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, Safety, Government, Autonomous

Work Begins on Temporary Span to Replace Collapsed I-5 Bridge

Crews in Washington state were constructing a temporary span last week to replace a section of bridge on Interstate 5 that collapsed May 23, apparently after it was struck by a truck carrying an oversize load.

June 3, 2013
Business

2 Pilot Workers Plead Guilty in Fuel Rebate Controversy

Two employees of Pilot Flying J pleaded guilty to fraud charges in connection with the federal government’s investigation into allegations the truck-stop chain shorted some trucking customers who participated in its fuel rebate program.

June 3, 2013
Business, Fuel

Diesel Price Dips 1¢ to $3.88

The average price of a gallon of U.S. retail diesel dipped 1 cent to $3.88 last week, continuing a lengthy run of relative stability, the U.S. Department of Energy reported.

June 3, 2013
Government, Business

U.S., Canada Announce Joint Border Infrastructure Investment Plan

The Department of Homeland Security and Canadian officials announced a joint border infrastructure investment plan to reduce border crossing wait times and improve security.

May 31, 2013
Business

ABF, Teamsters Extend Contract to Allow Vote

Arkansas Best Corp. has again extended the contract between its ABF Freight System less-than-truckload unit and the Teamsters union, in order to give union members time next month to approve a tentative labor agreement.

May 31, 2013
Business

Trucking Helping With Oklahoma Tornado Relief Efforts

The trucking industry continues to help relief efforts in Moore, Okla., where last week’s tornado leveled the suburb south of Oklahoma City, killing 24 people and destroying thousands of homes.

May 31, 2013
Business, Safety

Authorities to Audit Maryland Company Involved in Rail Accident

Federal regulators and Maryland state police are planning a “top-to-bottom” review of the safety record of a waste-removal company owned by a trucker who was seriously hurt this week when a CSX freight train hit his truck at an unmarked crossing, the Baltimore Sun reported.

May 31, 2013
Business, Logistics

Consumer Confidence Rises in May

Consumer confidence rose in May, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

May 31, 2013
Business

Chicago Manufacturing Activity Expands in May

Manufacturing activity in the Chicago area expanded in May, the Institute for Supply Management-Chicago said Friday.

May 31, 2013
Business

Personal Spending Drops 0.2% in April

Personal spending fell 0.2% in April, the Commerce Department reported Friday.

May 31, 2013