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

ATRI Seeks Driver Input on HOS, Detention Time

The American Transportation Research Institute launched two online surveys targeting commercial truck drivers’ input on critical operational issues.

April 9, 2014
Business

EPA Awards $4.2 Million for Clean Diesel Port Projects

The U.S. Environmental Protection Agency said it will award $4.2 million in grant funding for clean diesel projects at six ports.

April 9, 2014
Business

Cass Freight Index Improves in March

The March Cass Freight Index rose 0.4% over the same month last year and improved 6.6% above February’s level, reflecting an improving market for motor carriers and other transport providers.

Rip Watson | Special to Transport Topics
April 9, 2014
Business, Logistics

Ceva Logistics Opens Foreign Trade Zone in Miami

Ceva Logistics said it has opened a Foreign Trade Zone warehouse in Miami, approved by the U.S. Customs and Border Protection.

April 9, 2014
Business

Wholesale Inventories Rise in February

Wholesale inventories rose 0.5% in February and sales increased, the Commerce Department reported April 9.

April 9, 2014
Government, Business

OOIDA Calls on FMCSA to Extend Medical Certification Deadline

The Owner-Operator Independent Drivers Association has asked the Federal Motor Carrier Safety Administration to extend the registration deadline its members must meet to be certified by a medical professional.

Eugene Mulero | Senior Reporter
April 8, 2014
Business, Fuel

Diesel to Average $3.87 This Summer, DOE Says in Short-Term Energy Outlook

Diesel will average $3.87 a gallon this summer — 2 cents less than last summer and about 9 cents below its current national average price, the Department of Energy reported.

Michael G. Malloy | Web Editor
April 8, 2014
Business

Mack to Add 100 Workers at Pa. Plant

Mack Trucks confirmed that it plans to add about 100 jobs at its assembly plant in Macungie, Pa., during the next few months to meet rising customer demand.

Seth Clevenger | Managing Editor, Features and Multimedia
April 8, 2014
Government, Business

House Democrat Seeks Backing for Infrastructure Bill

Rep. John Delaney (D-Md.) told a House transportation panel that the need to improve roads and bridges nationwide should trump partisan rifts on Capitol Hill as he drummed up support for the legislative fix he introduced last year aimed at upgrading aging infrastructure.

Eugene Mulero | Senior Reporter
April 8, 2014
Business, Logistics

Swift Says Weather Will Affect 1Q Earnings

Swift Transportation Co. said it expects its first-quarter earnings to be 11 to 13 cents per share, lower than previously expected, due to severe weather.

April 8, 2014