Business
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.
Cybercrime: Yes, It Can Happen to Your Fleet
Cyberattacks have become one of the top risks facing U.S. businesses, and trucking and logistics companies are no exception. Despite the increasing sophistication of these attacks, it’s still tempting to dismiss the threat — to think it’ll never happen to you. But the danger is very real and must be taken seriously by transportation firms of all sizes.
DOT’s Committee Against Human Trafficking Holds First Meeting
WASHINGTON — Targeted outreach efforts and training are key to reaching industry representatives who can aid in the fight against human trafficking, according to Kendis Paris, executive director of Truckers Against Trafficking.
Utility Trailer Unveils Enhanced Floor Technology
Utility Trailer Manufacturing Co. announced the roll out of its new flooring technology.
December 6, 2018Editorial: Catching Up With the Pace of Change
The trucking industry has been through quite a period of transformation during the past 12 months. Perhaps it’s time to take a breather — and take stock of where we are. As 2018 draws to a close, things aren’t as hectic as they were one year ago, but change still persists.
December 6, 2018Congress Should Raise Fuel Tax for Infrastructure Projects, New Report Recommends
Federal policymakers should raise and index federal fuel taxes to address immediate funding needs for the vast network of infrastructure projects and transportation corridors nationwide, recommended authors of a National Academies of Sciences, Engineering and Medicine report published Dec. 6.
Freight Forwarder BDP International Selects Greenbriar as Equity Partner
Freight forwarder BDP International has selected Greenbriar Equity Group, a New York-based investment firm, as its first strategic equity partner, according to a statement issued by the company Dec. 6.
December 6, 2018Tennessee Tech Nixes Plan to Build Intelligent Mobility Center With Fitzgerald Glider Kits
Tennessee Tech University officials have ended plans to establish an Intelligent Mobility Research Center in a partnership with Fitzgerald Glider Kits after a university research misconduct investigation discredited a university study that concluded in some cases glider trucks polluted less than newer heavy trucks.
US Becomes Net Oil Exporter for First Time in 75 Years
America turned into a net oil exporter the week of Nov. 26, breaking 75 years of continued dependence on foreign oil and marking a pivotal — even if likely brief — moment toward what President Donald Trump has branded as “energy independence.”
Funding, Freight Among Retiring T&I Chairman Bill Shuster’s Enduring Priorities
After nearly two decades in Congress, Pennsylvania Republican Rep. Bill Shuster will at month’s end vacate his House seat and with it his perch as chairman of the influential Transportation and Infrastructure Committee.
Businesses Added a Solid 179,000 Jobs Last Month
WASHINGTON — U.S. businesses hired new workers at a solid pace in November, adding 179,000 jobs, according to a private survey.