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, Technology, Fuel

Volvo Trucks to Introduce All-Electric Version of VNR Model

A preview of the Volvo VNR Electric A preview of the Volvo VNR Electric. (Volvo Trucks North America)

WASHINGTON — Volvo Trucks will bring electric-powered commercial trucks to North America in 2019 by introducing a battery-electric version of its VNR regional haul model.

Seth Clevenger | Managing Editor, Features
December 11, 2018

Transport Topics Podcasts

RoadSigns podcast

Check out the latest podcast episodes of our RoadSigns and LiveOnWeb programs. Episode 1 of our Season Intersession of RoadSigns, "How Does Congress Say Trucking," is now available. Check back here often as new content is always being added!

Transport Topics
October 22, 2018
Government, Business

DOT Announces BUILD Grant Recipients

Delaware Memorial Bridge The Delaware River and Bay Authority received $22 million to install eight sheet pile cells at the base of the Delaware Memorial Bridge to better protect the structure from ship strikes. (Elvert Barnes Photography)

The U.S. Department of Transportation announced the winners of its first round of Better Utilizing Investments to Leverage Development discretionary grants.

Eleanor Lamb | Staff Reporter
December 11, 2018
Business, Logistics

Amazon Chooses Fort Worth’s Alliance Airport for Regional Hub

Chicago Rockford International Chicago Rockford International Airport

Amazon.com is building a new regional air hub at Fort Worth’s Alliance Airport, bolstering its shipping business in a move that’s expected to create hundreds of jobs for the region.

Conor Shine | The Dallas Morning News
December 11, 2018
Government, Business, Safety

FMCSA Seeks Final Round of Comments on Military-Driver Pilot Program

Army driver behind the wheel U.S. Army

The Federal Motor Carrier Safety Administration is seeking a final round of comments on its plan to soon begin a three-year pilot program to compare the safety records of current or former military heavy truck drivers younger than 21 with a control group of current interstate drivers from 21 to 24 years old.

Eric Miller | Staff Reporter
December 11, 2018
Government, Business, Fuel

US Holds Steady on Outlook for Domestic Oil Production Rising Despite Lower Prices

Oil drilling Luke Sharrett/Bloomberg News

The U.S. government left its forecast for domestic crude production unchanged for 2019 even with prices averaging almost $11 a barrel lower than its previous estimate.

Stephen Cunningham | Bloomberg News
December 11, 2018
Government, Business, Safety, Top 50

Virginia Transportation Leaders Approve I-81 Improvement Plan

Interstate 81 traffic jam in Virginia An accident creates a traffic jam on I-81 just north of Front Royal, Va. (Eric Miller/Transport Topics)

Virginia’s Commonwealth Transportation Board has approved a plan that weighs the possibility of tolls to address some of the issues that affect Interstate 81.

Eleanor Lamb | Staff Reporter
December 11, 2018
Business, Fuel

Quarles Petroleum Acquires Revere Gas

Virginia-headquartered Quarles Petroleum, a regional provider of residential and commercial fuel, has acquired Revere Gas, another Virginia-based retail propane gas distributor, according to a Dec. 4 press release.

Transport Topics
December 11, 2018
Government, Business

China Is Said to Move Toward Lower Tariffs on U.S.-Made Cars

Auto Show Automobile show in China. (Qilai Shen/Bloomberg News)

China is moving toward cutting its trade-war tariffs on imported U.S.-made cars, a step already claimed by President Donald Trump as a concession won during trade talks in Argentina.

Bloomberg News
December 11, 2018
Government, Business

Producer Prices Up in November, Exceeding Estimates

Production Line Getty Images

U.S. producer prices rose in November on advances in foods and transportation services, while a measure of underlying costs accelerated, offering some potential signs of inflation pressures bubbling up in the economy.

Shobhana Chandra | Bloomberg News
December 11, 2018
Business, Technology, Equipment

Fuel, Maintenance Among Many Variables for Total Cost of Ownership Calculations

A Freightliner Cascadia sleeper A Freightliner Cascadia equipped with a sleeper berth on display this year. Driver experience has become as important as any element of TCO, company officials say. (John Sommers II for Transport Topics)

Carriers aiming to answer this question — how much did that truck truly cost? — must weigh a range of factors to arrive at a “total cost of ownership.” The factors considered might differ from one operator to the next, but the basic considerations tend to be the same, fleet managers and truck manufacturers said.

Stephen Bennett | Special to Transport Topics
December 11, 2018

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