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

Freight Execs See Many Options to Boost Industry Productivity

FORT LAUDERDALE, Fla. — Shippers are missing collaboration opportunities to help themselves and fleets to improve productivity and more effectively tackle escalating driver and capacity challenges, industry executives said.

November 24, 2014
Business

Manufacturers Say They’re Ready to Meet Higher Demand in 2015

October’s extraordinary total for new-truck orders has raised expectations for Class 8 production in 2015, but analysts and manufacturers said the industry appears to be in a good position to handle the growing demand.

November 24, 2014
Business

Ocean Shippers’ Anger Mounts Over West Coast Port Delays

FORT LAUDERDALE, Fla. — With the holidays fast approaching, shippers’ frustration with cargo disruptions at U.S. ports is boiling over.

November 24, 2014
Business, Fuel, Government

New T&I Top Democrat Optimistic on Road Bill

U.S. Rep. Peter DeFazio of Oregon, the new top transportation leader for House Democrats in the next Congress, told Transport Topics last week he is hopeful about Congress’ chances of advancing a long-term highway bill before the current law expires in May.

November 24, 2014
Business

FMCSA Finds Few Cases of Fleet Harassment Among Truckers Who Use Electronic Logs

A federal survey of truck drivers concluded that instances of carrier harassment are rare, and that drivers who use electronic logging devices generally are not subjected to harassment more frequently than those who use paper logs.

November 24, 2014
Business

Class 8 Sales to Yield Record For Daimler Financial Unit

Executives at Daimler Financial Services said they expect the company to report record results in 2014 on surging sales of commercial trucks in the United States.

November 24, 2014
Business

Illinois Tollway Fare to Spike 40% on Jan. 1

Trucks that run on the Illinois Tollway are bracing for the 40% toll hike that kicks in on Jan. 1, part of a long-range plan that by 2017 is expected to raise truck tolls by 60%.

November 24, 2014
Business

Study Finds Boats, Rails to Be Best Modes For Easing Congestion at Port of N.Y.-N.J.

A draft environmental impact study of ways to ease congestion at the Port of New York and New Jersey shows nearly a dozen alternatives that would primarily use boats and rail to reduce truck traffic at the port.

November 24, 2014
Business, Fuel

Diesel Drops 1.6¢ to $3.661

The U.S. retail diesel average resumed its downward trend last week, slipping 1.6 cents to $3.661 a gallon, the Department of Energy reported.

November 24, 2014
Government, Business

Trucking Through the Mexico Border

November 21, 2014