Business
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.
Autonomous Cars May Cut Workplace Deaths, Official Says
Transportation-related workplace injuries might be slashed over time as autonomous vehicles become more common, state leaders said at a workshop in Springfield, Ohio, on Feb. 13.
Medium-Duty Sales Build on 2017 Gains, Surpass 16,000 in January
U.S. retail sales of medium-duty trucks in January surpassed 16,000 units, up 9.9% from a year earlier, WardsAuto.com reported.
No Verdict Yet in Pilot Flying J Fraud Trial
CHATTANOOGA, Tenn. - After more than three days of deliberations, a jury deciding the fate of the former president of the nation’s largest diesel fuel retailer and three subordinates in a plot to rip off truckers still had not reached a verdict Feb. 14.
Trucking Market Strongest Since Deregulation, ATA Economist Bob Costello Says
NASHVILLE, Tenn. — The freight market is as strong as it has been since deregulation in the 1980s, according to American Trucking Associations Chief Economist Bob Costello.
Idaho Hack May Have Revealed Truckers’ Personal Data
The personal information of more than 100 truck drivers may have been compromised during a recent hack of two Idaho Transportation Department e-mail accounts.
Uber, Amazon Making Presence Felt in Transportation Industry
NASHVILLE, Tenn. — Executives in the truck stop and travel plaza industry see the encroachment of technology giants into the transportation industry, but savvy leaders will find ways to capitalize on this trend to make more money, an analyst said during a presentation at the annual NATSO Connect conference.
Google Lobbying Shifts to Transport
Google’s gravest threat is probably a regulatory crackdown on its lucrative search engine, and there’s a resurgent drumbeat about its size and power in Washington. If the company’s worried, that’s not showing up in its lobbying activity.
February 14, 2018Consumer Prices Top Forecasts, Sending Markets Tumbling
U.S. consumer prices rose by more than projected in January as apparel costs jumped the most in nearly three decades. The report sent Treasuries and stocks tumbling, as it added to concerns about an inflation pickup that have roiled financial markets this month.
Ray Martinez Confirmed as FMCSA Administrator
The Senate on Feb. 13 confirmed Ray Martinez to lead the Federal Motor Carrier Safety Administration as the Trump administration promotes a comprehensive infrastructure funding proposal.
‘Everything Is on the Table’ in Infrastructure Plan, Chao Says
The country’s top transportation officer assured reporters the president had not dismissed a thorny funding proposal ahead of a legislative collaboration with Congress on infrastructure during the second day of the Trump administration’s latest iteration of “Infrastructure Week.”