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, Technology

PeopleNet Announces Acquisition of Cadec to Expand Reach in Private-Fleet Sector

Trucking technology supplier PeopleNet announced it acquired Cadec Global Inc. in a move that expands the company’s reach in the food-service and private-fleet sectors.

June 1, 2015

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.

Government, Business

Sen. Tom Carper: Devolution Would Hurt US in Bid to Remain Competitive Globally

WASHINGTON — As the Senate prepares to consider a six-year highway funding measure, Sen. Tom Carper (D-Del.) said efforts that would limit the federal government’s involvement in infrastructure projects would hurt the country.

June 1, 2015
Business, Fuel

Diesel Average Up 1¢ to $2.914 In 6th Consecutive Increase

Diesel’s average U.S. price rose 1 cent to $2.914 a gallon last week, the sixth straight increase, the Department of Energy reported.

June 1, 2015
Business

Used-Truck Transactions Rise 4% in 1Q

Used-truck transactions grew nearly 4% in the first quarter, and average pricing has continued to escalate in recent months as newer, more valuable models have become available, according to recent industry reports.

June 1, 2015
Government, Business

House Panel to Consider Fiscal ’16 Highway Funding Bill

The House Rules Committee will look to pave the way for floor consideration on a fiscal 2016 transportation funding bill June 1 at 5 p.m. EDT.

Eugene Mulero | Senior Reporter
May 29, 2015
Government, Business

FMCSA Advisory Committee Recommends Hours-Based Training Program

WASHINGTON — A special federal advisory committee ironing out the details of a potential entry-level driver training rule finished its work May 29 but only after a vigorous debate over whether to recommend an hours-based or performance-based on-road training standard for new drivers.

Eric Miller | Senior Reporter
May 29, 2015
Business, Technology

Many High-Tech Firms Adopt ‘Right-Shoring’ Supply-Chain Strategy, UPS Survey Finds

Many high-tech companies have adopted a “right-shoring” strategy for their manufacturing supply chains, an approach that balances factors such as cost, quality and transit time, according to UPS Inc.’s fifth-annual Change in the (Supply) Chain survey.

May 29, 2015
Business

Pasha Group Completes Acquisition of Horizon Lines’ Hawaii Business

The Pasha Group said May 29 it completed its acquisition of the Hawaii trade-lane business of Horizon Lines Inc.

Michael G. Malloy | Web Editor
May 29, 2015
Business, Equipment

Goodyear Offers New Tires, Roadside Service at Three Retread Plants

Goodyear Commercial Tire Systems has opened sales and service departments at its retread plants in Bremen, Georgia; Vernon, California; and Walnut, California.

Seth Clevenger | Managing Editor, Features and Multimedia
May 29, 2015
Business

Vigillo Adds DOT Crash-Data Reporting Tool to Athena Platform

Vigillo has expanded the capabilities of its Athena “big-data” platform with a new reporting tool focused on U.S. Department of Transportation reportable crashes.

Seth Clevenger | Managing Editor, Features and Multimedia
May 29, 2015