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

Element Names Acting CEO, Rejects Possible Sale

The board of directors of Element Fleet Management Corp. named Dan Jauernig acting CEO and has rejected a proposal from some of its shareholders that it explore a possible sale of the business.

Daniel P. Bearth | Staff Writer
February 12, 2018
Business, Technology, Logistics

Blockchain for Trucking

Freight contracts, document transfers, food safety, driver security, parts management and asset tracking are among the many elements of the trucking business that could become easier and more secure through new applications built around the shared digital ledger called blockchain.

Roger Gilroy | Senior Reporter
February 12, 2018
Government, Business

Trump Infrastructure Plan Promotes Tolling

The Trump White House’s highly anticipated infrastructure funding plan released Feb. 12 calls for states to be given flexibility from federal tolling restrictions and to be able to reinvest toll revenues in infrastructure.

Eugene Mulero | Senior Reporter
February 12, 2018
Government, Business, Safety, Logistics

Capitol Agenda for the Week of Feb. 12: Infrastructure Week, Again

As we welcome President Donald Trump’s highly anticipated infrastructure plan, key policymakers will continue to dwell over the best strategies for funding and financing big-ticket infrastructure projects. A look at the week ahead for trucking on Capitol Hill.

Eugene Mulero | Senior Reporter
February 12, 2018
Government, Business, Technology, Equipment

Tire Inflation System Suppliers React to Regulatory Reversal

While the market for automatic tire inflation systems has grown tremendously from its beginnings about 25 years ago, one regulatory factor that was expected to be a boon for adoption is now in limbo.

Evan Lockridge | Special to Transport Topics
February 12, 2018
Government, Business, Logistics

Trump Says He’ll Unveil ‘Reciprocal Tax’ on Imports This Week

President Donald Trump said Feb. 12 that he will propose a tax on imports this week, reviving an idea he floated earlier in his administration that risks raising tensions with key U.S. trade partners.

Jennifer Epstein | Bloomberg News
February 12, 2018
Business, Technology, Equipment

Automatic Inflation Tech Expands to Tractor Tires

Systems that monitor tire pressure and automatically add air when needed have been available in trucking for more than 20 years. But the use of these automatic tire inflation systems, or ATIS, has been limited because they have only been able to service the tires on trailers. Now, that’s ­finally changing.

Evan Lockridge | Special to Transport Topics
February 12, 2018
Business, Fuel, TCA

Former Pilot Flying J Sales Exec Ordered Up Fraud 'Manual'

CHATTANOOGA, Tenn. – It was getting tough to keep up with the cheating, and getting caught had proven expensive for the nation’s largest diesel fuel retailer. But Pilot Flying J sales executive Arnie Ralenkotter had a solution: A fraud “manual.”

Jamie Satterfield | Knoxville (Tenn.) News-Sentinel
February 12, 2018
Business, Technology, Logistics

Blockchain’s Promise for Trucking

The next phase in the evolution of freight transportation may very well be blockchain, a shared digital ledger that could increase the speed and accuracy of many kinds of transactions

Seth Clevenger | Managing Editor, Features and Multimedia
February 12, 2018
Government, Business, Technology

FCC’s Vote to Kill Net Neutrality Endangers Free and Open Internet

While most Americans were rushing around in December, grabbing last-minute gifts for the holidays, the Federal Communications Commission voted to drive a stake in the heart of the free and open internet. In a majority vote, the agency killed net neutrality — a policy that has prevented your regional internet service provider from becoming the gatekeeper between you and all the internet has to offer.

Joe Dysart | Webology 101
February 12, 2018