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, Technology, Fuel

Electric Trucks to Power Fleets’ Urban, Regional Needs First

As truck manufacturers begin to add electric-powered models to their product lineups, they are targeting city and regional routes as early applications for these vehicles.

Mindy Long | Special to Transport Topics
May 23, 2018
Government, Business, Logistics

Trump: US-China Trade Deal May Need ‘Different Structure’

President Donald Trump backed away from the trade deal his administration had just announced with China and said the United States may need to change the direction of talks to get a final agreement.

Terrence Dopp | Bloomberg News
May 23, 2018
Business, Technology, Equipment, Logistics, Top 50

Ryder Introduces New Commercial Management Fleet App

Ryder System Inc. has launched a smartphone app that permits commercial fleet users to get a vehicle into a repair facility for either scheduled or unexpected maintenance and also compare real-time fuel prices.

Dan Ronan | Senior Reporter
May 23, 2018
Business

Many Americans Missing Solid Job Market’s Bounty, Fed Poll Shows

Many U.S. households remain in a precarious financial position despite unemployment falling to the lowest level in years, a new Federal Reserve survey shows.

Matthew Boesler | Bloomberg News
May 22, 2018
Government, Business, Safety

FMCSA Chief Ray Martinez Says ELD Guidance for Ag Haulers Forthcoming

WASHINGTON — New electronic logging device guidance that would address flexibility concerns raised by aspects of the agriculture sector will be unveiled shortly by the Federal Motor Carrier Safety Administration, the agency’s chief told House lawmakers May 22.

Eugene Mulero | Senior Reporter
May 22, 2018
Government, Business, Technology

Senate Panel Wants Explanation for Delays on Hair Testing Guidelines

A Senate committee on May 22 unanimously approved a bill that would require the Department of Health and Human Services to provide an explanation for a 15-month delay in issuing mandatory federal hair testing guidelines for safety-sensitive transportation employees such as truck drivers.

Eric Miller | Senior Reporter
May 22, 2018
Business, Logistics, Top 100

Dr Pepper Deliveries in Critical Condition With Chicago Strike

More than 150 Teamsters walked off the job in suburban Chicago early May 22 after a wage dispute with a Dr Pepper Snapple Group Inc. subsidiary.

Michael J. Bologna | Bloomberg News
May 22, 2018
Business, Safety

Two More Trucking Companies Raise Driver Pay

Two more trucking companies have joined a growing list of operators that are increasing compensation to retain their current drivers and attract new recruits.

Dan Ronan | Senior Reporter
May 22, 2018
Business, Equipment, TCA

Wabtec to Merge With GE Transportation

GE Transportation, a foundation piece of the company built by inventor Thomas Edison, a business founded in Erie, Pa., and based there for most of its 110-year history, is merging with another Pennsylvania company in a deal worth $11.1 billion.

Jim Martin | Erie (Pa.) Times-News
May 22, 2018
Business

Tonnage Springs 9.5% Higher in April

Truck tonnage jumped 9.5% in April compared with the same period a year ago, according to American Trucking Associations’ monthly for-hire truck tonnage index.

Burney Simpson | Staff Reporter
May 22, 2018