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, Technology, Equipment, Autonomous, TCA

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.

Matt Sanctis | Dayton (Ohio) Daily News
February 14, 2018
Business, Equipment

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.

Roger Gilroy | Senior Reporter
February 14, 2018
Business, Fuel

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.

Jamie Satterfield | Knoxville (Tenn.) News-Sentinel
February 14, 2018
Government, Business

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.

Ari Ashe | Staff Reporter
February 14, 2018
Government, Business, Technology

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.

Eleanor Lamb | Staff Reporter
February 14, 2018
Business, Technology, Equipment, Fuel, Logistics

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.

Ari Ashe | Staff Reporter
February 14, 2018
Government, Business, Technology, Autonomous

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, 2018
Business

Consumer 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.

Katia Dmitrieva | Bloomberg News
February 14, 2018
Government, Business

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.

Eugene Mulero | Senior Reporter
February 13, 2018
Government, Business

‘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.”

Eugene Mulero | Senior Reporter
February 13, 2018