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, Equipment, Fuel

TRB Truck Size and Weight Panel Faces Political Headwinds Over Heavier, Larger Trucks

WASHINGTON — Members of the Transportation Research Board’s Truck Size and Weight Committee said they continue to face stiff headwinds to garner public and political support for heavier and longer trucks, despite evidence that demonstrates the potential for reducing carbon emissions and increasing cargo efficiency.

Eric Miller | Senior Reporter
January 23, 2019
Government, Business, Safety, Perspective

Opinion: Trucking Can Help Fight Human Trafficking

January is Human Trafficking Awareness Month, but the trucking industry must commit all year to continuing to address the human trafficking crisis happening in our communities from coast to coast, says Sherri Garner Brumbaugh.

Sherri Garner Brumbaugh | Chairman, American Trucking Associations
January 23, 2019
Government, Business

Texas, California, Florida Best States for Job Creation in 2018, Labor Stats Show

Texas, California and Florida created more than 200,000 jobs in 2018, according to employment data released by the Bureau of Labor Statistics.

Alexandre Tanzi | Associated Press
January 23, 2019
Business, Technology, Autonomous

Amazon to Test Delivery Robots on Seattle-Area Sidewalks

Amazon.com will use robots to deliver packages in the suburbs north of Seattle, its latest experiment to automate the last mile of delivery that is a labor-intensive and costly component of buying products online.

January 23, 2019
Government, Business

Mayors Call for Infrastructure Deal, Federal Cooperation

WASHINGTON — Pursuing a federal infrastructure package is a top priority for mayors this year, according to Steve Benjamin, mayor of Columbia, S.C.

Eleanor Lamb | Staff Reporter
January 23, 2019
Government, Business

Zero Growth This Quarter Possible With Shutdown, White House Says

White House Council of Economic Advisers Chairman Kevin Hassett said that if the partial government shutdown extends through March, there’s a chance of zero economic expansion this quarter, though “humongous” growth would follow once federal agencies reopen.

January 23, 2019
Business, Technology

Auto Driveaway Adds Truck Hauling With Purchase of J&J Driveaway

Auto Driveaway, a company based in Lombard, Ill., that supplies drivers to move vehicles for corporations and fleet management firms, is buying J&J Driveaway and J&J Freight Brokers, companies that provide drivers to move heavy-duty trucks.

Daniel P. Bearth | Staff Writer
January 23, 2019
Government, Business, Fuel

Missouri Rep. Sam Graves Consistent in Support of VMT Funding Approach

When policymakers kick off debate on “pay-fors” for a long-term infrastructure plan, the vehicle-miles-traveled funding approach that seems to be gaining bipartisan support in Congress is expected to play a major role.

Eugene Mulero | Senior Reporter
January 23, 2019
Government, Business

NFI/Cal Cartage to Close Port of L.A. Facility After Union Battle, Controversies

NFI Industries announced plans to close its 600,000-square-foot warehouse at the Port of Los Angeles in the wake of a decision by the Los Angeles City Council not to extend the lease on the 85-acre facility.

Dan Ronan | Senior Reporter
January 23, 2019
Government, Business

Japan Exports Sink 3.8% in December, Hit by China Slowdown

TOKYO — Japan’s exports fell 3.8% in December from a year earlier, hit by slowing demand in China, as the trade balance shifted back into deficit for the year, the Japanese government reported Jan. 23.

Yuri Kageyama | Associated Press
January 23, 2019