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

FMCSA Receives Two More Petitions for HOS Exemption

The Federal Motor Carrier Safety Administration has received requests for exemption from hours-of-service rules from a trade group representing waste haulers and a business that provides ground support for helicopters.

Eleanor Lamb | Staff Reporter
April 2, 2019
Government, Business, Logistics

Tolling Plan Approved for Manhattan, but Rates Remain Unclear

New York Gov. Andrew Cuomo’s recently approved spending plan includes a variable tolling program that would affect travelers driving into Manhattan. Its impact on trucking is still unknown.

Eleanor Lamb | Staff Reporter
April 2, 2019
Business, Fuel

Grammer Industries Acquires Sterling Transport Co.

Grammer Industries Inc. announced it has acquired North Vass, N.C.-based Sterling Transport Co.

Daniel P. Bearth | Staff Writer
April 2, 2019
Government, Business, Logistics

NYC Congestion Pricing Triggers Hustle for Discounts, Exemptions

Commercial truckers want out of New York City’s first-in-the-nation congestion pricing. So do advocates for the disabled, taxi drivers and swaths of the suburbs.

April 2, 2019
Government, Business, Technology, Safety

NHTSA Probing Hyundai, Kia for Cars That Catch Fire

The National Highway Traffic Safety Administration is investigating some 3 million U.S. vehicles made by Hyundai Motor Co. and Kia Motors Corp. after thousands of complaints that the vehicles went up in flames even without being involved in a crash.

Ryan Beene and Sohee Kim | Bloomberg News
April 2, 2019
Business, Technology, Fuel

Shell to Leave Oil Lobby Group Over Climate Policy Concerns

Royal Dutch Shell Plc’s position on climate change is misaligned with about half of the trade associations it’s a part of, and the company says its disagreement with one is so severe that it will let its membership lapse next year.

Kelly Gilblom | Bloomberg News
April 2, 2019
Government, Business

Business-Equipment Orders Post Third Drop in Four Months

Orders placed with U.S. factories for business equipment fell in February for the third time in four months, suggesting corporate investment remains subdued amid a slowing global economy and uncertainty over the trade war with China.

April 2, 2019
Government, Business, Fuel

Diesel Dips 0.2¢ to $3.078 a Gallon as Oil Surges

The U.S. retail diesel average price dipped 0.2 cent to $3.078 a gallon, the Department of Energy reported, as the price of crude oil surged past $61 a barrel amid tighter supplies.

Roger Gilroy | Senior Reporter
April 1, 2019
Business, Technology, Logistics

Tesla Quarterly Sales Announcement Could Come With a Surprise

Tesla Inc. will announce this week how many cars it built and sold for the quarter. It’s always a day of suspense for investors, especially after a tumultuous 2018 in which production tripled while managing to fall short of dramatic targets set by Tesla CEO Elon Musk. This time around, there could be another surprise.

Tom Randall | Bloomberg News
April 1, 2019
Government, Business, Technology, Safety, Logistics

Senate Appropriators Raise Livestock Industry’s ELD Concerns

Federal policymakers continue to share livestock haulers' concerns over the ELD mandate. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.

Eugene Mulero | Senior Reporter
April 1, 2019