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.

Business, Technology, Equipment, Safety, Fuel, Autonomous

New TMC Chairman Kenneth Calhoun Aims to Bolster Technician Recruiting, Training

Advancing the Technology & Maintenance Council’s efforts to address the trucking industry’s technician shortage and enhancing education and training for entry-level workers are among the top priorities for Kenneth Calhoun, the council’s new general chairman and treasurer.

Fran Matso Lysiak | Features Editor
March 21, 2019
Business, Technology, Equipment, Safety, Editorial

Editorial: Mining Data to Cover More Miles

The importance of mining repair data for information that can help improve the performance of motor carriers’ equipment was a continuous message during presentations at the annual meeting of the Technology & Maintenance Council of American Trucking Associations recently from companies across the spectrum of industry suppliers. They either introduced or updated products designed to wring more efficiencies out of freight operations.

March 21, 2019
Business, Logistics, TCA

GM Plans Electric Investment in Michigan Plant

General Motors Co. will throw a bone to President Donald Trump on March 22 by announcing an investment in its electric-car plant north of Detroit after enduring days of intense criticism for idling an Ohio factory.

March 21, 2019
Business, Technology, Safety

Fleets Credit Safety Systems, Video With Reducing Crashes, Claims

ATLANTA — Active safety technologies such as collision mitigation and lane departure warnings have proved effective at preventing crashes, but proper maintenance and driver training are necessary to get the most out of these systems, fleet executives and suppliers said.

Seth Clevenger | Managing Editor, Features and Multimedia
March 21, 2019
Government, Business, Technology, Safety, Fuel

Congress Returns to Debate Infrastructure, Fiscal 2020 Funding, Nominees

Policymakers make their way back to Capitol Hill after a weeklong spring recess to continue to stitch together the provisions for a comprehensive infrastructure bill they want to pass by August.

Eugene Mulero | Senior Reporter
March 21, 2019
Government, Business, Logistics, TCA

Florida Farmers Push Protection as Trump Seeks USMCA Approval

Manatee County, Fla., tomato farmer Gary Reeder says he has seen the county’s tomato industry “basically cut in half” during his lifetime. Reeder says Florida tomato farmers struggle to compete with their counterparts in Mexico.

Zac Anderson | The Sarasota, Fla., Herald Tribune
March 21, 2019
Business, Technology, Equipment

Thousands More Trailer Orders in February Amid Jammed Backlog

U.S. trailer orders keep on coming and hit the mid-20,000s in February, contending for positions in an already lengthy backlog, analysts reported.

Roger Gilroy | Senior Reporter
March 21, 2019
Business, Technology, Equipment, TCA

Lytx Posts Record Level of Contract Value in 2018, CEO Brandon Nixon Says

Lytx, the maker of the DriveCam video system for commercial truck fleets, posted a 30% increase in the number of vehicles using its technology in 2018 as more companies adopt in-cab cameras to reduce risk.

March 21, 2019
Government, Business

FMCSA's HOS Rule Suspensions Continue Amid Flood Recovery

Federal and state emergency declarations relaxing hours-of-service rules for haulers involved in the relief response to severe flooding in the Midwest remain in effect.

Eleanor Lamb | Staff Reporter
March 21, 2019
Government, Business

Philadelphia Fed’s Factory Outlook Is Weakest in Three Years

The six-month outlook for manufacturing in America’s mid-Atlantic region slumped to a three-year low, another sign that expectations for weaker global growth may be weighing on producers.

Jeff Kearns | Bloomberg News
March 21, 2019