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

Three Carriers Are Honored for Improving Driver Health

Three truckload carriers recently won awards for helping drivers battle the widespread occurrence of obesity, diabetes and respiratory problems — even as a new report from the U.S. Centers for Disease Control and Prevention emphasized the poor state of health for most longhaul truck drivers.

January 27, 2014
Business

First-Time Tolls Slashed for Tunnels to Va. Port

Newly elected Virginia Gov. Terry McAuliffe (D) announced a nearly 50% reduction in the tolls that will be charged for the first time, starting Feb. 1, at two tunnels leading into the East Coast’s third-largest port.

January 27, 2014
Business

Officials Seek More Traffic Enforcement For Trucks to Reduce Highway Crashes

Traffic-enforcement inspections of trucks have been dwindling in recent years, even though safety officials say they are particularly useful in reducing highway crashes.

January 27, 2014
Business

YRC Teamsters Voting on Contract Extension as Carrier Faces $69 Million Debt Repayment

Teamsters members at YRC Worldwide Inc. were voting late last week on a revised contract-extension proposal, which is on a fast track because the carrier’s first $69 million of debt repayment looms in less than three weeks.

January 27, 2014
Business

Templin Succeeds Kennedy as Chairman of Con-way Inc.

Con-way Inc. announced that Roy Templin has succeeded Keith Kennedy Jr. as chairman of the carrier’s board of directors.

January 24, 2014
Business, Logistics

December Trailer Orders Slip 4.5%

U.S. trailer manufacturers received 29,164 new orders in December, down 4.5% from the same month a year earlier but up 13.6% from November’s total, ACT Research Co. reported.

Seth Clevenger | Managing Editor, Features and Multimedia
January 24, 2014
Business

FTR Trucking Conditions Index Dips in November

Business conditions for trucking worsened in November from the previous month but were still positive overall, industry analysis firm FTR said.

January 24, 2014
Business, Logistics

Intermodal Rail Traffic Rises 8.2% for Week

U.S. rail intermodal traffic increased 8.2% in the week ended Jan. 18 compared with the same week last year, the Association of American Railroads reported.

January 24, 2014
Business, Fuel, Government, Autonomous

Forward Air to Buy Central States Trucking

Forward Air Corp. said it will buy Central States Trucking Co. for $95.6 million.

January 24, 2014
Government, Business

FTA’s Rogoff Named Acting Undersecretary at DOT

Federal Transit Administrator Peter Rogoff is filling the position of undersecretary for policy at the U.S. Department of Transportation on an acting basis, Bloomberg News reported.

January 24, 2014