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, Safety

Michigan Transportation Funding Debate Continues as Budget Deadline Looms

Michigan lawmakers continue to deliberate transportation funding sources as the Oct. 1 budget deadline creeps closer.

Eleanor Lamb | Staff Reporter
August 30, 2019
Business, Logistics

Schneider Lays Off 107 Workers in California

Schneider National Carriers will lay off 107 employees at a Fontana, Calif., distribution terminal, the result of a failed home-delivery operation it launched three years ago.

Jack Katzanek | The Press Enterprise (Riverside, Calif.)
August 30, 2019
Business, Logistics, TCA

Port of Indiana-Burns Harbor to Invest $20 Million

The Port of Indiana-Burns Harbor plans to invest nearly $20 million over the next four years in a major expansion that will boost its cargo handling capacity.

Joseph S. Pete | The Times (Munster, Ind.)
August 30, 2019
Business, Equipment

Bridgestone Americas Shifts Senior Leadership Structure

Tire maker Bridgestone Americas Inc. announced a shift in its senior leadership structure, effective Sept. 16.

August 30, 2019
Business, Technology, Equipment

Mack Defense Partners With Truck-Lite Co.

Mack Defense, a subsidiary of Mack Trucks, has partnered with Truck-Lite Co. which will provide lighting systems for its M917A3 heavy dump truck.

August 30, 2019
Government, Business, Fuel

US Chamber Breaks With Trump Plan to Slash Auto Mileage Rules

The U.S. Chamber of Commerce called on the Trump administration and California officials to find a middle ground on automobile efficiency standards that federal agencies plan to slash, warning of “potentially dire consequences” without a workable compromise that continues to improve fuel economy.

Ryan Beene | Bloomberg News
August 30, 2019
Government, Business

Consumer Sentiment Falls Most Since 2012

U.S. consumer sentiment fell the most in six years, slumping to the lowest level of Donald Trump’s presidency as Americans expressed concern about how his tariffs will affect the economy.

Reade Pickert | Bloomberg News
August 30, 2019
Business, Technology

Transflo Offers Solar-Powered Trailer Tracking

Transflo, a Pegasus TransTech company, introduced Transflo Trailer Tracking, a solar-powered device that integrates into the Transflo Mobile+ platform.

August 30, 2019
Government, Business, Equipment, Safety

FMCSA Declares Emergency Ahead of Hurricane Dorian

The Federal Motor Carrier Safety Administration issued an emergency declaration Aug. 29 for the states and territories that are expected to lie in Hurricane Dorian’s path, offering regulatory waivers for motor carriers involved in relief efforts.

Eleanor Lamb | Staff Reporter
August 30, 2019
Government, Business, Safety

FMCSA to Hold Second Listening Session Sept. 17 on HOS Proposal

The Federal Motor Carrier Safety Administration announced that on Sept. 17, it will conduct a second listening session on potential changes to the agency’s hours-of-service rule.

Eric Miller | Senior Reporter
August 30, 2019