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

Obama Seeks Road Funds

President Obama’s 2014 budget contains a one-time boost of $27 billion for “critical highway infrastructure” and cross-border roads to augment the $41 billion Congress has already authorized for highways next year.

April 15, 2013
Business

U.S. Warns Firms That Move Household Goods Against Schemes to Avoid Loading Regulations

Federal officials are cracking down on moving companies that try to evade regulations for household-goods movers, saying companies that provide moving containers and the laborers to load the containers should be treated as movers under the law.

April 15, 2013
Business

Road Woes Could Impede New Freight From Panama Canal, Byrd Warns Senate

Substandard highway infrastructure in the United States will make it difficult for trucking to handle the additional freight demand at East and Gulf Coast ports once expansion of the Panama Canal is completed, a leader of American Trucking Associations told a Senate panel.

April 15, 2013
Business

UPS ‘Confident’ of Deal With 250,000 Teamsters

As contract negotiations resume this week, UPS Inc. remains “confident” that a new contract can be reached in advance of the scheduled July 31 expiration of the agreement that covers a total of 250,000 Teamster package and freight workers.

April 15, 2013
Business

Celadon to Build Indianapolis Facility to House Its Driver-Training School

Truckload carrier Celadon Group said it will build a new driver training school near its Indianapolis headquarters in its latest effort to boost recruiting as the industry continues to face a shortage of qualified drivers.

April 15, 2013
Business

High Court to Hear Arguments Over L.A. ‘Clean Trucks’ Plan

Attorneys for American Trucking Associations and the Port of Los Angeles are scheduled to face off at the U.S. Supreme Court this week over the constitutionality of some requirements included in the port’s “clean truck” concession agreement with drayage operators.

April 15, 2013
Business

Navistar Updates Severe-Service Line

MONTREAL — Navistar International Corp. unveiled updated versions of its International 9900i and PayStar 5900 SBA heavy-haul and severe-service models with the Cummins ISX15 engine using selective catalytic reduction technology.

April 15, 2013
Business

Nasstrac to Offer Best Practices, Networking

More than 100 exhibitors, including some of the nation’s largest package and truckload carriers, will join logistics and distribution executives in Orlando, Fla., next week for the annual Shippers Conference and Transportation Expo.

April 15, 2013
Business, Fuel

Diesel, Gasoline Prices Dip for Sixth Consecutive Week

U.S. retail diesel and gasoline prices continued to drift down from their winter highs, with both refined products declining for a sixth straight week, the Department of Energy reported.

April 15, 2013
Business

YRC Worldwide Breaks Off Contract Talks With Machinists Union

YRC Worldwide said it has broken off contract talks with the International Association of Machinists, which represents about 200 workers at the less-than-truckload operator, effective Monday.

Rip Watson | Special to Transport Topics
April 12, 2013