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, Technology, Equipment, Safety

Five Questions: Chris DeMillo, Leonard's Express

Chris DeMillo was promoted to vice president of information technology in September after holding several IT positions since joining the company in 2005.

February 23, 2024
Business, Technology, Autonomous

Autonomous Trucking Landscape Is Shifting Rapidly

The anticipated benefits of autonomous trucking have attracted an influx of entrepreneurs determined to bring highly automated driving technology to the commercial vehicle market.

Seth Clevenger | Managing Editor, Features and Multimedia
February 23, 2024
Government, Business, Technology, For-Hire

New SEC Rules Prompt Closer Look at Cybersecurity

Trucking businesses need to take a close look at the state of their cybersecur­ity in 2024 now that tough, new disclosure rules from the Securities and Exchange Commission have gone live.

Joe Dysart | Webology 101
February 23, 2024
Government, Business, Logistics, TCA

New Container Terminal Planned for 2028 Opening in Maryland

Developers of a new $1 billion container terminal at Tradepoint Atlantic in Baltimore County, Md., say they expect to break ground by the end of next year and open in 2028, creating 1,100 jobs.

Lorraine Mirabella | The Baltimore Sun
February 22, 2024
Business, Logistics

J.B. Hunt Forges Intermodal Agreement With Walmart

J.B. Hunt Transport Services announced Feb. 22 that subsidiary J.B. Hunt Transport has entered into a multiyear intermodal service agreement with Walmart Inc.

Connor D. Wolf | Staff Reporter
February 22, 2024
Government, Business, Fuel

Biden Grants Gas Policy Shift to Boost Ethanol in Corn Belt

The Biden administration granted a fuel policy change designed to boost sales of corn-based ethanol, but delayed the shift until 2025 to prevent gasoline price spikes this summer.

February 22, 2024
Government, Business, Fuel

Illinois Bill to Copy California Emission Regs Draws Heat

A wave of opposition is mounting in Illinois to a bill that would have the state mirror California’s strict emissions laws that would eventually prohibit sales of diesel-powered trucks.

Noël Fletcher | Staff Reporter
February 22, 2024
Business, Safety

Update: FMCSA Planning New Detention Time Study

Approximately 80 carriers and 2,500 drivers chosen for the #FMCSA study will collect and provide 12 months of data to help determine the frequency and severity of detention time drivers face when making deliveries. 

February 22, 2024
Government, Business, Equipment

Federal Truck Leasing Task Force Seeking Help From Truckers

Federal trucking regulators have requested truckers, especially owner-operators, to assist the agency’s truck leasing task force by providing information on leasing agreements that they believe are unfair.

Eric Miller | Senior Reporter
February 22, 2024
Business, Technology, Equipment

Nikola Q4 Loss Dives 30.8% as R&D Costs Fall

Losses at Class 8 vehicle manufacturer Nikola Corp. narrowed 30.8% year-over-year in the fourth quarter of 2023 as research and development costs plummeted.

Keiron Greenhalgh | Staff Reporter
February 22, 2024