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.

Government, Business

Highway Funds Fall Low Enough That Republicans Seek Taxes

Falling fuel prices, crumbling roads and bridges and a gridlocked Congress have U.S. states, even those run by Republicans, debating higher taxes.

Mark Niquette | Bloomberg News
December 10, 2014

EDI for Trucking: Everything You Need to Know

Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.

Government, Business

Senate Panel Approves Rosekind to Head NHTSA

The Senate Commerce, Science, and Transportation Committee on Dec. 9 approved the nomination of Mark Rosekind to become administrator of the National Highway Traffic Safety Administration.

Eugene Mulero | Senior Reporter
December 9, 2014
Business, Technology

Konezny Departing Trimble to Become CEO at Digi

Ron Konezny, a co-founder of PeopleNet and an executive at its parent company, Trimble Navigation Ltd., is leaving the firm later this month to become CEO of Digi International Inc.

Seth Clevenger | Managing Editor, Features and Multimedia
December 9, 2014
Government, Business

Supreme Court Hears Arguments in Alabama Diesel Sales Tax Case

The State of Alabama argued before the U.S. Supreme Court Dec. 9 that just because truckers are exempt from the state’s sales tax on diesel purchases does not mean that railroads are discriminated against because they must pay the tax when buying off-road diesel.

Michele Fuetsch | Staff Reporter
December 9, 2014
Business, Autonomous

Self-Driving Trucks Could Revolutionize Package Delivery, DHL Predicts

While Google Inc. plans to someday unleash driverless cars on public streets, the logistics industry will probably be one of the first training grounds for such automated vehicles.

Richard Weiss | Bloomberg News
December 9, 2014
Business

VIDEO: Holiday Delivery Season Off to Good Start, Says UPS CEO

David Abney, CEO of UPS Inc., which ranks No. 1 on the Transport Topics Top 100 list of the largest U.S. and Canadian for-hire carriers, talks to Trish Regan on Bloomberg Television’s “Street Smart” about the company’s outlook for parcel deliveries during the holiday season.

December 9, 2014
Government, Business

Inspection Report Paperwork Rule Repealed by Feds

The Federal Motor Carrier Safety Administration has rescinded a requirement that property-carrying commercial motor vehicle drivers submit, and motor carriers retain, driver vehicle inspection reports when the driver has neither found nor been made aware of any vehicle defects or deficiencies.

Eric Miller | Senior Reporter
December 9, 2014
Government, Business

To Maintain Current Highway Conditions, AASHTO Says $120 Billion Is Needed Annually

Local, state and federal governments need to spend a combined $120 billion annually for the next six years just to bring highways and bridges to a condition that meets today’s traffic demands, said a new report from the American Association of State Highway and Transportation Officials.

Michele Fuetsch | Staff Reporter
December 9, 2014
Business

UTi Loss Widens, CEO Kirchner Quits

UTi Worldwide Inc. reported a quarterly loss that more than tripled to $34 million, or 35 cents per share as well as the abrupt departure of CEO Eric Kirchner.

December 9, 2014
Business

USA Truck Expands Brokerage Unit

USA Truck Inc. said it is expanding its profitable brokerage unit known as Strategic Capacity Solutions by opening a new office in Florida and expanding the unit’s Chicago facility.

December 9, 2014