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, Logistics

Homes Evacuated as Second Train in Two Days Derails in Wisconsin

A Canadian Pacific freight train carrying crude oil through Wisconsin derailed on Nov. 8, knocking 13 cars off the tracks, spilling oil and leading 35 homes to be evacuated, in the state's second derailment in two days.

November 9, 2015
Business

Evolving Battery Systems Could Hold Key To Better Reliability, Power Management

Trucking industry groups and suppliers are exploring a variety of battery technologies that could better manage the power demands of tomorrow’s trucks while providing greater longevity and reliability.

Steve Sturgess | Special to Transport Topics
November 9, 2015
Business

More Suppliers Are Unsure About Exhibiting at MATS

By mid-autumn, trucking suppliers usually are well into preparations for the Mid-America Trucking Show that takes place each March, but this year is different.

Jonathan S. Reiskin | Associate News Editor
November 9, 2015
Business, Autonomous

Trucking Fleets Report Mixed Third-Quarter Profits

Earnings reports from ArcBest Corp., USA Truck and Expeditors International of Washington presented a mixed picture of freight trends in a softening economy.

Rip Watson | Special to Transport Topics
November 9, 2015
Business, Government

House Passes Highway Bill

A multiyear highway bill that would reform a controversial safety performance scoring program for carriers and set in motion a program to expand the role of young truckers in interstate commerce easily passed the House on Nov. 5.

Eugene Mulero | Senior Reporter
November 9, 2015
Perspective, Business

Opinion: ELD Mandate’s Effect on Day-to-Day Operations

The electronic logging mandate is upon us and can’t be ignored. Although we all have heard about the technical changes the mandate will bring, we haven’t heard as much about the effect it will have on operations.

November 9, 2015
Editorial, Business

Editorial: The House's Highway Bill

After so much talk — and even more short-term extensions — Congress appears finally ready to approve a long-term highway bill.

November 9, 2015
Business

Analysts: Amazon May Launch Own Package Delivery Fleet

Amazon.com Inc., the world’s largest online retailer, may be close to launching a third-party transportation and logistics service and reportedly has begun recruiting executives to develop its own delivery fleet, according to industry sources and recently published reports.

Daniel P. Bearth | Staff Writer
November 9, 2015
Business, Fuel

3Q Fleet Failures Remain Low, Aided by Fuel, Rates, Capacity

Fleet failures remained at historically low levels in the third quarter as fuel, rate and capacity conditions remained favorable enough to keep marginal fleets afloat, according to a new report.

Rip Watson | Special to Transport Topics
November 9, 2015
Fuel, Business, Government

Michigan OKs Fuel Tax Increase in $1.2 Billion Infrastructure Plan

After making little progress for months in producing a bipartisan highway bill, both chambers of the Michigan Legislature passed two bills not long before midnight Nov. 3 that eventually will deliver $1.2 billion for the state’s roads.

David Elfin | Staff Reporter
November 9, 2015