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, Safety

West Coast Ports Report Higher Cargo Volumes in May

Three West Coast ports have reported higher cargo volumes in May compared with a year earlier.

Seth Clevenger | Managing Editor, Features and Multimedia
June 17, 2015

TT Podcasts: RoadSigns

Volvo's Chayene de Souza and Magnus Gustafson discuss how new, connected trucks can boost business, enhance safety practices, and reinforce preventative maintenance plans.

Business, Logistics

RoadOne IntermodaLogistics Receives Investment From Private Equity Firm

RoadOne IntermodaLogistics said it has received an investment from Tritium Partners, a private equity firm based in Austin, Texas.

June 17, 2015
Business, Technology

J.J. Keller Offers ALK Navigation on Compliance Tablet

J.J. Keller & Associates has added ALK Technologies’ CoPilot Truck navigation software as an option on the J.J. Keller Compliance Tablet.

June 17, 2015
Government, Fuel, Business, Safety

ATA's Graves: Fuel Tax ‘Viable Revenue Source’ for Trust Fund

WASHINGTON — American Trucking Associations President Bill Graves told House lawmakers June 17 increasing fuel taxes would ensure investments for highway programs are met for the next several years.

Eugene Mulero | Senior Reporter
June 17, 2015
Business

Amazon Considering Skipping Carriers, Paying Regular People to Deliver Packages

Amazon.com is developing an app that would pay regular people, rather than carriers like UPS Inc., to deliver packages, the Wall Street Journal reported.

June 17, 2015
Government, Business

Obama’s Fast-Track Trade Bill Set for New Vote in House

The House plans to vote June 18 on a bill to revive President Obama’s fast-track trade proposal, members were told June 17.

Carter Dougherty | Bloomberg News
June 17, 2015
Business, Fuel

US Drivers Take Equivalent of 3,900 Trips to the Sun as Refiners Churn Out Gasoline

Oil supplies are abundant. America’s refiners are running the hardest in 10 years. So why isn’t the country awash in gasoline?

June 17, 2015
Business

FedEx Adjusted Net Income of $753 Million Reflects Improved Unit Results

FedEx Corp. reported net income, excluding one-time costs, of $753 million, or $2.66 per share, for its fiscal fourth quarter ending May 31 that included improved results at the Express, Ground and Freight units.

June 17, 2015
Government, Fuel, Business

Blumenauer: Congress 'Not Keeping Up Our End of the Bargain'

WASHINGTON — Rep. Earl Blumenauer (D-Ore.) called on colleagues to back legislation he introduced this year that would increase fuel taxes to pay for infrastructure projects during a House Ways and Means Committee hearing on June 17.

Eugene Mulero | Senior Reporter
June 17, 2015
Government, Business

White House, Republicans Lack Plan to Get Vote on Trade Bill

The Obama administration and Republican leaders don’t have a clear plan to resurrect the president’s trade agenda and are giving themselves until the end of July to find a way to overcome resistance from congressional Democrats.

Billy House | Bloomberg News
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June 16, 2015