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.

Government, Business, Fuel

YRC’s Darren Hawkins Questions Tolling’s Viability at House Hearing

WASHINGTON — As policymakers evaluate viable long-term approaches to fund the country’s transportation network, a trucking industry executive warned against relying on tolling.

Eugene Mulero | Senior Reporter
September 11, 2019
Business, Technology, Logistics

North American Drone Companies Ready to Buzz

Drone companies are stepping up their plans to make final-mile delivery a regular part of freight movement by 2020.

Jim Stinson | Staff Reporter
September 11, 2019
Business, Breaking News

T. Boone Pickens Dies at Age 91

OKLAHOMA CITY — T. Boone Pickens, a brash and quotable oil tycoon who grew even wealthier through corporate takeover attempts, died Sept. 11. He was 91.

Cliff Brunt | Associated Press
September 11, 2019
Business, Technology, Equipment, Safety

Fleets Weigh Training, Outsourcing to Handle Time-Consuming Repairs

Increasingly, fleet managers must choose between investing in more technician tools and training or outsourcing the most time-consuming maintenance tasks that involve complex parts.

Katie Pyzyk | Special to Transport Topics
September 11, 2019
Government, Business

Uber Braces for Fight Over Big Change to Gig-Economy Work Rules

Uber Technologies Inc. has generated billions of dollars from the labor of its drivers without the expense of treating them as employees. California is poised to disrupt that business model, and the ride-hailing behemoth is gearing up for a legal fight.

Joel Rosenblatt | Bloomberg News
September 11, 2019
Business, TCA

Mack Plans Temporary Layoffs at Pennsylvania Plant

With the market shifting into a lower gear, Mack Trucks is planning to adjust production at its Lower Macungie Township, Pa., assembly plant by scheduling two down weeks during the fourth quarter.

Jon Harris | The Morning Call (Allentown, Pa.)
September 11, 2019
Government, Business, Fuel

White House to Meet With Oil, Biofuel Makers in Bid for Deal

Trump administration officials are set to consult with oil refiners and renewable fuel producers at the White House on Sept. 11, as they struggle to develop a final plan for bolstering corn-based ethanol and soy-based biodiesel.

September 11, 2019
Business, Fuel

TA Adds Location in Utah

TravelCenters of America Inc. plans to add a location in Salina, Utah, through a franchise agreement.

September 11, 2019
Business, Technology

Schneider Uses AI to Improve Estimated Arrival Times

Schneider has leveraged artificial intelligence to develop a proprietary tracking application programming interface, called ETAi, intended to provide more accurate arrival times to freight customers compared with tracking aggregators.

September 11, 2019
Government, Business, Fuel

Oil Services Should Prepare for Recession, Rystad Warns

The oil services sector will contract in 2020 as producers cut spending in response to lower crude prices, ending three years of growth, according to Rystad Energy.

Simon Casey | Bloomberg News
September 11, 2019