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, Safety, Logistics

Union Pacific President: ‘Modest Improvement’ in Fixing Intermodal Delays

LONG BEACH, Calif. – Union Pacific Railroad President Lance Fritz said the railroad is making “modest incremental improvement” to correct delays that have hurt intermodal service levels.

Rip Watson | Special to Transport Topics
September 22, 2014

TT Podcasts: RoadSigns

Meghann Erhart of Relay Payments shares ways to prevent falling prey to fuel card skimming.

Business, Government

Indiana Toll Road Seeks Bankruptcy as Traffic Declines

The operator of the Indiana Toll Road, owned by affiliates of Macquarie Group Ltd. and Ferrovial SA, sought bankruptcy protection with a creditor-supported restructuring plan after dwindling traffic soured a $3.8 billion bet on a 75-year lease.

Michael Bathon | Bloomberg News
September 22, 2014
Business

NACFE Unveils Freight Efficiency Website

The North American Council for Freight Efficiency unveiled a new website designed to help trucking companies identify potential savings from using a variety of systems and technologies in their fleets.

Michael G. Malloy | Web Editor
September 22, 2014
Business

Gasoline Prices Fall to Lowest Since February

Gasoline prices at U.S. pumps, already at a seven-month low, may extend their decline amid falling crude costs that are spurring oil refineries to increase production of the road fuel, according to Lundberg Survey Inc.

September 22, 2014
Business, Safety, Government

Chinese Commercial Telematics Market to Surpass US by Decade’s End, Report Predicts

China will soon become the world’s largest market for commercial telematics as government regulations and the nation’s supply-chain woes drive technology adoption, according to a new study by C.J. Driscoll & Associates.

Seth Clevenger | Editor, Features and Multimedia
September 22, 2014
Business

Sales of Existing Homes Decrease as Investors Retreat

Purchases of previously owned U.S. homes declined in August for the first time in five months as investors retreated from the market.

September 22, 2014
Business, Technology

First Day of SuperTech Kicks Off in Orlando

ORLANDO, Fla. — Contestants at 2014 SuperTech at the Technology & Maintenance Council fall meeting Sept. 22 began an intense first day of competition with a 100-question test and identifying maintenance problems at 11 stations intended to test their hands-on skills.

Eric Miller | Senior Reporter
September 22, 2014
Perspective, Business

Opinion: Protect CSA Scores by Challenging Citations

It was late at night and the truck’s headlights reflected off the damp pavement.

September 22, 2014
Business, Government, Safety, Equipment, Autonomous

August Truck Sales Rise 28.4%

Class 8 truck sales leaped 28.4% in August from a year ago to 19,627, the biggest percentage gain in two years, WardsAuto.com reported.

September 22, 2014
Editorial, Business

Editorial: Millions of Jobs Well Done

A recent string of events leads to one large conclusion. We told you last month of truck drivers working diligently to get to Pittsburgh so they could compete for industry honors. Then there was Labor Day, followed quickly by National Truck Driver Appreciation Week.

September 22, 2014