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, Logistics

DHL Opens Larger Hub in Bid to Grow U.S. Share

ERLANGER, Ky. — DHL Express officially opened the $46 million expansion of its U.S. air hub here in an effort to build market share and sustain double-digit package and express volume growth.

June 17, 2013
Business, Logistics

Truckers, City of Long Beach File Lawsuits to Stop $500 Million BNSF Railway Terminal

Five California motor carriers, the city of Long Beach and an environmental group have filed lawsuits attempting to block construction of a $500 million BNSF Railway intermodal terminal near the Port of Los Angeles.

June 17, 2013
Editorial, Business

Editorial: Clarity in L.A., Thankfully

Trucking officials have always said they are most willing to take part in Southern California’s campaign to clean up the air around its two great container ports. But it became clear very early on that the Port of Los Angeles was pursuing a regulatory agenda far beyond air quality.

June 17, 2013
Perspective, Business

Opinion: Handle With Care: Whistle-Blower Claims

An ever-increasing legal risk faced by interstate motor carriers, transportation intermediaries and private fleets involves disciplined or discharged drivers lodging whistle-blower claims against their employers.

June 17, 2013
Business

Fleets Say Woes Continue Despite New Chassis Rule

Intermodal truckers, who have been fighting since 1997 to improve chassis maintenance, say that goal remains elusive today, four years after the rule meant to address the problem went into effect.

June 17, 2013
Business

Michigan to Study Split Truck-Car Speed Limits to Determine if There Are Safety Benefits

Researchers at Wayne State University in Detroit have been given a $175,000 grant to study whether different freeway speed limits for cars and trucks make roads safer or more dangerous.

June 17, 2013
Business

Navistar’s Fiscal 2Q Loss Widens

Navistar International Corp.’s fiscal second-quarter loss more than doubled from a year earlier to $374 million because of slumping sales, a trend company executives said is being reversed as demand grows.

June 17, 2013
Business

Wash. I-5 Bridge May Reopen This Week

Officials in Washington state said the Interstate 5 bridge over the Skagit River could reopen to traffic as early as this week, as crews work to install the temporary replacement of the span that collapsed May 23.

June 17, 2013
Business, Fuel

Diesel Prices Slip Again to $3.849 While Gasoline Inches Upward

U.S. retail diesel prices continued their downward slide, dipping 2 cents more a gallon last week, the third straight decline, pushing the national average down to $3.849, the Department of Energy reported.

June 17, 2013
Business

Industrial Production Unchanged in May

Industrial production was unchanged in May as utility output dropped, the Federal Reserve said.

June 14, 2013