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.

Government, Business

On Infrastructure, Trump Touts Regulatory Streamlining, Biden Eyes Clean Energy

President Donald Trump and former Vice President Joe Biden offer differing views for improving the nation's infrastructure.

Eugene Mulero | Senior Reporter
October 23, 2020
Government, Business

Sen. Gardner, Hickenlooper Highlight Policy Records

While the 2020 presidential contest dominates national headlines, the Senate election cycle is highlighting freight transportation and infrastructure policy of states with key commercial corridors.

Eugene Mulero | Senior Reporter
October 23, 2020
Government, Business

Climate Change Resilience Front-and-Center for House Democrats

Pursuing infrastructure policies that adopt climate change resilience is expected next year on Capitol Hill if Democrats retain control of the U.S. House of Representatives.

Eugene Mulero | Senior Reporter
October 23, 2020
Business, Technology, Logistics, Autonomous

Plus Selects Amazon Web Services as Cloud Provider

Plus, a provider of self-driving truck technology, announced it selected Amazon Web Services as its preferred cloud provider to support the commercial deployment of its system.

October 22, 2020
Business, Top 50, Top 100

U.S. Xpress Announces Strong Profit for Q3

U.S. Xpress Enterprises posted increased earnings on a modest revenue gain during the third quarter, the fleet announced Oct. 22.

Connor D. Wolf | Staff Reporter
October 22, 2020
Government, Business, Fuel

Chicago Mayor’s Budget Proposal Calls for City Fuel Tax Hike

Chicago is planning for a 3-cent fuel tax increase in an effort to help restore the city’s financial well-being amid the coronavirus pandemic,

Eleanor Lamb | Staff Reporter
October 22, 2020
Business, Technology, Fuel

Early Adopters of Electric Trucks Say Planning, Partnerships Are Crucial

Truck makers are beginning to introduce battery-electric models, but successfully deploying this new breed of commercial vehicle requires fleets to manage a bevy of new considerations, including installation of charging equipment, coordination with utility companies and exploring government incentives.

Seth Clevenger | Managing Editor, Features and Multimedia
October 22, 2020
Business, Technology, Safety

Integrated, Connected Technology Gaining Speed

The data underpinning equipment and freight deliveries carries many benefits for fleets willing to integrate factory-installed telematics, service communications and fleet management solutions into a useful stream of data, experts said Oct. 22 during American Trucking Associations’ Management Conference & Exhibition.

Roger Gilroy | Senior Reporter
October 22, 2020
Government, Business, Logistics

States Lose Fight to Get USPS Outside Monitor for Election Mail

States that claim changes by the U.S. Postal Service will threaten mail-in voting failed again to get an independent monitor appointed to observe the agency’s compliance with a court order.

Erik Larson | Bloomberg News
October 22, 2020
Business, Safety

Poor Insurance Underwriter Performance Is Causing Increasing Rates, Expert Says

The insurance underwriting industry continues to face financial uncertainty, characterized by historic underwriting losses for the transportation sector and rising insurance rates for motor carriers, insurance executives said during a virtual educational session at American Trucking Associations’ Management Conference & Exhibition.

Eric Miller | Senior Reporter
October 22, 2020