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.

Editorial, Business

Editorial: Great Scott, Marty!

In 1989, with the release of “Back to the Future II,” moviegoers got a glimpse at the world of 2015, with Marty McFly on a hoverboard, Doc Brown piloting a flying car and the Chicago Cubs winning the World Series.

August 17, 2015
Perspective, Business

Opinion: Hiring Standard’s Unintended Consequences

According to the law of unintended consequences, the actions of people always have effects that are not anticipated. This idea manifests itself in all sorts of areas but has a significant impact in the realm of legislation and regulation.

August 17, 2015
Business, Autonomous

Platoon Use to Begin in ’16 (includes video)

Peloton Technology’s platooning system will be introduced into a trucking fleet’s operations for on-highway testing early next year.

Neil Abt | Editorial Director
August 17, 2015
Business

Truck Sales Climb 24% in July

Retail sales of Class 8 trucks in the United States continued to surge in July, climbing 24% from a year earlier and topping the 20,000-unit mark for the fifth straight month.

Seth Clevenger | Managing Editor, Features and Multimedia
August 17, 2015
Business

Board Recommends Testing of Hair as New Option for Drug Screenings

After two years of study, a federal drug advisory board has issued a recommendation that hair specimens be approved as an alternative for federal workplace drug-testing programs.

Eric Miller | Senior Reporter
August 17, 2015
Business

Groups Say Parties Are Making Progress in Effort to Form N.Y.-N.J. Chassis Pool

Efforts to finally create a New York-New Jersey area chassis pool are ongoing as equipment providers, labor and port executives attempt to craft a workable approach to the thorny issue, trucking officials said.

Rip Watson | Special to Transport Topics
August 17, 2015
Business, Fuel

Diesel Price Drops 5.1¢ to $2.617

The slide in the U.S. diesel average price reached an 11th straight week, with the Department of Energy reporting another decline Aug. 10, this time by 5.1 cents a gallon to $2.617.

Jonathan S. Reiskin | Associate News Editor
August 17, 2015
Business

Darling, Graves Praise Drivers as NTDC Competition Begins

ST. LOUIS — Scott Darling, in his first public appearance since his nomination to head the Federal Motor Carrier Safety Administration, thanked the 431 truck drivers competing in the 2015 National Trucking Driving Championships for their “dedication to safety.”

Eric Miller | Senior Reporter
August 17, 2015
Business

Sales of Nat Gas-Powered Trucks Slow as Diesel Prices Plummet, Reports Say

Growth in the natural-gas truck market has stalled this year as the steep drop in diesel prices has cut into the potential savings offered by the alternative fuel.

Seth Clevenger | Managing Editor, Features and Multimedia
August 17, 2015
Business, Equipment

Senate Panel OKs Tax Relief For Equipment, Alt Fuels

Senate Finance Committee members agreed on a broad package of tax-extension provisions before leaving the capital for summer break, including those important to trucking.

Jonathan S. Reiskin | Associate News Editor
August 17, 2015