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

Convoy Opens Up Access to Automated Network

Digital freight broker Convoy on Sept. 16 launched Convoy Now, a program that gives shippers and other logistics companies access to Convoy’s automated, real-time pricing and capacity for both live and drop-and-hook loads.

Roger Gilroy | Senior Reporter
September 16, 2019
Business, Logistics

IMC Launches Pacific Drayage Services for Seattle, Tacoma Markets

IMC Cos., a Memphis, Tenn.-based intermodal logistics company, announced it launched Pacific Drayage Services to provide drayage and warehousing services to customers in the Seattle and Tacoma markets of Washington.

September 13, 2019
Business, Technology, Fuel

Porsche, Tesla Compete on Electric Vehicle Speed

First there was derision. Then mockery turned into admiration. Now a battle is unfolding between the most revered names in the automobile world, Porsche and Tesla Inc., on one of the world’s most challenging racetracks.

September 13, 2019
Business, Top 100

PGT Trucking Makes Changes to Leadership Roles

PGT Trucking Inc. announced changes to executive leadership in a Sept. 12 news release.

September 13, 2019
Government, Business, Safety

Railroads’ PTC Implementation Progressing, FRA Announces

Rail operators’ implementation of automatic braking technology continues to show progress, federal regulators announced this week.

Eugene Mulero | Senior Reporter
September 13, 2019
Government, Business, Fuel, TCA

Michigan House Bills Could Prompt Local Fuel Taxes

Gas prices could look a little different across county lines under legislation proposed in the Michigan House this week.

Lauren Gibbons | MLive.com
September 13, 2019
Government, Business, Fuel

White House Plans Biofuel Quota Boost to Offset Refinery Waivers

President Donald Trump has tentatively agreed to a plan for bolstering ethanol and biodiesel, amid pressure from Midwest U.S. senators who warned the president that without action, he risks votes in next year’s election.

September 13, 2019
Business, Technology, Equipment, Fuel

New Volvo Engine Offers Fuel Economy, Efficiency Gains

DUBLIN, Va. — The next generation of the 13-liter turbo compound engine from Volvo Trucks North America offers improved fuel economy over the current model, the company announced.

Joe Howard | Executive Editor
September 13, 2019
Government, Business, Technology, Fuel

Trump Administration Poised to Pull California’s Clean-Car Power

The Trump administration has decided to advance a plan to strip California of its power to regulate greenhouse gas emissions from automobiles on its own.

Ryan Beene | Bloomberg News
September 13, 2019
Government, Business, Top 100

UPS to Pay $8.4 Million to Settle Claim of Overcharging Government

WASHINGTON — The Justice Department says United Parcel Service Inc. must pay $8.4 million to settle allegations that the company was overcharging the federal government for package deliveries.

September 13, 2019