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, Logistics

$125 Million Logistics Park Planned Near Savannah Port

A development group announced plans March 1 for a sprawling new industrial park near Savannah, Ga., where cargo traffic through the nation’s fastest growing container port has left warehousing space at a premium.

Scott Trubey | The Atlanta Journal-Constitution
March 2, 2018
Government, Business

Ronald Batory Sworn In as FRA Chief

Two weeks after Ray Martinez was confirmed to lead the Federal Motor Carrier Safety Administration, Ronald Batory was sworn in as Federal Railroad Administration chief.

Eleanor Lamb | Staff Reporter
March 2, 2018
Business, Technology

SXSW Festival to Include High-Tech Trucking

Trucking is getting hip with the South by Southwest Conference and Festivals in Austin, Texas, claiming a spot on the agenda of a show that typically celebrates creativity in music, film and interactive technology.

March 2, 2018
Business, TCA

Jay Kaplan, Owner of Freightway Corp., Dies at 76

Jay Kaplan, who owned the trucking firm his father founded and led industry advocacy groups, died Feb. 24 in Hospice of Northwest Ohio, Perrysburg Township. He was 76.

Mark Zaborney | The (Toledo, Ohio) Blade
March 2, 2018
Government, Business

Trump’s Steel and Aluminum Trade Threat Hangs Over NAFTA Talks

President Donald Trump’s latest trade salvo over steel and aluminum landed squarely in the middle of NAFTA talks, overshadowing efforts by his own negotiators and those from his biggest export markets to update America’s most important free-trade agreement.

March 2, 2018
Government, Business

Consumer Sentiment in US at Second-Highest Level Since 2004

Consumer sentiment last month rose to the second-highest level since 2004 and plentiful job opportunities buoyed Americans’ spirits amid stock-market volatility, a University of Michigan survey showed March 2.

March 2, 2018
Government, Business

Listen: TT's Eugene Mulero on Infrastructure

Transport Topics reporter Eugene Mulero appeared on The Motley Fool's Industry Focus podcast on March 1, discussing prospects for President Trump's $1.5 trillion infrastructure plan.

March 2, 2018
Business, Fuel

TravelCenters Reports Mixed 4Q, Full-Year Results

TravelCenters of America reported mixed earnings for the fourth quarter and 2017 as it experienced lower gross fuel margin on lower volume, among other factors, while nonfuel revenue rose in both periods.

March 1, 2018
Government, Business, Technology, Autonomous

Chao Tells Automated Vehicle Summit DOT “3.0” Guidance Could Be Issued in Early Summer

WASHINGTON — Updated federal guidance for manufacturers and states seeking to deploy self-driving vehicles could be released as early as summer, U.S. Transportation Secretary Elaine Chao told hundreds of executives attending the automated vehicle policy summit here.

Eric Miller | Senior Reporter
March 1, 2018
Business, Technology, Equipment, Editorial

Editorial: Training Tomorrow’s Technicians

Year after year, the annual meeting of the Technology & Maintenance Council of American Trucking Associations has been a must-attend event for those looking to learn about the latest trends in truck maintenance. As this year’s meeting convenes in Atlanta, that remains true.

March 1, 2018