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

Port of Seattle Proposes to Expand Terminal 5 for Larger Ships

The Port of Seattle said it proposed to relocate cargo activities from Terminal 5 so the port can reconfigure it to handle larger ships.

May 19, 2014
Business, Government

Georgia Ports Authority to Acquire Four Ship-to-Shore Cranes

The Georgia Ports Authority board said it approved $86.5 million to purchase four ship-to-shore cranes and 20 rubber-tired gantry cranes.

May 19, 2014
Business

Quality Carriers to Expand in Chicago Area

Quality Carriers Inc. said it is expanding its chemical-hauling business in the Chicago area.

May 19, 2014
Business, Fuel

Gasoline Prices Dip 3.5¢ to $3.69, Lundberg Reports

The average U.S. price for regular gasoline fell 3.5 cents in the past two weeks to $3.69 a gallon, the first decline in three months, according to the latest Lundberg Survey of filling stations.

May 19, 2014
Business

Natural Gas Gaining Amid Fuel Options, Panelists Say at Clean Transport Expo

LONG BEACH, Calif. — Speakers at the Alternative Clean Transportation Expo here earlier this month noted challenges and opportunities as heavy-truck operations roll natural gas into their fuel mix, albeit slowly.

May 19, 2014
Perspective, Business

Opinion: Why and How to Improve Driver Health

I recently gave a presentation on why trucking companies should improve driver health, and how to do it.

May 19, 2014
Editorial, Business

Editorial: Whirlwind Week

During a very busy week on Capitol Hill, trucking and other freight transportation executives told legislators about the nation’s desperate need for investment in infrastructure.

May 19, 2014
Business

New Truck Sales Up 13.6%

U.S. retail heavy-duty truck sales totaled 17,776 in April, the highest level thus far in 2014 and 13.6% above the same month a year earlier, WardsAuto.com reported.

May 19, 2014
Government, Business

Senate Panel Passes Road Bill With Focus on Freight Projects

A $265 billion, six-year transportation reauthorization bill approved by a Senate committee last week would require states to spend some of their federal highway money on projects that improve freight mobility.

May 19, 2014
Business, Technology

Low-Cost Mobile Devices Help Small Carriers Access Critical Operating Data, Executives Say

Smart phones and tablets are transforming the way trucking companies manage their operations, with increasing numbers of drivers, fleet managers and their shipper customers using them for work purposes, carriers and analysts said.

May 19, 2014