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.

Business

Teamsters Union Calls Off Another FedEx Freight Vote

The Teamsters union has withdrawn another election petition at FedEx Freight, the company said, in the latest sign that organizing efforts are losing momentum.

December 10, 2014

Daily Briefings from Transport Topics

Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.

Business, Logistics

Direct Trailer Acquires Antares Trailers in Flatbed Deal

Direct Trailer has acquired Antares Trailers in a deal that combines the capabilities of the two flatbed manufacturers. Financial terms were not disclosed.

December 10, 2014
Business

DOT’s Freight Transportation Index Rises to Record Level

The Department of Transportation’s freight transportation services index rose to an all-time high in October, DOT said Dec. 10.

December 10, 2014
Government, Business

Feds Look to Trucking Industry for Driver Training Committee Members

The Federal Motor Carrier Safety Administration is soliciting applications and nominations from trucking industry stakeholders to serve on an advisory committee to negotiate and help develop proposed regulations for entry-level truck driver training.

Eric Miller | Senior Reporter
December 10, 2014
Government, Business

Highway Funds Fall Low Enough That Republicans Seek Taxes

Falling fuel prices, crumbling roads and bridges and a gridlocked Congress have U.S. states, even those run by Republicans, debating higher taxes.

Mark Niquette | Bloomberg News
December 10, 2014
Government, Business

Senate Panel Approves Rosekind to Head NHTSA

The Senate Commerce, Science, and Transportation Committee on Dec. 9 approved the nomination of Mark Rosekind to become administrator of the National Highway Traffic Safety Administration.

Eugene Mulero | Senior Reporter
December 9, 2014
Business, Technology

Konezny Departing Trimble to Become CEO at Digi

Ron Konezny, a co-founder of PeopleNet and an executive at its parent company, Trimble Navigation Ltd., is leaving the firm later this month to become CEO of Digi International Inc.

Seth Clevenger | Managing Editor, Features and Multimedia
December 9, 2014
Government, Business

Supreme Court Hears Arguments in Alabama Diesel Sales Tax Case

The State of Alabama argued before the U.S. Supreme Court Dec. 9 that just because truckers are exempt from the state’s sales tax on diesel purchases does not mean that railroads are discriminated against because they must pay the tax when buying off-road diesel.

Michele Fuetsch | Staff Reporter
December 9, 2014
Business, Autonomous

Self-Driving Trucks Could Revolutionize Package Delivery, DHL Predicts

While Google Inc. plans to someday unleash driverless cars on public streets, the logistics industry will probably be one of the first training grounds for such automated vehicles.

Richard Weiss | Bloomberg News
December 9, 2014
Business

VIDEO: Holiday Delivery Season Off to Good Start, Says UPS CEO

David Abney, CEO of UPS Inc., which ranks No. 1 on the Transport Topics Top 100 list of the largest U.S. and Canadian for-hire carriers, talks to Trish Regan on Bloomberg Television’s “Street Smart” about the company’s outlook for parcel deliveries during the holiday season.

December 9, 2014