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.

Government, Business, TCA

Trump Makes It Clear as He Heads to Davos: America First, Period

On the eve of his trip to Switzerland to meet with world leaders and promote his “America First” agenda, President Donald Trump signed an order slapping tariffs on solar panel and washing machine imports.

Emma Dumain and Franco Ordonez | McClatchy Washington Bureau
January 24, 2018
Government, Business, Safety

Drug Clearinghouse Rule Fails to Give State Agencies Proper Authority

A glitch in the federal drug and alcohol clearinghouse final rule requires state licensing agencies to check the database for drivers who have flunked their drug tests, but fails to give state agencies the regulatory authority to take action by downgrading or declining to issue a commercial driver license to those drivers.

Eric Miller | Senior Reporter
January 24, 2018
Government, Business

2017 Truck Crossings Into Canada Dip, Bridge and Tunnel Association Finds

Truck crossings between the states of Michigan and New York and the province of Ontario were fairly steady last year, declining just .42% versus 2016 levels, according to a report from the Bridge and Tunnel Operators Association.

Eleanor Lamb | Staff Reporter
January 24, 2018
Government, Business, Logistics, TCA

Port of Baltimore to Add New Shipping Service to New Zealand, Australia

A new monthly roll-on/roll-off shipping service between Europe and New Zealand and Australia will begin calling the port of Baltimore in March, officials announced Jan. 23.

Colin Campbell | The Baltimore Sun
January 24, 2018
Business

Existing-Home Sales Decline as Supply Drops to Record Low

Sales of previously-owned U.S. homes fell in December for the first time in four months, as the market struggles with record-low supply and rising prices, figures from the National Association of Realtors showed Jan. 24

Katia Dmitrieva | Bloomberg News
January 24, 2018
Business, Logistics

Strong 4Q Helps Norfolk Southern Finish Year With a Flourish

Norfolk Southern Corp. released on Jan. 24 results for the fourth quarter and full-year 2017, beating analyst expectations and growing its intermodal revenues by 14% in the quarter.

Burney Simpson | Staff Reporter
January 24, 2018
Business

Ocean Freight Industry Stabilized in 2017, Freightos Says

The ocean freight industry stabilized in 2017, with rates remaining relatively steady after the turmoil of 2016 from the bankruptcy of Hanjin Shipping Co., according to a report from online freight marketplace Freightos.

Ari Ashe | Staff Reporter
January 24, 2018
Business, Technology, Equipment, Safety, Autonomous, TCA

Americans Warming to Self-Driving Vehicles, Survey Finds

U.S. drivers are still cautious — but they’re getting used to the idea of self-driving cars.

Carolyn Said | San Francisco Chronicle
January 24, 2018
Government, Business, Safety

2018: Atlanta’s ‘Spaghetti Junction’ Tops ATRI’s Freight Bottlenecks List Again

For the third successive year, Atlanta’s five-level stack interchange known as “Spaghetti Junction,” where Interstates 285 and I-85 north intersect, is again the most congested freight bottleneck in the nation, according to new research conducted by the American Transportation Research Institute.

Eric Miller | Senior Reporter
January 24, 2018
Government, Business

Infrastructure Plan Reaction From Trucking Industry

TT's Eugene Mulero talks with colleague Burney Simpson about trucking industry concerns being raised about a tolling plan and other features that the White House appears to be considering in its $1 trillion infrastructure proposal. (Joseph Terry/Transport Topics)

January 23, 2018