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

Tariffs Deliver on One Front, IIF Study Finds

President Donald Trump’s tariffs on imports from China continue to attract opposition from economists and much of the business community. They also may be delivering on at least one goal of the administration’s trade wars: reducing imports of targeted products from China.

February 5, 2019
Business, Technology, Logistics, Top 50

FitzMark Acquires Reliable Source Logistics

Two Indianapolis-based freight brokerage firms, FitzMark Inc. and Reliable Source Logistics, are joining forces in a quest to build a global “logistics powerhouse,” company officials said.

Daniel P. Bearth | Staff Writer
February 5, 2019
Government, Business, Logistics, TCA

Truckers, Residents Voice Concerns Over Aging Syracuse Viaduct

AUBURN, N.Y. — U.S. Rep. John Katko held a town hall meeting regarding the fate of an aging viaduct in the center of Syracuse on Feb. 4, listening to concerns regarding the trucking industry, lakes, pollution and traffic.

Patrick Lohmann | Syracuse, N.Y. Media Group
February 5, 2019
Business, Equipment

Volvo Group Announces Oklahoma City Facility for Recycled, Renovated Parts

The Volvo Group is opening a Dex Heavy Duty Parts site in Oklahoma City, according to a Feb. 4 press release. Dex, a subsidiary of Volvo and a supplier of recycled, renovated and surplus medium- and heavy-duty truck parts, also operates a site in Advance, N.C.

February 5, 2019
Business, Technology, Autonomous

Waymo Linked to AV Deal With Renault-Nissan-Mitsubishi Alliance

Waymo is in advanced talks with Renault SA, Nissan Motor Co. and Mitsubishi Motors Corp. to develop autonomous cars, according to sources familiar with the matter, in a move that would join a leading self-driving force with the world’s largest automotive alliance.

February 5, 2019
Government, Business, TCA

Agency Seeks $15 Million for First Phase of Dredging at Florida Port

The agency overseeing the Port of Port St. Joe in Florida has submitted a pre-application to Triumph Gulf Coast, Inc. seeking $15 million for the first phase of dredging the federally authorized shipping channel.

Tim Croft | The Star (Port St. Joe, Fla.)
February 5, 2019
Business, Technology, Equipment, Fuel

DHL Express Launches New Fleet of Electric Delivery Vans in San Francisco

DHL Express is rolling out a new fleet of 63 electric delivery vans in the United States as part of the German company’s goal to reduce logistics-related emissions to zero by 2050.

February 5, 2019
Business, Technology

GM’s Diesel Pickups Pave Way to Electric Future

The vehicles that will secure the next decade for General Motors Co. aren’t covered in self-driving sensors or loaded with batteries. No, the future depends on hulking pickup trucks that often run on diesel and cost more than the average BMW.

David Welch | Bloomberg News
February 5, 2019
Business, Fuel

Envirosafe Launches E-Cube Mobile Bulk Fuel Storage Option

Envirosafe Tanks, a Florida-based above-ground fuel storage system manufacturer, has launched E-Cube Mobile, which targets customers looking to transport bulk fuel with portable storage tanks.

February 5, 2019
Government, Business, Safety

FMCSA Drops Plan for Split Sleeper Berth Pilot Program

The Federal Motor Carrier Safety Administration has scrapped plans for a 12-month split sleeper berth pilot program designed to collect real-world data on the safety of drivers who split their sleeper berth time in a variety of ways.

Eric Miller | Senior Reporter
February 5, 2019