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

Cass Freight Index Rises Less Than 1% in February

The Cass Freight Index, a measure of shipping activity in trucking and other transportation modes, increased in February and expenditures also rose, Cass Information Systems said.

March 11, 2015
Government, Business, Safety, Fuel, Autonomous

Science Group Urges Strong Greenhouse Gas Rule

The Union of Concerned Scientists wants two federal agencies to set a rigorous standard for improvement in their rule on greenhouse gas emissions by heavy- and medium-duty trucks, which is due by the end of March.

Jonathan S. Reiskin | Associate News Editor
March 11, 2015
Business, Logistics

Intermodal Traffic Rises for First Time in Four Weeks

U.S. rail intermodal traffic rose for the first time in four weeks, rising 4% in the week ended March 7 compared with the same week last year, the Association of American Railroads reported.

March 11, 2015
Business

Seat Belt Tickets Peak in Summer, Vigillo Says

Citations for failure to use seat belts have a seasonal component — peaking in the summer and falling in the winter — according to a report from data analysis company Vigillo.

Jonathan S. Reiskin | Associate News Editor
March 11, 2015
Business

New Program at Port of L.A. to Speed Up Cargo Shipments

The Port of Los Angeles has implemented a new program to speed cargo to clear the backlog of containers and move shipments faster in the future.

March 11, 2015
Business

New TCA Chairman Keith Tuttle: Image Is Huge Issue For Industry

KISSIMMEE, Fla. — Keith Tuttle, incoming chairman of the Truckload Carriers Association, believes his role comes with a mission to deliver to the industry and the American public the message about the good works, and successful outcomes, that truckers can achieve.

Rip Watson | Special to Transport Topics
March 11, 2015
Government, Business

Teamsters, Safety Groups Sue DOT Over Opening Border to Mexican Carriers

The Teamsters union and two highway safety advocate groups have filed suit against the U.S. Department of Transportation over DOT’s recent decision to open the border to Mexican trucks.

Michele Fuetsch | Staff Reporter
March 10, 2015
Business

Trucking Market 'Very Exciting,' Analyst John Larkin Tells TCA

KISSIMMEE, Fla. — Trucking conditions are favorable this year due to tight capacity and could become even better in the next three years if demand grows and supply of drivers can’t keep pace, an industry analyst said.

Rip Watson | Special to Transport Topics
March 10, 2015
Business, Fuel

Three Trucking Companies Settle With Pilot in Fraud Case

Attorneys for three trucking companies have filed notices of undisclosed settlement agreements with Pilot Flying J in connection with diesel rebate fraud allegations contained in federal lawsuits filed against the truck-stop operator.

Eric Miller | Senior Reporter
March 10, 2015
Business

TCA Roundup: Supplier Announcements; Association Awards

KISSIMMEE, Fla. — Multiple industry suppliers announced new services or contract acquisitions at the Truckload Carriers Association meeting here, where industry awards also were presented.

March 10, 2015