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, Safety

FMCSA Drops Exemption Process for Insulin-Treated Diabetic Drivers

The Federal Motor Carrier Safety Administration has issued a final rule that will allow certificated medical examiners to decide whether truck drivers with stable diabetes are qualified to drive, eliminating a requirement that the drivers seek an exemption from the agency before being allowed to get behind the wheel.

Eric Miller | Senior Reporter
September 18, 2018
Business, Technology, Safety

New Mercedes-Benz Actros Showcases Daimler’s Next-Gen Safety Technologies

HANOVER, Germany — Touting technology that is as “easy to use as a smartphone,” Daimler AG on Sept. 18 showcased safety systems on the next generation of its global highway tractor that it said points the way forward for connectivity in the commercial sector.

Joe Howard | Executive Editor
September 18, 2018
Government, Business, Technology, Fuel

Strong Growth Expected in EV Charging Stations

Electric vehicle charging continues to surge, a move that will only hasten the adoption of electric cars and other vehicles such as commercial trucks. ChargePoint, which manages a network of EV charging locations worldwide, has pledged to build out 2½ million public charging ports by 2025, with roughly half of those in North America and half in Europe.

Skip Descant | Government Technology
September 18, 2018
Business, Equipment, Logistics, TCA

Wheeler Trucking to Add 70 Jobs After Securing GM Contract

SPRINGFIELD, Ohio — A trucking firm with a growing presence in Springfield is planning to add close to 70 new jobs after securing a contract with GM as the sole firm to haul new medium-duty trucks being produced at Navistar’s Springfield facility.

Matt Sanctis | Dayton (Ohio) Daily News
September 18, 2018
Business, Equipment, TCA

Maersk Container Vessel First to Take Arctic Shortcut

COPENHAGEN — A shipping vessel operated by the world’s largest container shipping company, Maersk, has for the first time managed to sail through Arctic waters off northern Russia, Danish public broadcaster DR reported Sept. 17.

September 18, 2018
Government, Business, Fuel

Two California Ports Get Millions to Reduce Air Pollution

The California Air Resources Board is awarding two grants topping $90 million to the nation’s two busiest ports — Port of Los Angeles and Port of Long Beach, respectively — to develop a Zero Emission and Near Zero-Emission Freight Facilities project.

Dan Ronan | Senior Reporter
September 18, 2018
Government, Business

China Looks Unlikely to Give In After US Tariff Hike

BEIJING — China unveiled a slew of changes under mounting pressure from U.S. President Donald Trump over technology.

Joe McDonald | Associated Press
September 18, 2018
Business

FedEx Profits Soar, Revenue Rises in Fiscal First Quarter

FedEx Corp. boosted its full-year profit outlook Sept. 17 as the shipping giant reported mixed financial results for the first quarter of its 2019 fiscal year.

Roger Gilroy | Senior Reporter
September 17, 2018
Government, Business, Fuel

Diesel, Gas Prices Creep Upward

The nationwide average price of diesel fuel increased by one penny to $3.268 a gallon, the Department of Energy reported Sept. 17.

Dan Ronan | Senior Reporter
September 17, 2018
Government, Business, Technology, Safety, Autonomous

Capitol Agenda for the Week of Sept. 17: ‘Iggy,’ the Doctor of Truckology, Fondly Remembered

Chris Ignowski left a lasting impression at FedEx and the National Truck Driving Championships as a safety proponent whose knowledge of the industry's rules and regulations was unmatched.

Eugene Mulero | Senior Reporter
September 17, 2018