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.
In Nebraska, Foxx Hopeful Long-Term Funding Effort Has Momentum
The way Anthony Foxx sees it, there's nowhere to go but up. “The good news, I think, is we are close to rock bottom,” the transportation secretary said Aug. 12 about the struggle to get a commitment from Congress to a long-term highway funding bill.
August 13, 2015Breakdown at Indiana Refinery Sends Midwest Gasoline Prices Soaring
For want of a refinery unit in Indiana, oil prices are tumbling in Oklahoma and Alberta while gasoline prices in the Midwest are soaring.
NTDC 2014 Champ Langenhahn Returns as 2015 Finalist
ST. LOUIS — Defending champion Jeffrey Langenhahn, of Con-way Freight and Plover, Wisconsin, is among the drivers who have advanced to today's finals of the National Truck Driving Championships and National Step Van Championships.
August 13, 2015NTDC 2015: Darling, Graves Praise Drivers’ Dedication
ST. LOUIS — Scott Darling, in his first public appearance since his nomination to head the Federal Motor Carrier Safety Administration, thanked the 431 truck drivers competing in the 2015 National Trucking Driving Championships for their “dedication to safety.”
Oil Tumbles to Six-Year Low on Rising Crude Output, Yuan's Devaluation
Oil sank to a six-year low Aug. 13 as rising crude output and signs that China’s economy is weakening increased concern that a global surplus will worsen.
NTDC Drivers Learn to Sweat the Small Stuff
ST. LOUIS — Even the best truck drivers in the nation have to be reminded sometimes that the little things count — or can count against them, in the case of the 2015 National Truck Driving Championships.
ATA Senior Vice President Prasad Sharma to Join Transportation Law Firm
American Trucking Associations Senior Vice President and General Counsel Prasad Sharma is leaving ATA to join the Washington, D.C., office of Scopelitis, Garvin, Light, Hanson & Feary, company officials announced Aug. 13.
August 13, 2015TMC FutureTech 2015 Applications Deadline Extended to Aug. 28
American Trucking Associations’ Technology & Maintenance Council has extended the deadline for the National Student Technician Competition, TMCFutureTech 2015, to Aug. 28.
August 13, 2015Trucking Companies Plan to Add Trailers as Drivers Remain Scarce
Trucking companies are planning to add trailers and capacity as the driver shortage continues, according to a new survey.
August 13, 2015Intermodal Rail Traffic Rises 3.1% for Week, AAR Says
Weekly U.S. intermodal rail traffic rose 3.1% from the same period last year, the Association of American Railroads reported.
August 13, 2015