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

FMCSA Sued by California Over Uniform Meal-and-Rest-Break Declaration

California officials are suing the Federal Motor Carrier Safety Administration over the agency’s determination that federal rest-break laws pre-empt California’s separate meal-and-rest-break requirements.

Eleanor Lamb | Staff Reporter
February 11, 2019
Government, Business

Maryland Bill Would Allow Counties to Veto State Toll Plans

A Maryland legislator introduced a bill that would require the state to get majority approval from counties before installing tolls on highways and bridges that run through those counties.

Eleanor Lamb | Staff Reporter
February 11, 2019
Government, Business

Former Secretary Ray LaHood’s Roadmap for an Infrastructure Plan

A former DOT chief lays out a four-step plan to put America "back in the transportation business again." Here's Capitol Agenda's look at the week ahead for trucking on Capitol Hill.

Eugene Mulero | Senior Reporter
February 11, 2019
Business, Safety, TCA

Pennsylvania Trucker Quietly Goes About Amassing More Than 2 Million Safe Miles

Some people talk a good game, but that doesn’t describe Tim Palkovic. Ask the 60-year-old driver for Curtze Food Service what makes him a good truck driver, and he laughs a little as his silver Freightliner rolls down Interstate 90, headed west and home after a night pulling a pair of 28-foot trailers from Erie to Buffalo, N.Y., to Kenmore, N.Y., and back to Erie.

February 11, 2019
Business, Safety, Fuel

TransCanada: Keystone Pipeline Likely Source of Oil Spill in Missouri

TransCanada Corp. said its Keystone pipeline, which carries Canadian crude to the United States, likely was the source of an oil spill in Missouri that prompted the company to shut a segment of the line.

February 11, 2019
Business, Technology, Top 100

Walmart Wants to Expand Reach in Online Advertising

Walmart Inc. is big in almost every way — 4,755 stores, 1.5 million employees and $380 billion in revenue in the United States alone. But one part of the world’s largest retailer remains minuscule. “We have a tiny ad business,” CEO Doug McMillon told investors in October. “It could be bigger.”

Matthew Boyle | Bloomberg News
February 11, 2019
Business, Technology

Tesla CEO Elon Musk Visits Norway to Address Service Capacity Issues

Tesla Inc. CEO Elon Musk visited Norway to accelerate a fix to service capacity in a key market for the carmaker after delays and bottlenecks angered customers in Scandinavia’s richest nation.

Mikael Holter | Bloomberg News
February 11, 2019
Government, Business, Logistics

Analyst Says Fuel Supply Inadequate for Ocean Shippers to Comply With New Rule

Not enough low-sulfur fuel oil is available to replace the fuels used by marine shippers ahead of a fast-approaching regulation, according to analysis by Wood Mackenzie.

Erin Douglas | Houston Chronicle
February 11, 2019
Government, Business, Technology, Equipment, Fuel, Logistics, Autonomous, TCA

Robot Package Delivery Trucks Developed in Detroit Ready for China, US

Looking like a delegation of toasters from space, a generation of electrically powered, self-driving mail trucks will roll out of a suburban Detroit industrial park later this year. Their mission: Revolutionize mail and package delivery.

Mark Phelan | Detroit Free Press
February 11, 2019
Business, Logistics

Tech Startup ePallet Raises $3 Million to Fund 2019 Growth

ePallet Inc., a California-based firm that provides technology to enable food shippers and consumers to buy and sell products in pallet-size quantities direct from manufacturers and food processing firms, has said it has raised $3 million in funding.

February 11, 2019