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

Twin 33s Can Offer Benefits

The twin 33-foot trailer, the first potential nationwide truck-size change in nearly three decades, could generate attractive cost reductions for fleets and broad public benefits in reduced truck traffic, industry experts said.

July 6, 2015
Business, Fuel, Government

TT Archives: Trucks and Emissions

The starting point for limiting diesel emissions can be traced to a provision in a bill reauthorizing and expanding the Clean Air Act of 1977 that was signed into law by President George H.W. Bush in 1990.

July 6, 2015
Perspective, Business

Opinion: Exercise Caution When Using a Broker

In the aftermath of the 2013 broker bond increase, some questions remain, such as whether the increase had the intended effect of “fighting fraud” and whether the bad brokers really were chased out of the industry.

July 6, 2015
Editorial, Business

Editorial: More Critics of CSA

We welcome the U.S. Department of Transportation’s announced independent review of the Federal Motor Carrier Safety Administration and the legislative proposal from Sen. Deb Fischer (R-Neb.), which would bring closer oversight of FMCSA.

July 6, 2015
Business, Equipment, Safety

Twin 33s Can Offer Benefits

The twin 33-foot trailer, the first potential nationwide truck-size change in nearly three decades, could generate attractive cost reductions for fleets and broad public benefits in reduced truck traffic, industry experts said.

July 6, 2015
Business

Trucking Stocks Slip in First Half of 2015 as Investors Worry About Economy, Rates

Investors’ fears that the economy will weaken and curtail carriers’ pricing power are pushing down trucking share prices at a time when the broader stock market hovered near record levels before last week’s pullback, analysts said.

Rip Watson | Special to Transport Topics
July 6, 2015
Business

Judge Sets July 24 Deadline for Motions to Dismiss Suits in TransVantage Case

The stage is set for a July 24 courtroom showdown over an effort to collect hundreds of millions of dollars from about 450 truckers in the TransVantage bankruptcy case.

Rip Watson | Special to Transport Topics
July 6, 2015
Business

Element Strikes $6.9 Billion Deal for GE’s Fleet Management Unit

Element Financial Corp. is set to become the largest operator of commercial vehicles in North America after striking a deal to acquire all of GE Capital’s fleet management business in the United States and Mexico for $6.9 billion.

Daniel P. Bearth | Staff Writer
July 6, 2015
Government, Business, Safety, Logistics

Sophisticated Logistics Network Required to Ensure Flowers Arrive in Fine Form

Whether peonies and ranunculus for a wedding bouquet or a single red rose for a loved one, people across the United States keep finding reasons to purchase fresh-cut flowers, but few are aware of what’s involved to satisfy their demand.

Josh Janney | Special to Transport Topics
July 6, 2015
Business

Late-Model Equipment Lifts Used-Truck Prices

Used-truck pricing has remained at historically high levels, supported by an ongoing market shift toward more valuable late-model equipment, industry analysts said.

Seth Clevenger | Managing Editor, Features and Multimedia
July 6, 2015