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

FDA Plan Costly, Unnecessary, Agricultural Haulers Caution

A proposed federal rule that would toughen requirements for the transport and handling of food would be costly and is unnecessary, trade groups representing food haulers, farmers and distributors said.

August 11, 2014
Government, Business

Missouri Voters Solidly Reject Amendment to Increase Sales Tax for Highway Projects

Missouri voters last week defeated a proposed constitutional amendment that could have raised as much as $6 billion by increasing the state’s sales tax to pay for infrastructure improvements.

August 11, 2014
Business, Logistics

Truck-Rail Shipments Rise in 2nd Quarter, IANA Says

Intermodal volume rose 8.2% in the second quarter from a year earlier, an indication the industry is recovering from the double blow it took from a harsh winter and contracted economy, the Intermodal Association of North America reported last week.

August 11, 2014
Government, Business, Safety, Logistics, Autonomous

Insufficient Route Planning, Escort Failure to Blame For Skagit River Bridge Failure, Investigation Finds

Insufficient motor carrier route planning, a failure by a pilot/escort to warn of potential hazards and inadequate evaluation of oversize load permit requests by state officials were the probable causes of an oversize truck strike that brought down the Interstate 5 Skagit River Bridge in Washington state, according to a final investigation report of the National Transportation Safety Board.

Eric Miller | Senior Reporter
August 8, 2014
Business, Fuel

Truck Trolley Demo Track to be Built Near Ports of L.A., Long Beach

An overhead electric trolley system for heavy-duty trucks will be installed by Siemens near the ports of Los Angeles and Long Beach, California.

August 8, 2014
Business

Freight Volume Rises 32% in July

The latest DAT report of spot freight market activity showed a 32% increase in freight volume in July from last year.

August 8, 2014
Business

J&R Schugel Taking Over Portion of Kraft's Fleet, Drivers

J&R Schugel Trucking said it will take over the Kraft Foods private fleet and about 25 drivers in New Ulm, Minnesota, effective Aug. 17.

August 8, 2014
Business

Interstate Distributor Co. to Acquire 10 LNG- Powered Trucks

Interstate Distributor Co. signed an agreement to purchase 10 liquefied natural gas-powered Kenworth trucks after a demo program.

August 8, 2014
Business

ATA Seeks Trucking Image Award Nominations

American Trucking Associations is seeking nominations for its eighth annual Mike Russell Trucking Industry Award.

August 8, 2014
Business, Logistics

Intermodal Rail Volume Rises 5.5% in July

Intermodal rail volume for July rose 5.5% compared with the same time last year, the Association of American Railroads reported.

August 8, 2014