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, Logistics, Perspective

Perspective: Diversity Is Essential in Fast-Moving Industry

Diversity is a core tenet of any high-performing team, and its importance is heightened the faster a company grows. This is especially true in the logistics and freight-matching world, says Lily Shen of Transfix.

Lily Shen | President and Chief Operating Officer, Transfix
October 15, 2019
Government, Business, Fuel

EPA Proposes Biofuel Quota Plan to Offset Refinery Waivers

The Environmental Protection Agency proposed changes in the way it sets annual percentages spelling out how much renewable fuel refiners must blend into gasoline and diesel.

October 15, 2019
Government, Business, Technology

US House Transportation Panel Showcases Partisan Dispute

NEW YORK — On Oct. 14, Rep. Peter DeFazio held court on Broadway. The country’s top transportation Democratic policymaker kept an audience engaged with his one-man show, touching on topics including a highway policy bill during the current session of Congress. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.

Eugene Mulero | Senior Reporter
October 15, 2019
Government, Business, Safety, Logistics

Illinois, Missouri, Georgia DOTs Honored by AASHTO

The Illinois and Missouri departments of transportation won the grand prize in the America's Transportation Awards competition.

Eleanor Lamb | Staff Reporter
October 15, 2019
Business

GM CEO Mary Barra Joins UAW Negotiations in Sign Agreement Is Near

General Motors Co. Chief Executive Officer Mary Barra is meeting with United Auto Workers leaders at the main bargaining table Oct. 15 as the two sides inch closer to a tentative agreement that could end a strike now in its fifth week.

David Welch | Bloomberg News
October 15, 2019
Business, Logistics, Top 100

Retailers, Logistics Firms Establish Warehouses Closer to Cities

Retailers and logistics firms are establishing warehouses closer to large urban centers to keep up with rising consumer demand for faster delivery of products ordered online, industry experts said.

B. Cameron Gain | Special to Transport Topics
October 15, 2019
Government, Business

Security-Sensitive Carrier PTS Worldwide Seeks Sleeper Berth Exemption

Security-sensitive motor carrier PTS Worldwide Inc. has asked the Federal Motor Carrier Safety Administration for an exemption from the hours-of-service requirement to allow its drivers to split their 10 hours of sleeper berth time into periods of 4-6, 5-5 or 6-4 hours.

Eric Miller | Senior Reporter
October 15, 2019
Business, Technology, Equipment, Fuel

Automated Reloads Program Reduces Emissions, Convoy Says

Convoy’s recently launched automated reloads program is yielding a 45% decrease in the carbon dioxide emissions created by empty miles in freight, according to the digital freight network.

October 15, 2019
Business, Technology, Fuel, Autonomous

BYD Places Yard Tractors With PepsiCo

BYD Motors Inc. announced three of its 8Y battery-electric yard trucks will be deployed by PepsiCo Inc.’s Modesto Frito-Lay facility as part of a state project designed to showcase economically and environmentally sustainable warehousing and distribution technology.

October 15, 2019
Government, Business

China Ties Agriculture Binge to Trump Reducing US Tariffs

Beijing wants a rollback in tariffs in its trade war with the U.S. before China can feasibly agree to buy as much as $50 billion of American agriculture products that President Donald Trump claims are part of an initial deal, people familiar with the matter said.

October 15, 2019