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, Equipment, Fuel

California, Trump Administration on Collision Course Over Auto Rules

California and the Trump administration are on a collision course over auto-efficiency regulations that could lead the White House to deploy the nuclear option: revoking the state’s cherished power to set its own limits on air pollution.

March 14, 2018
Business, TCA

FedEx Employees Help Give Former Slave Cemetery in Texas Needed Makeover

Jammie Simon can point to the tree where the body of his great-grandfather, Minnie Shelton, was laid to rest. But like many of the nearly 200 former slaves and others buried at Shelton’s Bear Creek Cemetery in Irving, Texas, Simon’s great-grandfather, the former owner of the burial ground, no longer has a tombstone.

Elvia Limón | The Dallas Morning News
March 14, 2018
Business

Old Dominion Names Greg Gantt CEO

Less-than-truckload carrier Old Dominion Freight Line Inc. will soon have a changing of the guard.

Burney Simpson | Staff Reporter
March 14, 2018
Business, Equipment

Dana Inc. Moves to Acquire Driveline Division of GKN

Dana Inc. announced its signature of definitive agreements to combine with the driveline division of United Kingdom-based GKN plc to create Dana Plc, a global driveline systems company.

Roger Gilroy | Senior Reporter
March 14, 2018
Business

Retail Sales Unexpectedly Fall for Third Straight Month

U.S. retail sales unexpectedly fell in February for a third month, adding to signs that consumer spending will cool this quarter from the previous period’s hot pace, according to Commerce Department figures released March 14.

Katia Dmitrieva | Bloomberg News
March 14, 2018
Business, Technology, Safety, Autonomous

Waymo Autonomous Trucks Haul Freight in Atlanta

It’s getting to be a traffic jam. Alphabet Inc.’s autonomous vehicle division Waymo began this month operating an autonomous freight truck in the Atlanta area, carrying server equipment, racks and related material to Google data centers.

Burney Simpson | Staff Reporter
March 14, 2018
Business

Xpress Global Systems Announces South Florida Expansion

Chattanooga, Tennessee-based Xpress Global Systems announced plans to begin expanding in several markets this year.

March 14, 2018
Government, Business

FMCSA Gives Ag Haulers 90-Day Extension on Waiver From ELD Rule

The Federal Motor Carrier Safety Administration has announced an additional 90-day temporary waiver from the electronic logging device rule for agriculture-related transportation.

Eric Miller | Senior Reporter
March 14, 2018
Business, Equipment

Medium-Duty Sales Rise in February, Top 17,000

U.S. retail sales of medium-duty trucks inched up in a normally flat month, clearing 17,000 units in February, WardsAuto.com reported.

Roger Gilroy | Senior Reporter
March 13, 2018
Business, Technology, Equipment, Safety

Fleets Must Learn From ‘Big Data,’ Maintenance Director Says

“Big data” is essentially of no benefit to fleets if they don’t take all of the information they have on their equipment and repairs and learn from it, a maintenance director of a Canadian fleet said.

Fran Matso Lysiak | Features Editor
March 13, 2018