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, Fuel

Cargo Ships May Switch to Diesel Fuel by 2020

A move to curtail emissions produced by cargo ships and cruise liners could in a few years put new pressure on prices and supplies of diesel fuel.

Dan Ronan | Senior Reporter
May 8, 2018
Business, Technology, Equipment, Safety, Autonomous, TCA

Uber’s Self-Driving Software Reportedly Decided Not to React Before Fatal Collision

Uber believes its self-driving software that chooses how to react when it detects objects in the roadway is the cause behind a fatal collision between one of its vehicles and a pedestrian.

Benjamin Raven | MLive.com (Walker, Mich.)
May 8, 2018
Business

Trucks Converge in Lancaster, Pa., for Mother’s Day Make-A-Wish Convoy

More than 530 truck drivers and their tractor-trailer rigs converged on Lancaster, Pa., on May 13 for the 29th Annual Mother’s Day Truck Convoy to raise money for Make-A-Wish Philadelphia, Delaware & Susquehanna Valley.

Daniel P. Bearth | Staff Writer
May 8, 2018
Government, Business, Technology

Project Neon? There’s an App for That

With a smartphone, everyone from freight executives to daily commuters to tourists can learn about road closures related to the construction progress of Project Neon, the state of Nevada’s largest public works project at nearly $1 billion.

Eugene Mulero | Senior Reporter
May 8, 2018
Business

US Job Openings at Record, Almost Matching Unemployed Workers

U.S. job openings surged to a record in March, putting vacancies at about par with the number of unemployed workers, Labor Department data showed May 8.

Shobhana Chandra | Bloomberg News
May 8, 2018
Business

Expeditors Reports Higher Profits, Strong Revenue Growth in First Quarter

Expeditors International of Washington reported a big jump in profits in the first quarter of 2018 as demand for ocean and airfreight forwarding services grew in response to a booming global economy.

Daniel P. Bearth | Staff Writer
May 8, 2018
Business, Technology, Equipment, Fuel

Roush Gets Electric With Ford F-650

LONG BEACH, Calif. — Roush CleanTech unveiled its all-electric technology in a Ford F-650, marking an expansion of its alternative-fuel market beyond propane autogas and compressed natural gas.

May 8, 2018
Business

Inland Parts Expands in South Dakota

Inland Truck Parts & Service announced the acquisition of Logan’s Truck & Auto, a Rapid City, S.D.-based business that performs heavy- and light-duty truck service.

May 8, 2018
Government, Business, Safety

Quest Analysis: Drug Use Among Workers Holds at High Rate

Driven by increases in cocaine, methamphetamine and marijuana, drug use in 2017 by the general U.S. workforce held steady at its highest rate in more than a decade, according to an analysis by drug test lab Quest Diagnostics.

Eric Miller | Senior Reporter
May 8, 2018
Business, Equipment

April Class 8 Orders Miss Historic Mark

Class 8 orders in April cleared 34,000, while the swollen backlog from months of strong demand kept them from going even higher, according to ACT Research Co., and others pointed to a parts supply chain under strain.

Roger Gilroy | Senior Reporter
May 8, 2018