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

Two New Chassis Pool Options May Offer Relief to Drayage Carriers With Equipment Problems

Two new chassis pool options are emerging for drayage carriers that have been struggling with equipment issues since ocean lines began in 2009 to back away from providing chassis free-of-charge for moving international containers.

January 16, 2012
Business

Graves Says Fuel Taxes Are Better Way to Fund Road Work Than More Tolling

WASHINGTON — U.S. interstate highways are in need of rebuilding and repair, but the use of tolls as a funding source is less efficient than raising the federal fuel tax, said Bill Graves, president of American Trucking Associations.

January 16, 2012
Business

Transport Sector Faces Talent Shortage as Demand for Techs, Engineers Grows

Truck makers and parts suppliers, along with freight carriers and logistics firms, face a shortage of professional and technical talent, transportation industry recruiting specialists said.

January 16, 2012
Business

Trucking Adds 5,100 to Payrolls in December

For-hire carriers added 5,100 new jobs last month, making December the fourth consecutive month in which trucking industry job growth has been positive after slumping late in the summer.

January 16, 2012
Business, Fuel

Diesel Prices on the Rise After Six Weeks of Decline

Retail diesel prices ended six weeks of declines by rising last week for the first time since late November, the Department of Energy reported, as fleet managers said they were bracing for the possible return of $4-a-gallon fuel.

January 16, 2012
Business, Logistics

Trucking Executive Don Schneider Dies at 76

Don Schneider, former president, chairman and CEO of Schneider National Inc. and one of the nation’s most influential trucking executives, died Friday in De Pere, Wis., after a long illness. He was 76.

January 13, 2012
Business

TTNews.com to Be Closed for MLK Day

Transport Topics Online will be closed Monday for the Martin Luther King Jr. Day holiday. Please check back on Tuesday, Jan. 17, for the latest trucking and freight transportation news.

January 13, 2012
Business, Fuel

Clean Energy Outlines Plan for Natural Gas Fueling Stations

Clean Energy Fuels Corp. has unveiled a plan for the first phase of 150 new natural gas fueling stations, and said it anticipates opening 70 stations in 33 states by the end of the year.

January 13, 2012
Business, Logistics

Intermodal Traffic Drops 9.3% for Week

U.S. weekly intermodal traffic fell 9.3% from a year ago, the Association of American Railroads reported.

January 13, 2012
Business, Government, Logistics

Consumer Confidence Hits Eight-Month High

Consumer confidence climbed this month to its highest level in eight months, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

January 13, 2012