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, Safety, Logistics, Autonomous

American Fast Freight Buys Caribbean Shipping Services

American Fast Freight Inc., a logistics and trucking operator, announced the acquisition of Caribbean Shipping Services Inc. to expand in the U.S.-Puerto Rico ocean shipping market.

May 8, 2015
Business, Autonomous

USA Truck CEO John Simone Eager to Return From Medical Leave

USA Truck CEO John Simone, who has been on medical leave, said he is looking forward to returning to active involvement in the business.

Seth Clevenger | Managing Editor, Features and Multimedia
May 8, 2015
Business, Autonomous

US Unemployment Falls to Lowest Level Since May 2008

The trucking industry added 1,392 jobs in April as the unemployment rate dropped to 5.4%, the lowest level since May 2008, the Labor Department said May 8.

May 8, 2015
Business

Chevrolet Introduces Bi-Fuel-Powered Silverado Chassis Cab Truck

Chevrolet is introducing a dual-powered Silverado, run on either compressed natural gas or gasoline.

May 8, 2015
Special Coverage, Business

Clean Energy Showcases LCNG Station at Dillon Transport’s Dallas Terminal

DALLAS — Clean Energy Fuels Corp. showcased its station that sells both liquefied and compressed natural gas as part of a May 7 tour at the tail end of this week’s ACT Expo.

Michael G. Malloy | Web Editor
May 7, 2015
Special Coverage, Business

Cost, Environmental Impact Biggest Challenges Facing Fleets, Group Studying Sustainable Fuels Says

DALLAS — Trucking fleets face a huge challenge making decisions to balance cost pressures and increasing demands that their trucks be environmentally sustainable, according to BSR, a global nonprofit doing research on sustainable fuels.

Eric Miller | Senior Reporter
May 7, 2015
Special Coverage, Business, Logistics

Texas Lawmaker Backs State Programs That Promote Natural Gas, Alternative Fuels

DALLAS — A Texas state lawmaker said he backs incentives that increase the use of natural gas and other alternative transportation fuels.

Michael G. Malloy | Web Editor
May 7, 2015
Special Coverage, Business

Penske Adding More Natural-Gas Maintenance Facilities

DALLAS — Penske Truck Leasing expects to add 10 to 15 new natural-gas maintenance facilities this year, bringing its total to 30 to 35 by year’s end, company officials said.

Michael G. Malloy | Web Editor
May 7, 2015
Special Coverage, Business

Denso Announces New Alternator for Medium-, Heavy-Duty Market

DALLAS — Automotive supplier Denso has developed a new high-amperage alternator for the medium- and heavy-duty truck market that the company said is smaller, lighter and more efficient.

Eric Miller | Senior Reporter
May 7, 2015
Government, Business

Transportation Groups Take Message to the Airwaves

Two key transportation groups have launched a radio ad campaign calling on Congress to approve a permanent fix for the Highway Trust Fund.

May 7, 2015