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.

Editorial, Business

Editorial: Where the News Is

Our reporters daily scour government and business sources for news to keep you fully informed about how actions on both fronts are affecting trucking and freight transportation.

September 8, 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

Transport Firms, Schools Forge Closer Ties to Help Employees Advance Their Careers

Trucking is an industry heavily infused with entrepreneurial, family-owned businesses where learning takes place on the job over time. As companies grow larger and more complex, however, the need for more formal education and training is growing, executives said.

September 8, 2014
Business

Leasing Company Seeks Appeals Court Review after Being Found Partially Liable in Crash

A truck leasing company is seeking an appeals court review of a federal judge’s ruling in a lawsuit alleging a leasing company is “vicariously liable” for potential negligence damages in a fatal 2009 crash in New York.

September 8, 2014
Business

Executives Gather in Calif. for IANA Meeting as Truck-Rail Cargo Growth Accelerates

Executives from the trucking, rail, ocean and equipment industries will gather Sept. 21-23 for the Intermodal Expo as cargo growth continues at a record pace and rail service delays pose challenges in the sector.

September 8, 2014
Business

Navistar Slashes 3rd-Qtr. Loss to $2 Million; Warranty Costs Fall, Production Increases

Navistar International Corp. posted its smallest quarterly loss in two years, narrowly missing the break-even point in its fiscal third-quarter results as warranty costs declined and production levels rose.

September 8, 2014
Business

Teamsters’ Efforts Advance at Con-way, FedEx LTL Units

Teamsters union organizing efforts are advancing at FedEx Freight and Con-way Freight, the two largest nonunion less-than-truckload carriers, according to National Labor Relations Board records.

September 8, 2014
Business

Vehicle-Miles Traveled Increases in 2014 to Highest Level Since 2008, FHWA Says

Cars, trucks and buses logged 1.47 trillion vehicle-miles during the first half of this year, the highest level since 2008, the Federal Highway Administration recently reported.

September 8, 2014
Business, Fuel

Diesel Average Falls to $3.814; Price is Lowest Since July 2012

The average price for a gallon of diesel fuel in the United States fell 0.7 cent to $3.814 a gallon, the lowest level in more than two years, the Department of Energy reported last week.

September 8, 2014
Business

Supply-Chain Firm EnVista Opens Office for Europe, Middle East, Africa

EnVista, a provider of supply chain consulting and information technology services, said it has opened an office in the United Kingdom to serve as its headquarters for Europe, the Middle East and Africa.

September 5, 2014
Business, Equipment

Wabash National to Expand Composites Production

Trailer maker Wabash National Corp. said it plans to invest more than $2 million to expand production operations for its composites business to a facility in Frankfort, Indiana.

September 5, 2014