Business
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.
Va. Gov. McAuliffe Says Congressional Inaction Imperils Road Projects
ARLINGTON, Va. — Virginia’s governor said his state will soon have to begin shutting down transportation improvement projects if Congress does not fund and reauthorize the federal Highway Trust Fund before the end of this month.
Best Carrier TMS Software in 2024: How to Choose
Transitioning from basic load board tools or spreadsheets to an advanced, integrated Transportation Management System (TMS) is a critical step for mid-sized truckload carriers aiming to scale effectively and sustain long-term competitiveness.
Sen. Fischer Proposes Infrastructure Bank Legislation
With less than two weeks before funding authority for transportation projects expires, Sen. Deb Fischer (R-Neb.) on May 12 introduced legislation that would establish an infrastructure bank.
May 12, 2015Replay: LiveOnWeb Tackles Highway Funding Issue
Watch the replay: With the clock ticking for Congress to come up with a road funding plan, LiveOnWeb penetrates to the heart of the matter: How do we overcome this perpetual highway funding roadblock?
May 12, 2015Trucking Tops $700 Billion Revenue Mark
Trucking industry revenue set a record last year, reaching $700.4 billion, American Trucking Associations reported.
May 12, 2015DOE Boosts 2015 Diesel-Price Forecast But Lowers 2016 Outlook
The Department of Energy bumped its forecast for 2015 diesel prices up by 2 cents to $2.88 a gallon, but lowered its 2016 forecast by 12 cents.
American Society of Transportation and Logistics, APICS to Merge
The American Society of Transportation and Logistics and APICS, an association representing supply chain and operations management professionals, have agreed to merge.
May 12, 2015Policymakers, Financiers Agree on Infrastructure Crisis, but Not on Funding Mechanisms
WASHINGTON — Policymakers and Wall Street veterans made pleas May 11 for greater investment in the nation’s infrastructure but acknowledged the stumbling block is still the same — how to pay for it.
P3s See Federal Inaction as Elevating Their Importance
WASHINGTON — The biggest challenges facing infrastructure public-private partnership proposals are in persuading public officials and taxpayers to accept some level of financial and possibly environmental risk, and in convincing public employees they won’t lose their jobs, a panel of P3 supporters said at a May 11 “Infrastructure Week” event.
Diesel Average Rises 2.4¢ to $2.878 a Gallon in Fourth Straight Increase
Diesel’s national average price rose for the fourth straight week, climbing 2.4 cents to $2.878 a gallon, the Department of Energy reported May 11.
Top T&I Dems Request Hearing on Long-Term Highway Bill
The top two Democrats on the House Transportation and Infrastructure Committee are pressing the panel’s chairman and the chamber’s top tax policy authorizer to schedule a joint hearing very soon that focuses on a long-term highway bill.