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, Fuel

NTSB Urges Increased Safety Requirements for Oil Tank Cars

The National Transportation Safety Board on April 6 urged hazardous material regulators to step up requirements for replacing or retrofitting tank railcars that carry flammable liquids such as crude oil and ethanol with better thermal protection.

Eric Miller | Senior Reporter
April 7, 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, Fuel

Diesel Average Falls Another 4¢, to $2.784 a Gallon

Diesel’s national average price fell 4 cents for a second straight week, to $2.784 a gallon, while gasoline took its biggest drop since January, the Department of Energy reported April 6.

Michael G. Malloy | Web Editor
April 7, 2015
Government, Business, Safety

Arkansas Truckers Now Operating With Anti-Indemnification Protection

Arkansas has become the 42nd state to protect truckers against having to choose between losing a load or signing a contract that makes them liable for any and all accidents, regardless of who is to blame.

Michele Fuetsch | Staff Reporter
April 6, 2015
Government, Business, Safety

Texas, Indiana Counties Issue Most CSA Points, Vigillo’s Bryan Says

An inordinate number of inspection violations issued in several counties in Texas and Indiana are examples of “disparate enforcement” that limits the effectiveness of the federal Compliance, Safety, Accountability program, according to the head of a data analytics firm.

Eric Miller | Senior Reporter
April 6, 2015
Business

Marijuana on Store Shelves Creates Colorado Cargo-Hauling Niche

At a farm in the foothills of Colorado’s Rocky Mountains, Corey Young tucks his client’s marijuana into a shoe box-sized container in an unmarked white van and heads out on the road.

Katherine Chiglinsky | Bloomberg News
April 6, 2015
Business

USA Truck CEO John Simone Takes Medical Leave

USA Truck CEO John Simone, 53, is taking a medical leave “to address issues relating to a serious medical condition," the truckload carrier said April 6.

Michael G. Malloy | Web Editor
April 6, 2015
Business

Service Industries Grow at About Same Pace as Prior Month

Service industries grew in March at about the same pace as a month earlier, indicating the biggest part of the U.S. economy is holding up.

April 6, 2015
Business, Fuel

Record Gasoline Output to Curb Biggest US Oil Glut in 85 Years

Refiners are poised to make gasoline at a record pace this year, keeping the biggest U.S. crude glut in more than 80 years from overflowing storage.

Dan Murtaugh | Bloomberg News
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Sheela Tobben | Bloomberg News
April 6, 2015
Government, Business, Safety

Rep. Bill Shuster, Colleagues Discuss Transportation in Pennsylvania This Week

Rep. Bill Shuster, the top transportation authorizer in the U.S. House, has assembled a group of fellow lawmakers and transportation officials for a two-day tour of his home state of Pennsylvania to meet with stakeholders to discuss ways of improving aging infrastructure.

Eugene Mulero | Senior Reporter
April 6, 2015
Perspective, Business

Opinion: It’s Time to Step Up Support for ATRI

In creating the American Transportation Research Institute nearly 15 years ago, the trucking industry launched a plan to provide credible research focused on the industry’s top priorities.

April 6, 2015