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

How to Hire More Drivers By Training Recruiter in Sales

As the industry-wide [quality] driver shortage continues to loom large, attracting, hiring, and retaining drivers has become incredibly important, and much of this responsibility rests on the shoulders of CDL driver recruiters. Understanding the parallel between recruiting and sales is a critical step. With drivers considered as ‘leads’ in a ‘sales funnel’, recruiters can nurture these contacts, create lasting relationships, and be successful in today’s challenging environment.

December 12, 2019
Business

Roadrunner President Michael Gettle Steps Down

Roadrunner Transportation Systems Inc. President and Chief Operating Officer Michael Gettle is leaving the company, the less-than-truckload and truckload carrier announced Dec. 11.

Jim Stinson | Staff Reporter
December 12, 2019
Government, Business, Safety

Sen. Roger Wicker Addresses Impaired Driving, Hair Testing in New Bill

Legislation seeking to improve drug testing for employees in safety-sensitive transportation posts was easily advanced by a U.S. Senate panel on Dec. 11.

Eugene Mulero | Senior Reporter
December 12, 2019
Government, Business, Fuel

Fuel-Trading Routes Revamped as 2020 Dynamics Take Hold

Shippers have fewer than three weeks until new rules kick in forcing them to burn cleaner fuels, but the regulations are already redefining key trade routes in the global oil-product markets.

Jack Wittels | Bloomberg News
December 12, 2019
Business

UAW Workers Ratify Contract With Fiat Chrysler

DETROIT — Unionized workers at Fiat Chrysler have voted overwhelmingly to approve a new four-year contract with the company.

Tom Krisher | Associated Press
December 12, 2019
Government, Business, Technology, Safety, Autonomous

As Deliveries Grow in NYC, So Do Tensions With Tech

New York City Mayor Bill de Blasio dislikes autonomous delivery robots and he is not shy about saying so, even as the city’s planners and trucking officials work together on ways to deliver much more freight to the nation’s largest city.

Jim Stinson | Staff Reporter
December 12, 2019
Government, Business

Federal TIFIA Loan Will Aid Virginia Interstate 64

The U.S. Department of Transportation has announced that it will provide a loan for up to $502.9 million for infrastructure projects along Interstate 64 in southeastern Virginia.

Eleanor Lamb | Staff Reporter
December 11, 2019
Government, Business, Fuel

Chevron’s LNG Exit Deals Fresh Blow to Canada’s Energy Industry

Abundant natural gas resources, an all-electric plant and just a nine-day hop to energy-hungry Asian markets were not enough to persuade Chevron Corp. to pursue its Kitimat gas export project in western Canada, marking a further blow to the country’s beleaguered fossil fuel industry.

Kevin Crowley | Bloomberg News
December 11, 2019
Business, Breaking News

November Class 8 Sales Skid to Lowest Point in Almost Two Years

U.S. Class 8 retail sales in November fell 12.9% year-over-year, landing at the lowest point in almost two years, WardsAuto .com reported.

Roger Gilroy | Senior Reporter
December 11, 2019
Government, Business, Technology, Autonomous

San Francisco Wants to Require Permits for Transportation Tech Testing

SAN FRANCISCO — Tired of San Francisco streets being used as a testing ground for the latest delivery technology and transportation apps, city leaders are now requiring businesses to get permits before trying out new high-tech ideas in public.

Janie Har | Associated Press
December 11, 2019