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.

Government, Business, Safety, Fuel

Senators Discuss Plausibility of Higher Fuel Taxes

Senators are talking about fuel tax increases to pay for transportation — if not actually embracing the idea.

Michele Fuetsch | Staff Reporter
January 8, 2015
Government, Business, Autonomous

DeFazio Predicts Congress Will Again Address Mexican Truck Issue

Rep. Peter DeFazio (D-Ore.) said he expects Congress to weigh in on whether more Mexican trucks ought to be running longhaul in the United States now that a three-year pilot program has ended.

Michele Fuetsch | Staff Reporter
January 8, 2015
Government, Business, Safety

DOT Awards $500,000 to Assist Washington State in Fixing Rain-Damaged Roads

The U.S. Department of Transportation is providing Washington state with $500,000 to help authorities fix roads damaged by recent heavy rainfall.

Eugene Mulero | Senior Reporter
January 8, 2015
Government, Business

California Farm Bureau Files for Bee Hauler HOS Exemption

The California Farm Bureau Federation has petitioned federal regulators for an exemption from 30-minute rest breaks for drivers transporting bees that are critically needed to pollinate crops.

Eric Miller | Senior Reporter
January 8, 2015
Business, Logistics

Universal Truckload Appoints New CEO

Jeff Rogers has been appointed CEO at Universal Truckload Services, concluding a plan begun in June.

January 8, 2015
Business, Logistics

Farmer Takes Office as IANA Chair

Katie Farmer, group vice president of consumer products at BNSF Railway, has taken office as the first woman to chair the Intermodal Association of North America’s board of directors.

January 8, 2015
Business

U.S. Postal Service Delivers Record Number of Packages During Holidays

The U.S. Postal Service said package deliveries increased 18% in December and had its busiest day on record Dec. 22.

January 8, 2015
Business

Initial Jobless Claims Fall by 4,000

U.S. jobless claims fell by 4,000 last week, the Labor Department reported Jan. 8.

January 8, 2015
Business

Mercedes-Benz USA Moving from New Jersey to Atlanta

Daimler AG’s Mercedes-Benz will move its U.S. headquarters to Atlanta from New Jersey, rejecting efforts by New Jersey Governor Chris Christie to keep the facility in his state.

Rose Kim and Elise Young | Bloomberg News
January 7, 2015
Business

Penske Logistics Takes California Meal-Break Law to Supreme Court

Penske Logistics filed a formal petition with the Supreme Court on Jan. 6 asking the justices to review a 9th U.S. Circuit Court of Appeals decision on the legitimacy of California’s meal-break law.

Jonathan S. Reiskin | Associate News Editor
January 7, 2015