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, Equipment

June Truck Orders Fall 26%

New Class 8 truck orders declined in June and dipped below the 20,000 mark for the first time since 2013, ACT Research reported.

Seth Clevenger | Managing Editor, Features and Multimedia
July 13, 2015
Business, Fuel

Texas Man Bilks Oil Refiners in $78 Million Biodiesel Fraud

A Houston man who amassed a fortune selling renewable fuel credits given for producing biodiesel, although he never actually made any of the alternative fuel, has pleaded guilty to federal criminal charges.

Eric Miller | Senior Reporter
July 13, 2015
Business

Trucking’s 2Q Earnings Expected to Climb on Higher Rates, Declining Fuel Prices

Rising rates and falling fuel prices should drive higher second-quarter earnings in the trucking sector when results begin to roll in this week, analysts said.

Rip Watson | Special to Transport Topics
July 13, 2015
Government, Business

Trailer Makers Are Ready to Supply 33-Foot Doubles

Most major trailer manufacturers said they would expect to see an immediate surge of demand for 33-foot twin trailers, should the government approve their use for U.S. roads. They also said they would be ready to build the longer doubles as soon as fleets begin submitting orders.

Seth Clevenger | Managing Editor, Features and Multimedia
July 13, 2015
Business

EPA Grants Three-Year Extension for New Trailer Foam, Refrigerants

A new rule from the Environmental Protection Agency gives the manufacturers of refrigerated trailers and their suppliers another three years, through 2019, to develop a new foam-blowing agent that does not incorporate strong greenhouse gases.

Jonathan S. Reiskin | Associate News Editor
July 13, 2015
Business

Autonomous Technology Needs US Standards, Volvo Executive Tells Transportation Panel

WASHINGTON — For autonomous driving technologies to continue to advance, lawmakers will have to approve federal standards that address various regulations at the state level, a Volvo Group executive told a Senate transportation panel July 7.

Eugene Mulero | Senior Reporter
July 13, 2015
Business

ATA Announces Sessions, Speakers For MCE in Philadelphia Oct. 17-20

American Trucking Associations last week announced several featured general sessions for its 2015 Management Conference & Exhibition, scheduled for Oct. 17-20 in Philadelphia.

July 13, 2015
Business, Fuel

Eco Flow Votes to Join Teamsters

Port truck drivers from Eco Flow Transportation voted to join the Teamsters, which has backed efforts to convert driver status from independent contractor to employee.

July 10, 2015
Business

BMW Puts Electric Truck Into Service in Germany

Auto manufacturer BMW Group is using a fully electric, heavy-duty truck to transport vehicle components in Munich.

July 10, 2015