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, Logistics

Union Pacific, Switchman With Arthritic Knees Settle Discrimination Suit

Union Pacific and a former switchman at the railroad’s Grand Junction, Colo., rail yard have settled for an undisclosed amount his allegations that he was discriminated against because he has arthritic knees, the parties told Bloomberg on June 6.

Patrick Dorrian | Bloomberg News
June 6, 2018
Business, Equipment

Brent Yeagy Named CEO of Trailer Maker Wabash National Corp.

Trailer maker Wabash National Corp. named Brent Yeagy its president and CEO, succeeding Richard Giromini.

Libby Seline | Special to Transport Topics
June 6, 2018
Government, Business, Technology, Equipment, Safety

Safety, Insurance Costs Cited in Study as Reasons to Consider Autonomous Vehicles

As autonomous vehicles become more commonplace on our highways and roads, drivers of both trucks and passenger cars are likely to become more accepting of the technology, a survey of U.S. consumers by the market research firm J.D. Power found.

Dan Ronan | Senior Reporter
June 6, 2018
Government, Business

Rhode Island Truck Tolls Will Start June 11

After a series of false starts, the Rhode Island Department of Transportation will begin its trucks-only tolling program June 11.

Eleanor Lamb | Staff Reporter
June 6, 2018
Government, Business, Logistics

US, China Barter on Trade Gap as Tariff Deadline Nears

The United States and China continued to haggle over the shape of a deal to fend off an impending trade war, with China offering to boost purchases of American goods and the United States finalizing a deal to allow China’s ZTE Corp. to resume purchases from American suppliers.

June 6, 2018
Business, Technology, Autonomous

Daimler Plans Automated Truck Research Center in Portland

PORTLAND, Ore. — Daimler Trucks is opening an automated truck research and development center here at its North American headquarters to help pave the way for highly automated commercial vehicles.

Seth Clevenger | Managing Editor, Features and Multimedia
June 6, 2018
Government, Business, Technology, Safety

White House Reduces Trucking Rules, but Doesn't Ease Enforcement, Attorneys Say

INDIANAPOLIS ­­— The deregulatory nature of the Trump administration threatens delay or elimination of several Obama-era trucking-related regulations, but those that remain on the books will continue to be aggressively enforced, panelists said at a law seminar here.

Eric Miller | Senior Reporter
June 6, 2018
Business, Technology

Data Takes Center Stage at Maintenance and Cybersecurity Conference

RALEIGH, N.C. — In today’s trucking industry, data is king. That’s a theme running though the Technology & Maintenance Council Fleet Data Management & Cybersecurity Conference.

Burney Simpson | Staff Reporter
June 6, 2018
Business, Safety

FedEx Freight’s Cirrincione Dominates in Lone Star State

The top trucker out of the Lone Star state this year is Michael Cirrincione of FedEx Freight.

Eugene Mulero | Senior Reporter
June 5, 2018
Business, Logistics, Top 100

UPS Workers Authorize Union to Call First Strike Since 1997

UPS Inc. workers authorized their union to call what would be the first strike since 1997, giving negotiators more leverage in talks to replace a labor contract that expires at the end of July.

Thomas Black | Bloomberg News
June 5, 2018