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

The Top 100 List: 2014 For-Hire Carrier Rankings

Here is the 2014 Transport Topics Top 100 list of for-hire carriers. Companies are ranked by 2013 revenue unless otherwise footnoted.

July 15, 2014
Government, Business

Rules Committee Paves Way For Trust Fund Bill On House Floor

The House Rules Committee adopted a closed rule process on July 14 for a bill that would fund a cash-strapped Highway Trust Fund through May.

Eugene Mulero | Senior Reporter
July 14, 2014
Business, Autonomous

Truck Driver John Cook Dies at Age 50

John Henry Cook, a driver for Baylor Trucking for 12 years and a retired Army Staff Sergeant, died June 28. He was 50.

July 14, 2014
Government, Business

Funding Transportation Projects Reduces Bottlenecks, Helps Trucking Industry, WH Report Says

If Congress approves significant funding to upgrade the country’s aging roads and bridges, travel times throughout the freight industry would improve dramatically, according to a report released July 14 by the Obama administration.

Eugene Mulero | Senior Reporter
July 14, 2014
Business, Fuel

Diesel Declines 1.9¢ to $3.894 Per Gallon

Diesel declined 1.9 cents to $3.894 a gallon, following a 0.7 cent decline last week, the Department of Energy reported July 14.

July 14, 2014
Business, Technology

Omnitracs Hires Vice as Chief Sales Officer

Truck technology supplier Omnitracs said it has hired David Vice as its chief sales officer, marking another addition to the company’s executive team since Vista Equity Partners purchased the business last year from Qualcomm Inc.

Seth Clevenger | Managing Editor, Features and Multimedia
July 14, 2014
Business

Truck Driver Strike Ends at Ports of Los Angeles, Long Beach

Truck drivers ended a strike at the ports of Los Angeles and Long Beach after five days, the Los Angeles Times reported.

July 14, 2014
Business

Alt Fuel-Powered Vehicles to Make up 14% of Worldwide Sales by 2035, Study Shows

Alternative fuel-powered heavy- and medium-duty vehicles will make up 14% of vehicles sold worldwide in 2035, according to a new study.

July 14, 2014
Business

Accused of Negligence, Wal-Mart Responds to Tracy Morgan Lawsuit

In responding to a lawsuit filed by actor/comedian Tracy Morgan, Wal-Mart says it is sorry one of its trucks was involved in the New Jersey accident that killed one and injured Morgan and two other comedians, and is "committed to doing the right thing for all involved."

July 14, 2014
Business, Fuel

Gasoline Falls to $3.669 a Gallon in Survey

The average for regular gasoline at U.S. pumps fell 3.99 cents in the three weeks ended July 11 to $3.669 a gallon, according to Lundberg Survey Inc.

July 14, 2014