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

Home Depot’s Same-Store Sales Surge in Q4

Home Depot reported a better-than-expected fourth quarter with strong comparable-store sales.

Michelle Chapman | Associated Press
February 25, 2020
Government, Business

Coronavirus Outbreak Keeps Global Markets in Check

LONDON — Share prices around the world, particularly in Japan, took a hit Feb. 25 amid mounting fears about the economic impact of the new coronavirus outbreak.

Pan Pylas | Associated Press
February 25, 2020
Business, Technology

Amazon Opens Cashier-Less Grocery Store in Seattle

Amazon is opening its first cashier-less supermarket, the latest sign that the online retailing giant is serious about shaking up the $800 billion grocery industry.

Joseph Pisani | Associated Press
February 25, 2020
Business, Technology, Equipment

TMC Aims to Help Fleets Navigate Complexity of Electric, Automated Vehicles

ATLANTA — As manufacturers and technology developers introduce electric-powered trucks and continue to test automated driving systems, American Trucking Associations' Technology & Maintenance Council is taking steps to help fleets navigate the complexity of these emerging technologies.

Seth Clevenger | Managing Editor, Features and Multimedia
February 25, 2020
Government, Business

Freight Stakeholders Advocate for Modernizing NEPA

WASHINGTON — The Trump administration’s effort to update long-standing federal environmental permitting guidelines received a resounding endorsement on Feb. 24 from a group of business and freight stakeholders.

Eugene Mulero | Senior Reporter
February 24, 2020
Government, Business, Fuel

Diesel Declines 0.8¢ a Gallon to $2.882

The nationwide average price of diesel fuel declined by less than a cent per gallon Feb. 24, according to the U.S. Energy Information Administration.

Connor D. Wolf | Staff Reporter
February 24, 2020
Government, Business, Logistics, TCA

Amtrak Blames Freight Trains for Passenger Delays Getting Worse

Amtrak's "on-time performance" for its increasingly popular passenger trains is sliding to new lows, and it says that slow-moving freight trains that use the same tracks are to blame.

Bill Laitner | Detroit Free Press
February 24, 2020
Business, Technology, Equipment, Safety

Michelin Announces New Digital Trailer Maintenance and Repair Program

ATLANTA — Michelin Services and Solutions is a major step in helping trucking companies lessen the pain of fleet trailer repairs and maintenance, Michelin North America said of its new digital services platform.

Dan Ronan | Senior Reporter
February 24, 2020
Business, Technology, Fuel, Logistics, Autonomous

Automated and Electric Concerns at 2020 TMC

Transport Topics Features Editor Seth Clevenger recaps a three-part 2020 TMC work session on automated and electric vehicles, as well as platooning strategies.

February 24, 2020
Business, Technology, Equipment, Safety

Alcoa Debuts New Lightweight Wheel, Bore Design

ATLANTA — Alcoa Wheels introduced a new wheel for heavy-truck applications that the company said is the lightest wheel it has produced, and which features a design that reduces contact with the wheel hub, which it said can combat corrosion.

Joe Howard | Executive Editor
February 24, 2020