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, Government, Logistics

Seattle Taps Ex-Polar Executive to Head Port

Ted Fick, former CEO of trailer maker Polar Corp., has been selected as CEO at the Port of Seattle to replace Tai Yoshitani, who is retiring at the end of this month.

Rip Watson | Special to Transport Topics
September 5, 2014

Best Trucking Invoicing Software for Growing Carriers

Managing invoices and billing efficiently is crucial for maintaining cash flow and ensuring business growth.

Business

Ridewell Launches New Trailer Suspension

Ridewell Suspensions said it is launching a new trailer suspension designed to reduce weight while maintaining overall durability.

September 5, 2014
Government, Business, Technology

DOT Webinars to Focus on ‘Future of Freight,’ Aviation

The Department of Transportation has scheduled public webinars beginning Sept. 8 on proposals to improve the movement of freight across transportation networks and ways to advance aviation technologies in the coming years.

Eugene Mulero | Senior Reporter
September 5, 2014
Business

Video System to Alert Truck Drivers to Parking Spaces at Minnesota Rest Stops

Transportation officials in Minnesota have deployed a new video technology system at three rest stops along the Interstate 94 corridor near the Twin Cities to help truckers find safe places to park.

Eric Miller | Senior Reporter
September 5, 2014
Business

Eaton Unveils Medium-Duty Procision Transmission

MARSHALL, Mich. — Eaton Corp. unveiled a new automated transmission for Classes 6-7 medium-duty trucks that company officials said will boost fuel economy 8% to 10% over torque-converter automatics.

Michael G. Malloy | Web Editor
September 5, 2014
Business, Fuel

Anheuser-Busch Converts Houston Fleet to CNG

Anheuser-Busch is converting its fleet of 66 diesel trucks in Houston to compressed natural gas-powered engines.

September 5, 2014
Business

Trucking Loses 800 Jobs in August as Unemployment Rate Declines

Trucking lost 800 jobs in August as the economy added 142,000 jobs and the unemployment rate declined to 6.1%, the Labor Department reported.

September 5, 2014
Business

FMCSA’s Deborah Freund Dies at Age 57

Deborah Freund, who for nearly two decades helped lead trucking safety initiatives at the Federal Motor Carrier Safety Administration, died of breast cancer on Aug. 28. She was 57.

Eugene Mulero | Senior Reporter
September 5, 2014
Business

Oberon’s DME Fuel Gets ‘Renewable’ Designation

The U.S. Environmental Protection Agency has designated biogas-based dimethyl ether from Oberon Fuels as a renewable fuel eligible for renewable identification numbers, or RINs.

September 5, 2014
Business, Logistics

Intermodal Rail Volume Rises 4.3% in August

Intermodal rail volume for August rose 4.3% compared with the same time last year, the Association of American Railroads reported.

September 5, 2014