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, Safety

ATA: Turnover Drop ‘Significant’

Truck driver turnover rates fell to a four-year low in the first quarter among larger fleets and declined 12 percentage points at larger and smaller fleets alike, American Trucking Associations reported last week.

Rip Watson | Special to Transport Topics
July 20, 2015
Business, Government, Safety

Panel Votes to Hide Scores During Assessment of CSA

Scores and relevant data from the Federal Motor Carrier Safety Administration’s Compliance, Safety, Accountability program would not be made public during a review of the program included in a six-year highway bill that a Senate panel approved July 15.

Eugene Mulero | Senior Reporter
July 20, 2015
Business, Government, Safety

House Passes 5-Month Highway Funding Bill

In a rare show of bipartisanship, the House on July 15 passed a five-month extension of federal highway funding authority, giving the Senate less than two weeks to act on the measure before current authority expires.

Eugene Mulero | Senior Reporter
July 20, 2015
Business, Fuel, Government, Logistics

Marten Transport, CSX Profits Rise 5%; Lower Fuel Prices Aid Both in 2nd Qtr.

Marten Transport Ltd. and CSX Corp. last week kicked off the reporting season for second-quarter earnings with each posting 5% growth in profits.

Rip Watson | Special to Transport Topics
July 20, 2015
Fuel, Government, Business, Logistics

Gas Tops Diesel for First Time Since ’09 as Calif. Refinery Outages Pinch Supply

The national average price of diesel fuel fell below gasoline for the first time in almost six years after diesel dipped and soaring gas prices in California caused the fuel’s national figure to jump.

Josh Janney | Special to Transport Topics
July 20, 2015
Government, Business, Safety

FedEx Ground Workers Win in Kansas, Are Deemed Employees by Appeals Court

A federal appeals court has ruled that about 500 FedEx Ground workers in Kansas were employees in the latest of a series of recent rulings on worker status.

Rip Watson | Special to Transport Topics
July 20, 2015
Business

Navistar Becomes 3rd OEM to Skip MATS Next Year

Navistar Inc. said it will not attend the 2016 Mid-America Trucking Show, making it the third major truck manufacturer to pull out of the annual event.

Seth Clevenger | Managing Editor, Features and Multimedia
July 20, 2015
Business, Technology

Video: First FAA-Approved Drone Delivery

In what was being called "a Kitty Hawk moment," a secluded health clinic in rural Virginia received medicine from the first government-approved drone delivery July 17.

July 17, 2015
Business

Volvo's Net Income Doubles in Second Quarter

Volvo Group doubled net income for the second quarter to 5.19 billion Swedish krona ($597 million), led by stronger profits and rising sales in its truck business.

Rip Watson | Special to Transport Topics
July 17, 2015
Government, Business

NHTSA Requests Comment on Underride Guards

The National Highway Traffic Safety Administration on July 17 announced an advanced notice of proposed rulemaking seeking comment on the cost benefits of underride guards on single-unit trucks.

Eric Miller | Senior Reporter
July 17, 2015