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

Fleets, Dealers Discuss Open, Honest Communication

ATLANTA — Honesty and communication are the best techniques to help fleets and service dealers work together, according to representatives from both sides of that relationship.

Eleanor Lamb | Staff Reporter
February 25, 2020
Government, Business

Andrew Cuomo Willing to Provide Information — With Limits — to Feds for Trusted Traveler Programs

New York Democratic Gov. Andrew Cuomo has indicated a willingness to provide information to the federal government on individuals enrolling or renewing their applications for Trusted Traveler Programs, but remains adamant in his refusal to provide state Department of Motor Vehicles database information.

Eric Miller | Senior Reporter
February 25, 2020
Business, Technology, Equipment

CIE Manufacturing Unveils New Chassis Line

ATLANTA — CIE Manufacturing presented the Revere, a new line of chassis, Feb. 24 at American Trucking Associations’ Technology & Maintenance Council annual meeting.

Eleanor Lamb | Staff Reporter
February 25, 2020
Business, Technology, Equipment, Fuel

Mack Launches Active Steering Feature, Earns SmartWay Certification

ATLANTA — Mack Trucks announced an active steering option, Command Steer, for its Anthem models that monitors road conditions at nearly 2,000 times per second using truck-mounted sensors to help maintain directional stability, for instance, on rough roads, in high winds or during blowouts.

Roger Gilroy | Senior Reporter
February 25, 2020
Government, Business, Technology, Equipment, Safety

FMCSA Announces Tech-Celerate Now at 2020 TMC

Tech-Celerate Now, FMCSA’s first-of-its-kind program to bring together government agencies and private sector industry leaders to promote advanced driver assist systems, got a boost at American Trucking Associations’ Technology & Maintenance Council annual meeting.

February 25, 2020
Business, Technology, Equipment

TMC Awards Four Industry Leaders With Silver Spark Plug Award

ATLANTA — Incoming Technology & Maintenance Council Chairman Stacy Earnhardt was among four industry professionals honored with the Silver Spark Plug Feb. 24.

Dan Ronan | Senior Reporter
February 25, 2020
Government, Business

Consumer Confidence Rises Slightly to 130.7 in February

WASHINGTON — U.S. consumer confidence improved slightly in February, rising to a reading of 130.7, the highest point since August.

Martin Crutsinger | Associated Press
February 25, 2020
Business, Logistics, TCA

Rich Corrado to Replace Joe Hete as CEO at Wilmington Air Transport Services

Joe Hete will step down as chief executive of Wilmington’s Air Transport Services Group Inc. in May and will be replaced by Rich Corrado, the air transport company said Feb. 25.

Thomas Gnau | Springfield News-Sun (Ohio)
February 25, 2020
Government, Business

Port of Los Angeles Sees Coronavirus Drag Through Most of 2020

The shipping industry will remain volatile for most of 2020 as the coronavirus outbreak in China upends the global supply chain, said the head of the largest U.S. container port.

Richard Clough | Bloomberg News
February 25, 2020
Business, Technology

Fleet Maintenance Group Creates Task Force on Hiring Veterans

ATLANTA — The Technology & Maintenance Council’s study group on fleet maintenance management created a new task force to focus on hiring military personnel for trucking industry roles.

Eleanor Lamb | Staff Reporter
February 25, 2020