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

ATA’s Bob Costello Says Driver Shortage Will Press Fleets

NASHVILLE, Tenn. — The freight market is booming, but carriers — and the trucking industry as a whole — will suffer unless companies can find enough drivers, according to American Trucking Associations Chief Economist Bob Costello.

Eleanor Lamb | Staff Reporter
February 22, 2018
Government, Business, Fuel

Poll Shows Split on Fuel-Tax Increase for Infrastructure as Conservatives Push Back

A recent Quinnipiac University poll found people are near evenly split on the subject of raising fuel taxes to fund infrastructure projects, with a slight majority supporting the idea.

Eugene Mulero | Senior Reporter
February 22, 2018
Business, Special Coverage

2018 MATS

Complete coverage of the 2018 Mid-America Trucking Show from the Kentucky Exposition Center in Louisville, Ky., March 21-24.

February 22, 2018
Business

Omnitracs Hires Ray Greer as New CEO

Trucking technology supplier Omnitracs has hired industry veteran Ray Greer as its new CEO.

Seth Clevenger | Managing Editor, Features and Multimedia
February 22, 2018
Government, Business, Technology, Equipment, Autonomous, TCA

Washington, D.C., Dips Its Toe Into Self-Driving Cars

Washington, D.C., is preparing for a future with self-driving cars by inviting companies to test their autonomous vehicle technology in the District.

Skip Descant | Government Technology
February 22, 2018
Business, Logistics

Maersk Would Be Ready to Move Closer to Junk ‘For Right Reason’

A.P. Moller-Maersk A/S renewed a pledge to creditors to protect its investment-grade rating. But the man in charge of the shipping giant’s finances says there’s room to move a little closer to junk.

February 22, 2018
Business, Technology, Equipment, Autonomous

Uber CEO Touts ‘Great’ Talks With Toyota CEO on Autonomous Cars

The world’s largest car maker and biggest ride-hailing company plan to team up on autonomous driving as technological changes sweep through the transportation industry.

February 22, 2018
Business, Safety

Thefts Down but Crooks Turning to LTLs

Cargo thefts in the United States dropped 15% last year to 649 incidents while the average value per theft stayed virtually unchanged at about $146,000, according to the SensiGuard Supply Chain Intelligence Center’s Cargo Theft Annual Report.

Burney Simpson | Staff Reporter
February 22, 2018
Business

Jobless Claims at Five-Week Low Amid Tight Labor Market

U.S. filings for unemployment benefits fell to a five-week low, suggesting tightening in a labor market already operating near full capacity, Labor Department figures showed Feb. 22.

Katia Dmitrieva | Bloomberg News
February 22, 2018
Business, Technology, Equipment

Mega Trends in Trucking Technology

Take a deep dive into three topics that can help fleets gain greater visibility into their trucking operations: Blockchain, predictive analytics and remote diagnostics. 

February 21, 2018