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.
Port of Los Angeles Sets $1 Billion Budget
The Board of Harbor Commissioners at the Port of Los Angeles approved a $1 billion budget for fiscal year 2015-2016 for the period beginning July 1.
June 9, 2015TT Podcasts: RoadSigns
Check out Transport Topics' updated Top 100 list of the largest logistics companies in North America, and explore how the industry's top players have adapted to a tough freight market and are preparing for the future.
Job Openings Rise in April to More Than 14-Year High
Job openings in the United States increased to the highest level in more than 14 years, showing the labor market was solidifying gains even as the economy emerged from a first-quarter funk.
XPO Logistics Acquires Norbert Dentressangle Shares
XPO Logistics Inc. announced it has acquired control of French logistics operator Norbert Dentressangle SA by acquiring the 67% ownership stake held by founder Norbert Dentressangle and his family.
June 8, 2015Diesel National Average Drops 2.5¢ to $2.884 in Second Straight Decline
Diesel fuel’s national average price fell for a second consecutive week, sliding 2.5 cents to $2.884 a gallon, the Department of Energy said June 8.
NTSB Calls for Collision Avoidance Systems to Be Standard
The National Transportation Safety Board on June 8 issued a recommendation that collision avoidance systems be standard equipment on all new cars and commercial trucks.
Wabash, Larsen Settle Trailer-Height Lawsuit
Michigan-based carrier Larsen Trucking Inc. recently reached a settlement with trailer maker Wabash National Corp. and one of its dealers in a legal dispute over 40 custom-ordered trailers that the trucking firm said exceeded legal height limits.
Detroit Exhibit Celebrates Invention of Semi-Trailer
An exhibit has opened in Detroit that celebrates the invention of the semi-trailer a century ago.
June 8, 2015Car Hauler Union Contract Talks to Begin
Major car haul carriers and the Teamsters are beginning talks June 10 on a contract to replace the current agreement that expires Aug. 31.
June 8, 2015Port of LA to Test Cargomatic Service, Seeks to Speed Freight Movement
The Port of Los Angeles, the largest U.S. container cargo facility, announced testing of a load-matching service that is designed to speed container cargo shipments through the port.
June 8, 2015Despite Diesel’s Decline, Nat Gas Seen as Challenger to Oil’s Monopoly as Transportation Fuel
Despite the recent downturn in the price of oil, the use of natural gas as a transportation fuel could displace more than 1.5 million barrels a day of oil demand by 2030, according to a new report.
June 8, 2015