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

House Bill Would Allow Interstate Trucking for 18- to 21-Year-Olds

A new bill that would open interstate trucking opportunities to people between the ages of 18 and 21 was introduced in the House of Representatives March 21.

Eleanor Lamb | Staff Reporter
March 21, 2018
Business

2018 MATS

Photos from the 2018 Mid-America Trucking Show at the Kentucky Exposition Center in Louisville, Ky., March 21-24, 2018.

March 21, 2018
Business

Texas Bombing Suspect Is Dead

ROUND ROCK, Texas — The suspect in the recent deadly bombings in Austin and at a FedEx distribution center near San Antonio blew himself up March 21 as authorities closed in on him, bringing a grisly end to a three-week manhunt. But police warned that more bombs could be out there.

Jim Vertune | Associated Press
March 21, 2018
Business

Uber Freight Introduces Discount Program for Fuel, Parts, Trucks

Uber Freight has introduced a discount program that provides savings on fuel, parts and even new and used truck purchases to carriers using its load-matching mobile app.

Seth Clevenger | Managing Editor, Features and Multimedia
March 21, 2018
Government, Business

FMCSA’s Martinez Touts Voluntary Safety Culture to Supplement Government’s Role

WASHINGTON — Regardless of how many drivers they oversee, trucking companies must helm a culture shift toward safety to reduce roadway fatalities, according to Federal Motor Carrier Safety Administration chief Ray Martinez.

Eleanor Lamb | Staff Reporter
March 21, 2018
Business

FedEx Reports Solid Quarter, Expands Walmart Deal

FedEx Corp. reported results for its fiscal third quarter ending Feb. 28, with net income of $2.1 billion, or $7.59 earnings per share, compared with $562 million, or $2.07 a share, in the same period in 2017.

Burney Simpson | Staff Reporter
March 20, 2018
Government, Business, Technology, Equipment, Safety

Revised ELD Guidance: FMCSA Allows AOBRD Software on Fleet Expansion Trucks

The Federal Motor Carrier Safety Administration has issued revised guidance permitting motor carriers that were using automatic onboard recording device software prior to the effective date of the electronic logging device mandate to add trucks to their fleet without having to update those new trucks to electronic logging device software until mid-December 2019.

Eric Miller | Senior Reporter
March 20, 2018
Business, TCA

FedEx Office to Open in 500 Walmart Stores Across US in Next Two Years

You can get everything from food and clothing to tools and toys at Walmart. Now, add packing and shipping to that list.

Zlati Meyer | USA Today
March 20, 2018
Business, Logistics

Explosion at FedEx Facility in Texas Follows Bombings in Austin

U.S. federal authorities investigated an explosion early March 20 at a FedEx Corp. facility in Schertz, Texas, following a series of bombs that exploded this month in Austin and left two people dead.

March 20, 2018
Business, Logistics

Tonnage Robust as Demand for Trucks Grows

Truck tonnage in February was up nearly 6% compared with February 2017, according to American Trucking Associations’ monthly for-hire truck tonnage index. Tonnage is up 7.1% year-to-date, compared with the same two months in 2017.

Burney Simpson | Staff Reporter
March 20, 2018