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, Government, Equipment

ACT Says Tractor Sales to Set Record, Sees Solid Year Ahead for Fleet Profits

ORLANDO, Fla. — Retail sales of new Class 8 tractors in the United States remain on pace to set a new record this year, according to a leading industry analyst.

Neil Abt | Editorial Director
September 28, 2015
Business, Government, Safety, Technology, Fuel, Autonomous

EPA Official Says GHG Final Rule on Track to Be Published During 2nd Quarter of 2016

ORLANDO, Fla. — An Environmental Protection Agency official said the federal government remains on track to issue a final rule during the second quarter of 2016 that will further tighten the trucking industry’s greenhouse-gas emissions.

Neil Abt | Editorial Director
September 28, 2015
Business, Fuel, Government

Diesel Price Declines 2.4¢ to $2.493, Lowest Level in More Than Six Years

The average price of diesel fuel in the United States fell 2.4 cents a gallon to $2.493, the lowest level since June 2009, according to the Department of Energy.

Kevin Eaton | Online Reporter
September 28, 2015
Business, Safety, Government

DOT’s Foxx Touts White House Push to Expedite Infrastructure Projects

WASHINGTON — Transportation Secretary Anthony Foxx touted the Obama administration’s effort to streamline infrastructure projects through certain improvements to the Federal Infrastructure Permitting Dashboard.

September 28, 2015
Government, Business, Safety

Truckers Balk at Having to Pay To Reserve Parking, ATRI Says

Nearly half of commercial vehicle drivers in a survey by American Transportation Research Institute said they would refuse to pay for reserved parking.

Eric Miller | Senior Reporter
September 28, 2015
Business, Equipment, Government, Autonomous

Prices for Used Trucks Soften; Analysts Expect More Declines

The average sales price for used Class 8 vehicles softened in August amid a strong supply of lower-mileage aerodynamic sleepers and a continuing trend of price depreciation in the market overall, analysts said.

Roger Gilroy | Senior Reporter
September 28, 2015
Business, Logistics

Swift Earnings to Trail Forecast, Guidance

Swift Transportation Co. said its third-quarter and full-year results will lag analyst forecasts and its own profit guidance because of costs from past accidents and weaker freight volumes in the fourth quarter.

September 25, 2015
Business, Fuel

Why Shippers Are Turning to LNG-Powered Vessels

When Tote Inc., a shipper that operates between the United States and the Caribbean, launched its latest containership last month, the 760-foot craft carried a certain distinction: It’s only the second of the massive vessels worldwide fueled by liquefied natural gas.

Christine Buurma | Bloomberg News
September 25, 2015
Business, Logistics

US Intermodal Rail Traffic Rises Following 13.3% Drop

Weekly U.S. intermodal rail traffic rose 0.6% from the same period last year after declining 13.3% the prior week, the Association of American Railroads reported.

September 25, 2015
Business

Trucking Executive Bill Bender Dies at 84

William “Bill” Bender, a former senior executive at IU International Corp. and co-founder of Customized Transportation Inc., died Sept. 10 in Ponte Vedra Beach, Florida. He was 84.

September 25, 2015