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, Fuel

Musket Expands DEF Network With North Carolina Site

Musket Corp. announced it opened a diesel exhaust fluid wholesale bulk rack in Greensboro, N.C.

June 29, 2018
Government, Business

CSX to Open Hub in Eastern North Carolina

North Carolina Department of Transportation officials announced June 28 that they have reached an agreement with CSX Corp. to build a new intermodal transportation facility in Edgecombe County.

Eleanor Lamb | Staff Reporter
June 29, 2018
Government, Business, Technology, Logistics

Faster Delivery of Nearly Everything Is the Next Big Thing

NEW YORK — Waiting is so yesterday. Shoppers increasingly want their orders to arrive at their doorsteps as soon as they click a button, whether it’s a hot meal, groceries or a sofa. In response, retailers are betting big on delivery services to drop off packages faster.

June 29, 2018
Government, Business, Technology, Autonomous, TCA

FHWA Official Says Feds Are Giving Autonomous Technology Developers Latitude

Preparing for autonomous vehicles on American roads will mean more than getting used to being in a car without a steering wheel.

Jason Laughlin | Philly.com
June 29, 2018
Business, Technology, Autonomous

Paccar Discusses Strong Market, New Equipment at Innovation Center

SUNNYVALE, Calif. — The strength of the overall economy, helped especially by the healthy construction and housing markets as well as fleets’ desires to have late-model equipment to recruit and retain drivers, is bolstering sales for Peterbilt Motors Co.

Mindy Long | Special to Transport Topics
June 29, 2018
Business, Safety

Kansas’ Don Logan Earns 12th Trip to NTDC

This is a warning to the drivers who qualified for the National Truck Driving Championships in the tanker truck division: Don Logan of FedEx Freight will be joining you.

Eugene Mulero | Senior Reporter
June 28, 2018
Government, Business, Equipment, TCA

Mack Trucks: Trump’s Tariffs Could Put Us at a Competitive Disadvantage

Back on March 23, 2017, President Donald Trump welcomed trucking industry representatives to the White House for a discussion on health care. During their visit, Trump, wearing an “I [heart] truckers” pin, climbed into the cab of a Mack truck parked on the lawn, pumped his fists and pretended to drive the stationary big rig.

Jon Harris | The Morning Call (Allentown, Pa.)
June 28, 2018
Business, Equipment

Used Truck Sales Top 31,000

Sales of used Class 8 trucks in May climbed 19% as first-time buyers continued to enter the market amid a drop in inventory for sale and an upward trend in the average price, while freight rates remained strong, analysts said.

Roger Gilroy | Senior Reporter
June 28, 2018
Business, Technology, Equipment, Autonomous

Kroger Counters Amazon With Self-Driving Grocery Delivery Plans

If your least favorite part of food shopping is the parking lot, take comfort: Driverless cars are coming to the grocery industry.

Craig Giammona | Bloomberg News
June 28, 2018
Government, Business, Safety, Logistics, TCA, Top 100

OSHA Opens Probe Into Fatal XPO Accident

The Occupational Safety and Health Administration has opened an investigation into a fatal accident at XPO Logistics in Lockport, N.Y., early June 25.

Tim Fenster | Lockport (N.Y.) Union-Sun & Journal
June 28, 2018