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, Technology, Safety

Transportation Secretary Elaine Chao Stresses Benefits of Long-Term Highway Bill

Transportation Secretary Elaine Chao says state and local governments also would benefit from a long-term infrastructure plan. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.

Eugene Mulero | Senior Reporter
July 8, 2019
Government, Business, Fuel

CARB Fines Anheuser-Busch $500,000 for Pollution Violations

Wrapping up an investigation begun four years ago, the California Air Resources Board announced July 1 it fined brewing company Anheuser-Busch $500,000 for medium- and heavy-duty trucks that violated the state’s air pollution laws.

Roger Gilroy | Senior Reporter
July 8, 2019
Business, Fuel

Oil Holds Above $57 as Iran Tension Stirs Concern Over Supply

Oil held above $57 a barrel as rising tension in the Middle East kept investors wary of potential supply disruptions. Futures were little changed in New York after rallying 2.2% since July 3.

July 8, 2019
Business, Logistics

Amazon Workers Plan Prime Day Strike at a Minnesota Warehouse

Amazon.com Inc. warehouse workers in Minnesota plan to strike during the online retailer’s summer sales extravaganza, a sign that labor unrest persists even after the company committed to paying all employees at least $15 an hour last year.

July 8, 2019
Government, Business, Safety, Perspective

Perspective: Putting Safety Above ‘Misclassification’

A recent effort in a state legislature illustrates how trial lawyers’ zeal to preserve rules that limit a carrier’s control over an independent owner-operator — specifically, as it relates to motor carrier deployment of safety technologies — threatens to impede progress in trucking safety.

Prasad Sharma | Scopelitis, Garvin, Light, Hanson & Feary
July 8, 2019
Business

3 Ways to Manage the Driver Shortage

In this whitepaper, we provide actionable insights into how you can expand your driver recruitment pool, shorten the onboarding process to ensure your drivers make it to orientation, and identify and retain your best drivers for years to come.

July 6, 2019
Government, Business, Technology, Autonomous, TCA

California Greenlights Waymo Taxi Test Program

California has granted Waymo permission to carry passengers in the autonomous vehicles it is testing on the state’s roads, paving the way for the self-driving car company to roll out a taxi service in San Jose.

Levi Sumagaysay | The Mercury News (San Jose, Calif.)
July 5, 2019
Government, Business, Fuel

US Biofuel Quotas Would Get Modest Bump Under EPA Proposal

The Trump administration on July 5 advanced plans to modestly lift U.S. biofuel-blending targets, while dodging fights over how frequently to waive refineries from the quotas and how to offset those exemptions.

July 5, 2019
Government, Business, Logistics, TCA

Great Lakes High Water Could Hurt Shipping, Industry Warns

As high water levels persist in the Great Lakes, some shoreline dwellers are putting pressure on officials to open up dams in the east to let out more water, but shipping industry officials in Duluth, Minn., and Superior, Wis., worry such a move thousands of miles away could have big consequences locally.

Pam Louwagie | Minneapolis Star Tribune
July 5, 2019
Business, Safety

Two-Time 3-Axle Champ Mark Cole Adds Grand Champion Title in Montana

Mark Cole of FedEx Freight found himself in the winner’s circle for the second year in a row as 3-Axle champion, then added the Grand Champion title June 15 at the Montana Truck Driving Championships in Helena.

Linda Tufano | Content Manager
July 5, 2019