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

Quality Distribution’s First-Quarter Income Declines

Quality Distribution Inc. reported its first-quarter net income declined in part on severe weather conditions.

May 5, 2014
Business

James Oberstar Dies; Was Former House Transportation and Infrastructure Chairman

Former House Transportation and Infrastructure Chairman James Oberstar died May 3. He was 79.

Michele Fuetsch | Staff Reporter
May 5, 2014
Business, Logistics

Intermodal Shipments Rise 2.6%, IANA Reports

The Intermodal Association of North America said that intermodal volume in the first quarter rose 2.6% in spite of winter weather that slowed economic activity.

May 5, 2014
Business

Gasoline Rises to $3.722 a Gallon in Lundberg Survey

The average price for regular gasoline rose 3.07 cents in the past two weeks to $3.722 a gallon, according to Lundberg Survey Inc.

May 5, 2014
Business, Logistics, Equipment

Interstate Distributor to Install Tracking Technology on Trailer Fleet

SkyBitz said its trailer-tracking system has been selected by Interstate Distributor for its fleet of trailers.

May 5, 2014
Business

Service Sector Expands at Fastest Pace in Eight Months

Service industries expanded in April at the fastest pace in eight months, a sign the biggest part of the economy will bolster growth this quarter.

May 5, 2014
Government, Business

Senate Panel to Review Cash-Strapped Highway Trust Fund May 6

Senate tax writers will examine ways to keep the Highway Trust Fund’s road and transit programs funded before the account runs out of money later this summer.

Eugene Mulero | Senior Reporter
May 5, 2014
Editorial, Government, Business

Editorial: So Close, and Yet...

For years, trucking has been pleading for government officials to take seriously the need for a well-funded, long-term surface transportation plan, not because it is convenient for the industry but because it is a demonstrated necessity for the nation’s long-term economic health.

May 5, 2014
Perspective, Business

Opinion: The Secret Weapon for Retaining Drivers

Driving trucks is more a lifestyle than a job, and it’s not for everyone. Drivers often work in the small hours of the night, live on the road for weeks at a time in cramped quarters and pilot big rigs through city streets in maneuvers roughly equivalent to steering the Queen Elizabeth 2 up a creek.

May 5, 2014
Letters to the Editor, Business

Letters: Carriers’ Dilemma, Higher Productivity, Merging Ports

The writer of the letter headlined “Carriers’ Dilemma” in the April 21 Letters to the Editor section (p. 8) risked appearing naïve, but I would echo his sentiments about who unloads a truck and who pays for it, and raise a related concern: Why does the truck delivering a sealed load have to wait while the pallets are broken down and the individual items that constitute the load are checked in?

May 5, 2014