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

Alliance Shippers Names New Executives

Alliance Shippers Inc. made two executive appointments following the death of longtime president and co-founder Ronald Lefcourt in January, naming Ronald’s son, Jonathan, president and CEO and promoting Steven Golich to chief operating officer.

February 9, 2018
Business, Equipment, TCA

Ford’s Commercial Vehicle Strategy Powers the Company Through Thick and Thin

While Wall Street pounds Ford Motor Co.’s response to high-profile, recent trends like self-driving vehicles and the shift from sedans to SUVs, an underappreciated, century-old company mainstay continues to chug along, delivering dominant sales and consistent profits.

Mark Phelan | Detroit Free Press
February 9, 2018
Business, Technology

Thomas Fansler to Lead Trimble Division That Includes PeopleNet

Trimble has promoted Thomas Fansler to president of its global Transportation Mobility division, which includes PeopleNet and several other technology suppliers serving the trucking industry.

Seth Clevenger | Managing Editor, Features and Multimedia
February 9, 2018
Government, Business

State, Local Government Groups ‘Stand Ready’ to Work on Infrastructure

Groups representing local transportation agencies, governors, county executives and mayors expressed their willingness to partner with federal officials on a measure that would result in long-term funding for infrastructure maintenance and construction projects.

Eugene Mulero | Senior Reporter
February 9, 2018
Government, Business

Gov. Tom Wolf Announces 45 Multimodal Projects for Pennsylvania

Pennsylvania Gov. Tom Wolf has announced funding for 45 multimodal transportation projects that will affect 22 communities.

Eleanor Lamb | Staff Reporter
February 9, 2018
Business, Technology, Equipment, Fuel, Logistics, Autonomous

Technology of Tomorrow to Be Key Topic at TMC Annual Meeting

Future advancements in the trucking industry will be at the forefront of the Technology & Maintenance Council’s 2018 Annual Meeting and Transportation Technology Exhibition set for early next month.

Fran Matso Lysiak | Features Editor
February 9, 2018
Business, Logistics

Maersk Drops as Company Misses Estimates After an ‘Unusual’ Year

A.P. Moller-Maersk A/S fell short of earnings expectations last year but promised its shareholders that profit at the world’s biggest shipping company will grow as much as 43% in 2018.

February 9, 2018
Business, Technology, Equipment, Autonomous

Uber Settles Waymo Driverless Car Suit, Said to Pay $245 Million

Uber Technologies Inc. settled the high-stakes trade-secret theft lawsuit brought by Waymo, resolving a conflict that already cost the ride-hailing giant its top driverless car engineer and threatened to further embarrass the company.

Joel Rosenblatt | Bloomberg News
February 9, 2018
Business, Technology, Equipment, Special Coverage

2018 TMC

Complete coverage of the 2018 Technology & Maintenance Council Annual Meeting from the Georgia World Congress Center in Atlanta, March 4-8, 2018.

February 9, 2018
Business, Logistics

Analysis: The US Is Running Out of Truckers

Without enough trucks and drivers on the road, some combination of things is going to happen: Shipments will be delayed, and producers will have to pay higher prices to get goods to market.

Conor Sen | Bloomberg Opinion
February 9, 2018