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

New Heavy-Duty Registrations Fall

New registrations of heavy-duty vehicles in the United States fell 11.9% in the first quarter compared with last year, according to a report from R.L. Polk & Co.

May 27, 2013
Government, Business

Obama Announces Steps to Speed Process for Construction of Infrastructure Projects

President Obama signed a memorandum to speed up the permitting process for major infrastructure projects.

May 27, 2013
Business

OOIDA Files Suit Challenging FMCSA Policy to Keep Overturned Violations on Records

The Owner-Operator Independent Drivers Association filed a lawsuit challenging the federal government’s policy that overturned violations may remain on truck drivers’ and carriers’ records, the second federal lawsuit the group has filed on that subject.

May 27, 2013
Business, Fuel

Diesel, Gasoline Prices Gain After Midwest Refinery Issues

Diesel and gasoline prices continued their upward paths last week, the Department of Energy reported, with analysts blaming the gains on refinery issues.

May 27, 2013
Business, Logistics

Intermodal Traffic Rises 3.5% for Week

U.S. rail intermodal traffic rose 3.5% last week from the same week a year ago to 250,156 units, the Association of American Railroads reported.

May 24, 2013
Government, Business, Fuel

House Passes Bill Aimed at Advancing Keystone XL Pipeline

The House passed a bill that would take the permitting authority for the Keystone XL Pipeline away from President Obama.

Michele Fuetsch | Staff Reporter
May 24, 2013
Business

Durable Goods Orders Rise 3.3% in April

Durable goods orders rose 3.3% in April, the Commerce Department said Friday.

May 24, 2013
Business

I-5 Closed in Wash. State After Bridge Struck by Truck Collapses

A section of the Interstate 5 bridge over the Skagit River north of Seattle collapsed after it was struck late Thursday by a heavy-duty truck, closing the West Coast’s main north-south highway in both directions.

May 24, 2013
Business, Fuel

Holiday Weekend Driving to Rise Slightly, AAA Says

The number of Americans driving during the Memorial Day holiday weekend will rise slightly, with a majority saying gasoline prices will not impact their plans, according to AAA.

May 24, 2013
Business

Foxx Says Top Priorities at DOT Would Be Safety, Efficiency, Infrastructure

Transportation Secretary nominee Anthony Foxx told a Senate committee that, if confirmed, his top priorities would be on improving safety, efficiency and infrastructure.

Michael G. Malloy | Web Editor
May 23, 2013