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

Gasoline Prices Rise For Second Time Since June in Survey

The average price of regular gasoline at U.S. pumps rose for the second time since June, climbing 13.2 cents in the past two weeks to $2.32 a gallon, according to Lundberg Survey Inc.

Jessica Summers | Bloomberg News
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Lynn Doan | Bloomberg News
February 23, 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, Safety, Equipment, Logistics, Technology, Autonomous

Safety Groups Petition NHTSA for Collision Avoidance Systems

Several nonprofit safety groups have asked the National Highway Traffic Safety Administration to mandate collision avoidance and mitigation braking systems for new heavy trucks and buses.

Eric Miller | Senior Reporter
February 23, 2015
Business

Home Sales Drop as Lack of Supply Drives Prices Higher

Broad-based price increases put more properties out of reach for American homebuyers in January, becoming the latest hurdle preventing a more robust recovery in residential real estate.

Nina Glinski | Bloomberg News
February 23, 2015
Business

Cargo Backlog at West Coast Ports May Take Eight Weeks to Clear

Ports are coming back to life along the U.S. West Coast after dockworkers resolved a nine-month labor standoff, though the cargo backlog from ships waiting offshore may take eight weeks to clear.

February 23, 2015
Business

Volvo’s North American Deliveries Rise 14%

Volvo Group’s North American truck deliveries increased 14% in January from the same month a year earlier, the company reported.

Michael G. Malloy | Web Editor
February 23, 2015
Business, Government, Safety, Autonomous

Recruiting, Retention Strategies Must Change to Attract New Drivers, ATRI’s Brewster Says

Trucking must change its recruiting and retention practices to attract  women and younger Americans to the industry and keep them employed there, to counter the trend of aging driver demographics, a top industry researcher said.

February 23, 2015
Business, Autonomous

Fleet Executives Say Strong Markets Increase Opportunity to Raise Rates

CORAL GABLES, Fla. — Trucking markets will continue to be solid this year, opening the door for carriers to raise rates at least 4%, fleet executives and analysts said.

February 23, 2015
Letters to the Editor, Business

Letters: Training New Drivers; Fuel-Price Volatility

I just finished watching the LiveOnWeb panel discussion about the driver shortage, and I appreciated how you looked at a very complex problem, packaging issues together that definitely affect driver retention and hiring.

February 23, 2015
Perspective, Business

Opinion: Working on an Effective Driver-Training Rule

On Feb. 10, the Federal Motor Carrier Safety Administration announced the list of industry participants for the Entry-Level Driver Training Advisory Committee.

February 23, 2015
Business, Editorial

Editorial: An Icy TMC

Trucking is quite often referred to as a “resilient” industry. It provides the priceless service of delivering the nation’s goods. The task is carried out with little fanfare — and even less complaining about the hardships and obstacles that have to be overcome every day.

February 23, 2015