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

RhodeWorks Architect Gov. Gina Raimondo Wins Primary

Rhode Island Gov. Gina Raimondo, creator of the controversial RhodeWorks program, will remain on the ballot for this year’s general election to take on two-time rival Allan Fung.

Eleanor Lamb | Staff Reporter
September 13, 2018
Government, Business, Technology

All Railroads Should Install PTC by Dec. 31 Deadline, NTSB Tells Congress

Equipping the country’s freight and commercial trains with technology designed to automatically slow down or stop trains traveling at dangerous speeds would improve safety, the head of the National Transportation Safety Board told Congress Sept. 13.

Eugene Mulero | Senior Reporter
September 13, 2018
Business, Technology, Equipment, Fuel, TCA

Pittsburgh to Receive Eight New Charging Stations for Electric Vehicles

Pittsburgh Parking Authority garages will see nearly double the number of electric vehicle charging stations through a gift from Duquesne Light Co.

Bob Bauder | The Tribune-Review, Greensburg (Pa.)
September 13, 2018
Business, Technology

Walmart Gives Jet.com Facelift With Eye on Urban Shoppers

Walmart Inc. has refurbished its Jet.com site to cater even more to the city dwellers who make up the bulk of its shoppers.

Matthew Boyle | Bloomberg News
September 13, 2018
Government, Business

Core Inflation Unexpectedly Cools as Apparel Costs Fall

A gauge of underlying U.S. inflation unexpectedly cooled in August as apparel prices fell by the most in about seven decades and medical-care costs declined, offering Americans a respite from accelerating price gains.

Katia Dmitrieva | Bloomberg News
September 13, 2018
Business, Technology, Equipment

TMC Set to Crown Next SuperTech Grand Champ

The Technology & Maintenance Council of American Trucking Associations is hosting its 2018 fall meeting and national technician skills competitions through Sept. 20 in Orlando, Fla.

Fran Matso Lysiak | Features Editor
September 13, 2018
Government, Business, Technology, Equipment, Fuel

Continued Testing, Cleaner Fuel Proposed for Diesel Engines

Diesel fuel still has a large role to play in achieving greater emissions reductions in heavy-duty trucks, experts said during a recent conference in San Francisco. Separately, they urged more in-use testing of engines to verify the gains, and increased use of renewable diesel, which is chemically similar to petroleum diesel, but cleaner.

Roger Gilroy | Senior Reporter
September 13, 2018
Government, Business, Technology

FMCSA Website Logs More Than 1,700 Comments on Potential HOS Changes

In written comments reacting to potential changes to federal driver hours-of-service rules, truckers clearly favor a potential plan by the Federal Motor Carrier Safety Administration to give them more flexibility with their driving and workday hours.

Eric Miller | Senior Reporter
September 13, 2018
Business

Benefits Again on the Rise as Carriers Seek to Bolster Workforce

Wages and bonuses for drivers aren’t the only incentives that are increasing as the trucking industry tries to keep up with the demands of a strong economy and a driver shortage, estimated to be at least 50,000 and expected to grow.

Dan Ronan | Senior Reporter
September 13, 2018
Government, Business

Fed Survey Finds Concerns About Rising Trade Tensions

WASHINGTON — The Federal Reserve reported Sept. 12 that its latest survey of business conditions nationwide found rising concerns over the impact Trump administration trade policies could have on the economy.

Martin Crutsinger | Associated Press
September 13, 2018