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

Wholesale Prices Little Changed as Fuel Costs Drop

Wholesale prices in the United States were little changed in August, restrained by lower fuel costs that signal inflation will remain weak.

Sho Chandra | Bloomberg News
September 11, 2015
Government, Business

ATA’s Chris Spear to Join Hyundai

Chris Spear, senior vice president at American Trucking Associations, will leave the federation in October for a position at the Hyundai Motor Co., ATA announced Sept. 10.

September 10, 2015
Government, Business, Safety

T&I Chairman Bill Shuster: Short-Term Extension Likely

House Transportation and Infrastructure Committee Chairman Bill Shuster (R-Pa.) was quoted in a Washington, D.C., news publication as saying the chamber likely will move ahead with a short-term highway funding extension this fall.

September 10, 2015
Business

Chester Stranczek, Former ATA Chairman, Dies at 85

Chester Stranczek, founder of Cresco Lines and a former chairman of American Trucking Associations, died Sept. 5. He was 85.

September 10, 2015
Business, Logistics

How Startups are Using Big Data to Manage the Holiday Cargo Rush

Several startups have sprung up to help manage the complicated flow of data involved with the movement of goods.

Yaacov Benmeleh | Bloomberg News
September 10, 2015
Government, Business, Autonomous

FHWA Seeking Comment on Truck Size and Weight Study

The Federal Highway Administration is seeking comments through Oct. 13 on its June technical report on the agency’s congressionally mandated Comprehensive Truck Size and Weight Limits Study.

Eric Miller | Senior Reporter
September 10, 2015
Business, Logistics

Weekly Rail Intermodal Volume Rises 17%

Weekly U.S. intermodal rail traffic rose 17% from the same period last year, the Association of American Railroads reported.

September 10, 2015
Business

Freight Transportation Index Rises on Trucking, Rail, Says DOT

The Department of Transportation’s freight transportation services index rose in July from the same month in 2014, driven upward from gains in trucking and rail carloads, DOT said Sept. 10.

September 10, 2015
Business

Fiat Chrysler Recalls 1.73 Million Trucks in 3 Safety Campaigns

Fiat Chrysler Automobiles said it is recalling about 1.73 million trucks for defects, including a wiring harness that may short-circuit and set off an air bag.

Mark Clothier | Bloomberg News
September 10, 2015
Business

BNSF Pressures Congress to Extend 2015 Rail Safety Deadline

BNSF Railway Co. is ratcheting up pressure on Congress to postpone a deadline for installing a safety system by the end of the year, saying it would probably have to halt freight and passenger traffic if the requirement isn’t delayed.

Thomas Black | Bloomberg News
September 10, 2015