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, Technology, Autonomous, TCA

Microsoft Joins Self-Driving Vehicle Development at Michigan Test Center

On a blustery spring day that showed exactly why Michigan’s range of weather is perfect for testing self-driving and connected vehicles, the American Center for Mobility formally opened and announced a far-reaching deal April 4 with Microsoft.

Mark Phelan | Detroit Free Press
April 5, 2018
Business

Schneider Appoints Stephen Bruffett CFO

Diversified motor carrier Schneider announced Stephen Bruffett will join the company as chief financial officer, effective April 29.

April 5, 2018
Government, Business, Technology, Autonomous, TCA

Houston Joins Smart Cities Program to Prepare for Autonomous Vehicles

Houston will join 21 other cities in a national partnership aimed at addressing persistent transportation challenges as technology and mobility choices have planners rethinking how streets, sidewalks and private spaces interact.

Doug Begley | Houston Chronicle
April 5, 2018
Government, Business, TCA

Maryland Bill to Restore Highway User Revenue Poised to Become Law

After years of calling to restore highway user revenue, transportation advocates may see the funding return by fiscal 2020.

Kelsi Loos | The Frederick (Md.) News-Post
April 5, 2018
Government, Business

Gribbin Departure, Delayed Trump Agenda Don’t Deter Infrastructure Advocates

President Donald Trump’s acknowledgment that his infrastructure proposal would likely be legislated after the midterm elections, coupled with the recent departure of the administration’s top infrastructure adviser, has slowed momentum on efforts to boost funding for transportation systems.

Eugene Mulero | Senior Reporter
April 5, 2018
Business, Technology, Equipment, Safety, Editorial

Editorial: So Far, So Good for ELD Compliance

The adoption of federally mandated electronic logging devices has been a major transition for the trucking industry, but at this point it appears that most longhaul truckers are now using the technology to track their hours of service. While it’s still too soon to get a complete sense of where the industry stands with respect to ELD compliance, the early indications have been positive as enforcement tightens.

April 5, 2018
Government, Business, Fuel, TCA

SoCal Regulators See Chance to Rein in Freight Pollution

Over and over in their decadeslong war on smog, Southern California regulators have failed to use a powerful tool against ports, warehouses and other freight and logistics hubs that are magnets for air pollution.

Tony Barboza | Los Angeles Times
April 5, 2018
Government, Business, Technology, Autonomous, TCA

Self-Driving Cars Are On North Carolina Turnpike Authority’s Radar

The fatal crash involving an Uber self-driving car in Arizona last month has not dissuaded the North Carolina Turnpike Authority from urging companies to test autonomous vehicles on the Triangle Expressway in western Wake County.

Richard Stradling | The News & Observer (Raleigh, N.C.)
April 5, 2018
Government, Business, Technology, Safety, Autonomous

Autonomous Vehicle Policy Legislation Awaits Senate Action

Legislation meant to facilitate the development of self-driving cars awaiting floor consideration in the Senate is among the measures on the chamber’s docket when senators return to Capitol Hill April 9 from the Easter recess.

Eugene Mulero | Senior Reporter
April 5, 2018
Business, Logistics

Ports Off to Strong Start in 2018, but Expansion Needed, Experts Say

Ports across the United States are shattering monthly and yearly records for the amount of cargo being shipped, and transportation industry experts say the trend likely will continue as the U.S. economy remains on a steady pace.

Dan Ronan | Senior Reporter
April 5, 2018