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.

Government, Business

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, 2015
Business, Fuel

Breakdown 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.

August 13, 2015
Business

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, 2015
Business

NTDC 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.”

Eric Miller | Senior Reporter
August 13, 2015
Business, Fuel

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.

Mark Shenk | Bloomberg News
August 13, 2015
Business

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.

Eric Miller | Senior Reporter
August 13, 2015
Business

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, 2015
Business

TMC 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, 2015
Business, Logistics, Equipment

Trucking 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, 2015
Business, Logistics

Intermodal 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