Government, Business

US Business Debt Soars by Record on Bond Issuance, Loans

Chairs and tables sit inside a closed restaurant in Times Square in New York on April 21. Chairs and tables sit inside a closed restaurant in Times Square in New York on April 21. (Michael Nagle/Bloomberg News)

U.S. nonfinancial business debt soared in the first quarter by the most in records back to 1952, as bank loans and corporate bond issuance jumped in companies’ all-out effort to stay liquid during the coronavirus pandemic.

Reade Pickert | Bloomberg News
June 11, 2020
Government, Business, Technology, Equipment, Fuel, Logistics

2019: Freight Market Slowdown, Tariffs Diminished Trucking Industry's Performance

Trade, Business Freightliner trucks for sale. (Freightliner)

If 2018 was one big party for the trucking and freight business, 2019 was the day after the party.

Jim Stinson | Staff Reporter
December 20, 2019

Get Moving: A Guide to Starting Your Own Trucking Business

Get Moving: A Guide to Starting Your Own Trucking Business

It’s not easy to get a trucking business moving. This guide will help you uncover tips to save money and be more efficient. Learn what investment capital and operating capital you need to get started and how to operate at a higher profit margin.

August 14, 2019

5 Tips For Choosing the Right Fuel Card

5 Tips For Choosing the Right Fuel Card

Whether you have one truck or one hundred, a fuel card can provide many benefits to your company. With so many fuel card options out there, it can be challenging to know how to choose the right one. When making your selection, you want to walk away knowing you’ve got the best card to meet the unique needs of your business.

August 1, 2019
Business, Perspective

Perspective: When a Buyer Comes Calling, Be Ready

Being prepared when a suitor comes calling can directly affect your ability to either strike a good deal now or position your company for opportunities down the road, says Spencer Tenney of Tenney Group.

Spencer Tenney | President and CEO, Tenney Group
June 14, 2019
Government, Business

Putin, Xi at BRICS Summit Expected to Take Aim at US Tariffs

Chinese President Xi Jinping Chinese President Xi Jinping (center) at an official welcoming ceremony in Pretoria, South Africa, on July 24. (Themba Hadebe/AP)

Russian President Vladimir Putin, Chinese President Xi Jinping and other leaders of the BRICS emerging economies are gathering in South Africa for a summit likely to feature criticism of U.S. President Donald Trump’s wave of tariffs on foreign goods.

Christopher Torchia | Associated Press
July 24, 2018
Business, Logistics, TCA

Illinois County Hears Proposal for $1.2 Billion Warehouse Development

Will County officials recently got a peek at the proposed 2,200-acre business park in Jackson Township, Ill., with its developers’ promises of pumping revenue into the Elwood and Manhattan areas, while keeping trucks off residential roads.

September 13, 2017

John Sommers' Favorite Trucking Photos


Ohio EPA to Lower Nitrogen Oxide Output; Effort to Be Funded by $71.4 Million from VW

Ohio traffic Ohio Department of Administrative Services

Ohio expects to receive $71.4 million from the Volkswagen Mitigation Trust Agreement between 2017 and 2027 to fund projects to reduce nitrogen oxide emissions from commercial trucks and other sources in the transportation sector, the Ohio Environmental Protection Agency said.

Roger Gilroy | Senior Reporter
June 26, 2017

Crete Carrier Names Tim Aschoff President

Tim Aschoff Crete Carrier Corp.

Crete Carrier Corp. appointed Tim Aschoff president, adding to his role of chief operating officer.

June 22, 2017