called on Congress to immediately address America’s huge infrastructure needs In a speech here Oct. 8,

David Elfin | Staff Reporter
October 8, 2015