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, Safety, Autonomous

Driver-Training Panel Reaches Midway Point With Many Critical Issues Still Unresolved

Though halfway through its scheduled meetings to standardize training regulations for entry-level truck drivers, a Federal Motor Carrier Safety Administration advisory panel still is identifying issues for discussion despite its May 29 deadline.    

April 20, 2015
Business

Shift Toward Density-Based Pricing Depends on Shippers, LTL Execs Say

ORLANDO, Fla. — Wider use of density-based pricing in the less-than-truckload industry will depend on shippers’ willingness to gradually adapt their habits and technology, industry officials said.

April 20, 2015
Business

ATA Upset Feds Withholding Hair-Testing Deliberations

American Trucking Associations said the federal government has failed to comply with a freedom of information request for transcripts of deliberations about the use of hair testing to detect drug use in truck drivers.

April 20, 2015
Business

Experts Say Capacity Is More in Balance

ORLANDO, Fla. — Trucking supply and demand has been more balanced so far in the second quarter than a year earlier, but rates are continuing to rise because shippers have changed their freight-buying strategy, industry experts said.

April 20, 2015
Business, Fuel

GE to Sell Financial Units, Plans to Exit Trucking

General Electric Co. said it will sell most of its GE Capital assets in the next two years, effectively securing the company’s exit from the trucking industry.

April 20, 2015
Business

Celadon Names Executives to New Appointments

Celadon Group Inc. announced several promotions within to its senior management team. The changes are effective immediately.

Michael G. Malloy | Web Editor
April 17, 2015
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
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