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, Top 100

Daseke Names New CFO

Addison, Texas-based Daseke Inc. announced on July 2 the appointment of Bharat Mahajan as its new chief financial officer. The company has been looking for a new CFO since Scott Wheeler — who had previously held the job — became Daseke’s president earlier this year.

July 3, 2018
Business, Technology, Equipment, Safety, Autonomous, TCA

Self-Driving Shuttle Bus Test to Begin This Year in Columbus, Ohio

Self-driving shuttle buses will be hauling riders around downtown Columbus later this year, a significant move as the city begins initiatives aimed at making it a “smart city” for transportation.

Mark Williams | The Columbus (Ohio) Dispatch
July 3, 2018
Government, Business

Several States Phase In Fuel-Tax Increases

Fuel is now more expensive in seven states: Oklahoma, South Carolina, Indiana, Maryland, Tennessee, Vermont and Iowa.

Eleanor Lamb | Staff Reporter
July 3, 2018
Business, Safety

Delaware's Louis Lockard Likes Variety in Competitions but Shows Consistency in Winning

For Delaware Grand Champion Louis Lockard of FedEx Freight, there is nothing better than being behind the wheel of a truck.

Keegan Wiggins | Special to Transport Topics
July 2, 2018
Business, Fuel

Diesel Jumps 2¢ to $3.236 a Gallon

The U.S. average retail price of diesel rose 2 cents to $3.236 a gallon, while the price of a barrel of oil climbed amid a tightening of inventory.

Roger Gilroy | Senior Reporter
July 2, 2018
Government, Business, Technology, Equipment, Safety, Logistics, TCA

Japanese Government Envisions Cars in the Sky by 2020s

In a bid to achieve the practical use of self-driving flying cars in the 2020s, the government will establish a public-private council possibly within this year to discuss safety issues, technological development and other matters, Japanese newspaper The Yomiuri Shimbun has learned.

July 2, 2018
Government, Business, Logistics, TCA

Shortage of Drivers Slows Booming Truck Demand

Demand for new commercial trucks is surging as companies look to replace aging vehicles and freight volumes have jumped in recent months.

Matt Sanctis | Dayton (Ohio) Daily News
July 2, 2018
Business, Safety

Colorado Grand Champion Todd Flippin Is Poised to Take the Next Big Step

Todd Flippin, of FedEx Freight, Colorado’s Grand Champion and Twin Trailers victor, is the trucker-next-door very capable of returning home from the national championships with that big trophy as well.

Eugene Mulero | Senior Reporter
July 2, 2018
Business, Logistics

Even Amazon’s Feeling the Strain From Insatiable Delivery Demand

Amazon.com Inc.’s call for entrepreneurs to help expand its package-delivery network is a cry for help.

Thomas Black | Bloomberg News
July 2, 2018
Business

Roadrunner Revenues, Losses Rise in 1Q as Turnaround Continues

Roadrunner Transport Systems reported an improvement in operating results for the first quarter, ended March 31, but net losses grew.

Burney Simpson | Staff Reporter
July 2, 2018