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

Trucking Executives, Transportation Experts Discuss Distracted Driving

Transportation companies — including trucking groups — can improve safety by promoting accountability at the individual, executive and peer levels, according to industry representatives.

Eleanor Lamb | Staff Reporter
April 12, 2019
Government, Business, Safety, Logistics

Spring Snowstorm Buries Midwest, Tornadoes Possible in South

Strong winds and more snow hit the Midwest on April 12 after a spring storm buried several states in snow and created dangerous travel conditions, while forecasters warned of potential weekend tornadoes in the South.

April 12, 2019
Business, Logistics

Port Logistics Group Expands Into Midwest

Port Logistics Group, a Los Angeles-based warehousing and transloading company, announced its first expansion into the Midwest on April 4.

April 12, 2019
Government, Business, Logistics

More Women See Roles Expanding on Family Farms

As the average U.S. farmer ages, more women are stepping up as decision makers to help feed a booming global population.

April 12, 2019
Business, Technology

Fleetilla, Polte Team on Asset-Tracking Tech

Fleetilla, an asset-tracking and fleet management company, announced a collaboration with Polte Corp., a location-technology company, and will integrate Polte’s technologies into its services, according to a news release.

April 12, 2019
Business

Waterfall, TRP Capital Partners Invest in Truck Rental Firm Flex Fleet

Flex Fleet Rental, a Salt Lake City company that provides commercial truck rentals, is receiving financial backing from Waterfall Asset Management and TRP Capital Partners to expand its business and establish a national presence.

Daniel P. Bearth | Staff Writer
April 12, 2019
Business, Technology, Autonomous

Uber’s Investment in Autonomous Tech Tops $1 Billion Since 2015

Uber Technologies Inc. has spent more than $1 billion on autonomous vehicle technology to compete with giants such as Alphabet Inc., Apple Inc. and General Motors Co.

April 12, 2019
Government, Business

Connecticut Gov. Ned Lamont Pitches Fewer Tolls Than Originally Planned

Connecticut Gov. Ned Lamont has revealed that an updated plan for toll roads in his state will involve no more than 50 tolling gantries, fewer than had been proposed in an early plan.

Eleanor Lamb | Staff Reporter
April 12, 2019
Business, Technology, Equipment

Stanadyne Buys Pure Power Technologies

Stanadyne has acquired Pure Power Technologies Inc., a manufacturer of diesel fuel injectors and turbochargers headquartered in Columbia, S.C.

April 12, 2019
Business, Technology

GM Talks With Amazon-Backed Electric Truck Maker Said to Collapse

Talks between General Motors Co. and electric-vehicle startup Rivian Automotive Inc. about the largest U.S. carmaker buying an equity stake have reached an impasse and may be dead, sources familiar with the matter said.

April 12, 2019