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.

Perspective, Business

Opinion: Small Carriers: The Tough Get Tougher

Industry insiders say the remainder of the year may continue to be tough for small carriers. The good news is that trucking continues to be America’s most important transportation mode, thanks to its flexibility and efficiency. As the economy grows, truck tonnage and available freight continue to increase, which presents many opportunities for trucking firms, large and small, to be successful.

May 25, 2015
Editorial, Business

Editorial: The Economy Hits Pause

Congress and the administration still are struggling to do something more than absolutely nothing on a multiyear transportation plan, so consider the nation’s economy instead.

May 25, 2015
Business, Safety

Tonnage Growth Slows

The continued growth of truck tonnage stalled in April to the slowest pace in more than two years, rising only 1% over the same month a year earlier, American Trucking Associations reported.

May 25, 2015
Business, Safety, Government

First Truck Platoons in United States Only a Few Years Away, Volvo Says

NEWPORT, R.I. — Advancements in connectivity will bring the first truck platoons to U.S. highways in the near future, paving the way for radical changes in the freight transportation network, executives with Volvo Group said.

May 25, 2015
Business, Safety, Government

Amtrak Crash Sparks Further Debate About Infrastructure Funding Shortfall

WASHINGTON — President Obama and congressional Democrats said the deadly derailment of an Amtrak train in Philadelphia is a reminder that Congress should focus on restoring the country’s aging infrastructure.

May 25, 2015
Business, Safety, Government

Roads, Bridges in Rural Areas Suffering From Same Woes as Cities, Group Reports

Rural communities are confronting the same infrastructure challenges as America’s larger cities, suffering with dilapidated roads and bridges, a report from a nonprofit transportation research group found.

May 25, 2015
Business

EPA Proposal on Insulation Raises Reefer-Sector Concern

A final U.S. Environmental Protection Agency regulation expected this summer has generated significant concerns from suppliers to the refrigerated trucking sector, with the main worry being that a January 2017 rollout date is too soon.

May 25, 2015
Business, Equipment

New Class 8 Registrations Up 13%; Total US Fleet Size Hits 3.82 Million

Initial registrations of new Class 8 trucks rose 13% in the first quarter compared with the same period last year but declined sequentially for the second straight quarter, IHS Automotive reported.

May 25, 2015
Business

Senate Sends Highway Fix to Obama for Approval

The Obama administration had expressed support for a measure the Senate passed May 23 that would extend funding authority for highway programs through July 31.

May 25, 2015
Business, Fuel

Diesel Climbs 2.6¢ to $2.904, Spread With Gasoline Narrows

Diesel’s national average price rose for the fifth straight week, climbing 2.6 cents to $2.904 a gallon, the Department of Energy reported May 18.

May 25, 2015