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, Logistics

Amazon Expands Delivery Trial That Could Hurt FedEx, UPS

Amazon.com Inc. is expanding a service launched to make more groceries, cleaning supplies and other products available for quick delivery directly from merchants without overwhelming the e-commerce giant’s warehouses with additional inventory, according to documents reviewed by Bloomberg News.

Spencer Soper | Bloomberg News
January 29, 2018
Business

Georgia Ports Orders Eight Cranes for Savannah Intermodal Railyard Expansion

The Georgia Ports Authority has ordered eight rail-mounted gantry cranes from Konecranes as part of a recently started construction project to expand the Port of Savannah’s on-dock intermodal yard.

January 29, 2018
Business

Demand for RNG Surged in 2017, Clean Energy Fuels Reports

Clean Energy Fuels Corp. announced that sales of Redeem, its renewable natural gas product, grew 32% in 2017 to 79 million gallons compared with 60 million gallons in 2016.

Roger Gilroy | Senior Reporter
January 29, 2018
Government, Business, Editorial

Editorial: A Moment to Come Together

As the old saying goes, there is strength in numbers. And some of what leaders on Capitol Hill are saying suggests now is a good time for various factions across the trucking industry to come together toward common goals.

January 28, 2018
Government, Business, Logistics

Port of Virginia Gets Preliminary OK on Dredging Project

The U.S. Army Corps of Engineers has preliminarily approved a project to dredge Virginia’s Norfolk Harbor from 50 feet to 55 feet, but a final decision on whether to fund it will come this summer.

January 26, 2018
Government, Business, Technology, Equipment

ELD Compliance: More Thoughts From Key Executives

More comments from key executives on the state of ELD compliance, one month after the mandate went into effect.

Daniel P. Bearth | Staff Writer
January 26, 2018
Business, Technology, Equipment

Mack Adds Split-Shaft Function for mDrive HD AMT

Mack Trucks introduced split-shaft functionality for its Mack mDRIVE HD automated manual transmission to provide customers with high-demand power takeoff.

January 26, 2018
Business, Technology, Equipment, Autonomous

Podcast: Transport Topics' Seth Clevenger on the Future of Autonomous Trucks

Transport Topics Managing Editor/Features Seth Clevenger talks about the future of autonomous trucks, the ELD mandate, the ongoing driver shortage and spends some time on electric trucks with financial-services company The Motley Fool.

January 26, 2018
Business

Ceva Logistics to Operate New Ikea Warehouse Scheduled to Open Later This Year in N.Y.

Ikea has signed a lease on a 975,000-square-foot distribution center in Staten Island, N.Y., that will be operated by Ceva Logistics.

January 26, 2018
Business, Equipment

Bendix Expands Brake Shoe Options

Bendix Spicer Foundation Brake announced a steel, coreless shoe with its Bendix Basic Friction or Bendix Advanced Friction lines.

January 26, 2018