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.

Perspective, Business, Logistics

Opinion: Intermodal: An Infrastructure Success Story

Moving America forward. Designed to move a nation. These aren’t just slogans — they’re mission statements for two industries that are critical pieces of the U.S. economy.

May 12, 2014
Editorial, Government, Business

Editorial: Transport Policy Heroes

The recent death of former Rep. James Oberstar, paired with last month’s retirement announcement from Rep. Tom Petri, leaves us casting about for heroes in transportation who would work in the manner of the late Minnesota Democrat and the departing Wisconsin Republican.

May 12, 2014
Business

LTLs Using Dimension Scanners to Improve Pricing Accuracy

YRC Worldwide, in an effort to boost profits, has joined a growing number of less-than-truckload carriers to use dimensioners, a type of scanning device, to more accurately determine shipment characteristics.

May 12, 2014
Business

OEMs Predict 10% Share For Nat-Gas Trucks by 2020

LONG BEACH, Calif. — Executives with truck manufacturers said they agree with their projections from a year ago that natural-gas trucks will account for 10% of the Class 8 market by 2020.

May 12, 2014
Business

USDA Seeks Massive Fee on Truck-Borne Imports

The U.S. Agriculture Department has proposed recouping costs associated with animal and plant inspections by raising fees for all truck-borne imports by 205%.

May 12, 2014
Business

Prices for Used Trucks Beginning to Ease as More Become Available, Analysts Say

Used Class 8 truck prices have begun to ease but remain near historic levels on continued strong demand, analysts said.

May 12, 2014
Business

CARB Grants Smaller Carriers More Time to Comply With State’s New Regulations

The California Air Resources Board has adopted amendments to its truck and bus regulation that will give mostly small, rural and low-mileage motor carriers more time to achieve compliance, exasperating larger carriers.

May 12, 2014
Business

Former Rep. James Oberstar Dies at 79, Was Influential Figure in Transport Policy

Former Rep. James Oberstar, a leader in transportation policymaking and chairman of the House Transportation and Infrastructure Committee, died on May 3. He was 79.

May 12, 2014
Business

Senate to Unveil Transport Bill as Hearings Focus on Funding

WASHINGTON — Senate leaders said late last week that a six-year transportation reauthorization bill that would maintain current spending levels will be introduced May 12.

May 12, 2014
Business, Logistics

XPO Pursues Acquisitions

XPO Logistics continues to pursue acquisitions in its core brokerage and expedited freight businesses, and may branch out to contract logistics, as well, CEO Bradley Jacobs told Transport Topics.

May 12, 2014