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, Fuel

Lower Speed Limits Part of Safety Proposal for Oil Trains

Trains carrying crude oil will be restricted to a 40 mph speed limit in populated areas such as New York under an order by the U.S. Department of Transportation in response to a series of derailments.

Jim Snyder | Bloomberg News
April 17, 2015

Best Trucking Software 2024

For growing asset-based carriers, ensuring you have the right trucking software is essential for managing fleets, optimizing operations, and winning more higher-paying loads.

Business

ATA Honored with Special Merit Award From SmartWay

American Trucking Associations has been named one of seven national SmartWay Affiliate Challenge Award winners by the Environmental Protection Agency and one of only three to merit special recognition.

Michele Fuetsch | Staff Reporter
April 17, 2015
Business, Logistics

Tiger Cool Express Says New Investment Will Support Its Container-Fleet Expansion

Tiger Cool Express, a temperature-controlled intermodal carrier, said Wood Creek Capital Management has purchased an ownership interest in the company to support the “rapid” expansion of its refrigerated container fleet.

April 17, 2015
Fuel, Business, Technology

Ford, Telogis Expanding Telematics Partnership to Europe

Ford Motor Co. and technology supplier Telogis said they have expanded their commercial-vehicle telematics partnership to the United Kingdom, with other European markets to follow this summer.

April 17, 2015
Business, Government, Autonomous

Canal Insurance Partners with Lytx to Offer DriveCam

Trucking insurance provider Canal Insurance Co. is partnering with Lytx Inc. to offer its customers video-based driver safety programs at preferred pricing, the firms announced in a joint statement.

April 17, 2015
Government, Business

Sec. Anthony Foxx: ‘More States Pulling Back Because of the Federal Funding Uncertainty’

WASHINGTON — Days after Senate transportation leaders said they would take up a long-term highway bill, Transportation Secretary Anthony Foxx reminded a group here that many states would be forced to scale back projects if Congress does not advance such a plan before a May deadline.

Eugene Mulero | Senior Reporter
April 17, 2015
Business

Volvo Financial Services Appoints Marcio Pedroso President of Americas Region

Volvo Financial Services appointed Marcio Pedroso president of its Americas region, succeeding Leo Hawkes, who retired after 13 years with VFS, the company announced April 16.

Michael G. Malloy | Web Editor
April 17, 2015
Business

Scania to Provide Engines for Some Oshkosh Trucks

European truck and engine maker Scania has entered into a partnership with U.S.-based specialty truck maker Oshkosh Corp., in which Scania will deliver low-emission engines for airport product vehicles produced by Oshkosh.

April 17, 2015
Government, Business

FMCSA, NHTSA Delay Safety Fitness, Speed Limiter Proposed Rules

The Federal Motor Carrier Safety Administration is delaying publication of its proposed safety fitness-determination rule by another month, until Aug. 17, the agency said in its April significant rulemakings report.

Eric Miller | Senior Reporter
April 17, 2015
Business

UTi Appoints Ditlev Blicher, Hessel Verhage to Lead Freight Forwarding Business

UTi Worldwide Inc. has appointed Ditlev Blicher and Hessel Verhage as co-presidents of the company’s global freight forwarding business.

April 17, 2015