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

Dave Manning Honored With IANA’s Silver Kingpin Award

LONG BEACH, Calif. — Dave Manning, president of TCW Transportation and chairman of American Trucking Associations, received the 2018 Silver Kingpin Award from the Intermodal Association of North America during the IANA Intermodal Expo 2018.

Mindy Long | Special to Transport Topics
September 18, 2018
Government, Business

Senate Passes Bill Requiring HHS to Explain Delays in Hair-Testing Guidelines

The Senate has passed legislation with a provision that would require the Department of Health and Human Services to provide an explanation for a 21-month delay in issuing mandatory federal hair testing guidelines for safety-sensitive transportation employees such as truck drivers.

Eric Miller | Senior Reporter
September 18, 2018
Business, Technology, Fuel, Autonomous

Automation, Electrification Could Advance Faster in Intermodal

LONG BEACH, Calif. — Autonomous technologies and electrified equipment will have specific roles in the transportation and intermodal sectors and already are increasing safety and improving efficiency. As the technology continues to advance, it may gain adoption faster in the controlled situations within intermodal yards and drayage environments.

Mindy Long | Special to Transport Topics
September 18, 2018
Government, Business, Fuel

EU Investigates German Carmakers for Possible Collusion

BRUSSELS — European Union regulators have opened an in-depth investigation into whether automakers BMW, Daimler and Volkswagen colluded to limit the development and rollout of car emission control systems.

Lorne Cook and David McHugh | Associated Press
September 18, 2018
Government, Business, Logistics, TCA

Savannah Port Extends Volume Growth

If there is one word that describes Georgia ports in 2018 it is “growth,” with another record-breaking month in the books.

DeAnn Komanecky | Savannah (Ga.) Morning News
September 18, 2018
Business, Equipment

Mercedes-Benz Zetros In-Cab Demo

Inside-the-cab video of a Mercedes-Benz Zetros, a model from Mercedes-Benz Special Vehicles that operates essentially as a severe-duty truck.

September 18, 2018
Government, Business, Technology

Tesla Is Target of Criminal Investigation

Tesla Inc. is under investigation by the Justice Department over public statements made by the company and CEO Elon Musk, according to two people familiar with the matter. The criminal probe is running alongside a previously reported civil inquiry by securities regulators.

September 18, 2018
Government, Business

PennDOT Pilot Reaches More Small Businesses

Pennsylvania Gov. Tom Wolf has announced a new state Department of Transportation pilot program geared toward small businesses.

Eleanor Lamb | Staff Reporter
September 18, 2018
Government, Business

FedEx Downplays US-China Trade Spat’s Impact on Its Business

DALLAS — Shortly before the Trump administration announced a new round of tariffs against Chinese goods, FedEx Corp. leaders tried to assure investors Sept. 17 that a widening trade war will have little direct effect on the company.

David Koenig | Associated Press
September 18, 2018
Government, Business, Safety, Logistics

Trucking, Logistics Firms Assess Florence-Related Relief Needs

In response to Florence, which has claimed at least 32 lives, trucking companies and logistics groups are fielding requests for supplies and mapping out routes to deliver aid.

Eleanor Lamb | Staff Reporter
September 18, 2018