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

Pressure on Shippers to Import Product Before Onset of Tariffs

With a strong U.S. economy, a tight freight market and a looming trade war, industry experts believe shippers have been rushing to get products into the United States several weeks early — ahead of tariffs being implemented by the Trump administration and before the approaching holiday shopping season ramps up.

Dan Ronan | Senior Reporter
September 21, 2018
Business, Technology

Economies of Scale Seen as a Benefit From Navistar-Traton Alliance

HANOVER, Germany — The partnership Navistar International has entered with Traton Group is opening up opportunities for economies of scale with procurement and technology development, Navistar executives said here during the IAA Commercial Vehicles show.

Joe Howard | Executive Editor
September 21, 2018
Government, Business, Safety

Jeff Denham, Sam Graves, Derek Kan to Headline Ripon Panel

Two top transportation authorizers in the U.S. House and a senior official at the U.S. Department of Transportation are scheduled to headline a discussion about the future of the country’s infrastructure at the Ripon Society on Sept. 27.

Eugene Mulero | Senior Reporter
September 21, 2018
Government, Business, Fuel

Economy Keeps Growing, Even With Rising Oil Prices

DALLAS — America’s rediscovered prowess in oil production is shaking up old notions about the impact of higher crude prices on the U.S. economy.

David Koenig | Associated Press
September 21, 2018
Government, Business, Logistics, TCA

Georgia Ports Authority Targets Container Capacity, Replacing Talmadge Bridge

Georgia Ports Authority Executive Director Griff Lynch plans to double the container capacity of the Garden City Terminal and possibly replace the Talmadge Memorial Bridge that spans the Savannah River.

DeAnn Komanecky | Savannah (Ga.) Morning News
September 21, 2018
Government, Business

DOT Announces Relief Funds for Carolinas

North Carolina and South Carolina will receive millions in federal funds to repair damaged infrastructure left in Hurricane Florence’s wake.

Eleanor Lamb | Staff Reporter
September 21, 2018
Government, Business, Technology, Equipment

The Case for Natural Gas Engines

I’ve speculated in the past that fleets would tire of natural gas engines, partic­ularly as legislators or regulators began taxing the alternative fuel on the same basis as diesel.

Phil Romba | Contributing Writer
September 21, 2018
Business

MEMA Searches for New CEO as Steve Handschuh Announces Retirement

The Motor & Equipment Manufacturers Association announced president and CEO Steve Handschuh has decided to retire effective Dec. 31, as a result of recent concerns with his health.

September 21, 2018
Business, Technology, Equipment

Electric Trucks Are Promising, but Industry Must Understand Full Energy Needs

It’s time to start discussing electric trucks in light of the reality that they only handle part of the energy required for propulsion, leaving important aspects of energy production to external power sources.

John Baxter | Special to Transport Topics
September 21, 2018
Business, Technology, Equipment, Safety

Technician Shortage Spurs Fleets to Outsource More Work

The truck technician shortage is causing some fleets to outsource more of their repair and maintenance work to dealerships.

Mindy Long | Special to Transport Topics
September 21, 2018