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, Fuel

Oil at $50 Is ‘Gift to World’ Says OPEC Member

Oil at $50 a barrel is a “gift to the world” as prices should be low enough to spur economic growth, according to the head of Abu Dhabi’s Department of Economic Development.

Mahmoud Habboush | Bloomberg News
October 26, 2015
Business, Technology

Navman Wireless Releases New GPS Platform

Fleet telematics provider Navman Wireless has released a new GPS software platform, Navman Wireless Director.

October 26, 2015
Government, Business, Safety, Autonomous

UPS’ Thomas Brings Advocacy Skills to Position as ATA’s New Chairman

LOUISVILLE, Ky. — For Pat Thomas, senior vice president of state government affairs at UPS Inc. and the new chairman of American Trucking Associations, Big Brown’s gargantuan hub here epitomizes freight connectivity.

Eugene Mulero | Senior Reporter
October 26, 2015
Business

ATA Urges OEMs to Adopt Automatic Braking Systems

PHILADELPHIA — American Trucking Associations’ board of directors agreed to urge the nation’s truck and car manufacturers to equip all new vehicles with automatic emergency braking systems, or AEB.

David Elfin | Staff Reporter
October 26, 2015
Business, Government, Safety

Delays Growing for CDL Skills Testing; Industry Seeks More Data From States

Delays in scheduling skills tests for commercial driver licenses are growing, with some states reporting waiting times of up to eight weeks, and the problem isn’t likely to go away anytime soon, government and industry officials said.

Daniel P. Bearth | Staff Writer
October 26, 2015
Business, Government, Safety, Autonomous

Truck Tonnage Gains 3.1% in September; Overall Growth Remains Uneven, ATA Says

Truck tonnage rose 3.1% in September from a year earlier, American Trucking Associations reported, signaling further expansion in a freight market where growth patterns have been uneven this year.

Rip Watson | Special to Transport Topics
October 26, 2015
Business

ATA Eyes Legislative Victories

PHILADELPHIA — Trucking leaders attending American Trucking Associations’ annual Management Conference & Exhibition gained a renewed sense of hope that legislative victories were on the horizon, including a new federal highway bill.

Neil Abt | Editorial Director
October 26, 2015
Letters to the Editor, Business

Letter: Government Regs vs. Marketplace Control

The transportation industry is awash with mandates, legislation and limits imposed by lawmakers and regulators.

October 26, 2015
Perspective, Business, Safety, Government, Autonomous

Opinion: Proud to Be Head Cheerleader for ATA’s Agenda

Being chairman of American Trucking Associations is a tremendous honor — the capstone of a career in trucking that began for me many decades ago.

October 26, 2015
Editorial, Business

Editorial: The Next Generation at MCE

Many of the transportation industry’s most influential people came together last week at American Trucking Associations’ Management Conference & Exhibition in Philadelphia.

October 26, 2015