Business
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.
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, 20132 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, 2013Diesel 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, 2013U.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, 2013ABF, 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, 2013Trucking 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, 2013Authorities 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, 2013Consumer Confidence Rises in May
Consumer confidence rose in May, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
May 31, 2013Chicago Manufacturing Activity Expands in May
Manufacturing activity in the Chicago area expanded in May, the Institute for Supply Management-Chicago said Friday.
May 31, 2013Personal Spending Drops 0.2% in April
Personal spending fell 0.2% in April, the Commerce Department reported Friday.
May 31, 2013