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, Technology, Equipment, Safety

NHTSA Releases Electronic Stability Control Rule

The National Highway Traffic Safety Administration on June 3 released its long-awaited final rule on stability control, saying it will affect Classes 7-8 trucks in two years.

Jonathan S. Reiskin | Associate News Editor
June 3, 2015

Truckbase Business Overview, Features, Reviews 2024

Truckbase has emerged as the next-generation truck dispatch software leader with its suite of easy-to-use tools for truckload carriers.

Business

Stemco Agrees to Buy Veyance Air Springs Unit

Trucking supplier Stemco has agreed to buy Continental AG’s Veyance-North America air springs business in North America in an effort to expand in that market.

June 3, 2015
Business

Mack Introduces Low-Entry Refuse Model

Mack Trucks Inc. has introduced a new low-entry cabover model designed for refuse operations that require high maneuverability, driver comfort and visibility.

June 3, 2015
Business

Amazon Debuts Free Shipping on Small Goods With No Minimum Order

Amazon.com Inc. is introducing free shipping on thousands of popular, smaller items — makeup, mobile phone accessories, earplugs — in its Web store, without requiring a minimum order.

June 3, 2015
Business

Trade Gap Narrows as Imports Fall

The trade deficit in the United States narrowed more than forecast in April as imports receded, signaling merchandise flows were returning to normal after a port-related surge.

Sho Chandra | Bloomberg News
June 3, 2015
Business

Tennessee Trucking Foundation Pledges $50,000 to TMAF

The Tennessee Trucking Foundation announced it is making a $50,000 contribution to Trucking Moves America Forward over the next five years.

June 2, 2015
Business, Logistics

Echo Global Completes Purchase of Command Transportation

Echo Global Logistics Inc. has completed its previously announced $420 million acquisition of Command Transportation, combining two of the eight largest freight brokerage firms in North America.

June 2, 2015
Business

FedEx Retires 15 Cargo Planes, Takes $246 Million Charge

FedEx Corp. said it has retired 15 aircraft and 21 engines and that it recorded a non-cash impairment charge of $246 million in May.

Michael G. Malloy | Web Editor
June 2, 2015
Government, Business

Amtrak Chief Joe Boardman: ‘Economy Will Begin to Suffer’ if Infrastructure Not Improved

WASHINGTON — Amtrak chief Joe Boardman on June 2 told House lawmakers that aging infrastructure across modes of transportation around the country needs to be modernized to improve the flow of goods and accommodations for travelers.

Eugene Mulero | Senior Reporter
June 2, 2015
Business, Fuel

Diesel Price Dips a Half-Cent to $2.909 in First Decline in Seven Weeks

Diesel’s average price dipped a half-cent to $2.909 a gallon, the first downturn in seven weeks, the Department of Energy reported June 1.

Michael G. Malloy | Web Editor
June 2, 2015