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

Virginia Lawmaker Proposes Bill for I-81 Truck Tolling Study

A Virginia lawmaker has proposed a bill calling for the state’s transportation board to study the potential for a truck tolling system along Interstate 81.

Eleanor Lamb | Staff Reporter
January 23, 2018
Business, Logistics, TCA

FedEx Lands at No. 9 on Fortune’s List of World’s Most Admired Companies

FedEx Lands at No. 9 on Fortune’s List of World’s Most Admired Companies

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
January 23, 2018
Business, Equipment, Logistics

Truck Tonnage Down in December, Up for 2017

Truck tonnage rose 3.7% in 2017, the largest annual increase since a 6.1% gain in 2013, according to American Trucking Associations’ Truck Tonnage Index. The annual increase came despite a 5.7% year-end drop in tonnage from November to December.

Burney Simpson | Staff Reporter
January 23, 2018
Business, Equipment, TCA

Want to Build Your Own Mack Anthem? You Can — on a Much Smaller Scale

Want an all-new Mack Anthem, without the six-figure price tag or commercial driver’s license needed to drive one? Well, you’re in luck.

Jon Harris | The Morning Call (Allentown, Pa.)
January 23, 2018
Business, Technology, Equipment

Volvo Prepares for Future of Electric Trucks

Volvo Trucks North America views urban distribution and other pickup and delivery applications as the starting point for battery-powered electric trucks in North America, but Europe is the first market where its parent company will enter the segment.

Roger Gilroy | Senior Reporter
January 23, 2018
Government, Business, Technology, Equipment, Safety, Autonomous, TCA

Waymo to Begin Testing Driverless Cars in Atlanta

Waymo, the driverless car division owned by Google’s parent company, announced Jan. 22 that it will bring its test program to metro Atlanta.

Becca J. G. Godwin | The Atlanta Journal-Constitution
January 23, 2018
Business, Technology, Equipment

Imported, Low-Cost Tires Gain Market Share

The new tire market for medium- and heavy-duty trucks continues to be dominated by familiar names such as Bridgestone, Michelin, Goodyear, Yokohama, Firestone and Continental. But an outside force has been making inroads into the domestic truck tire business in recent years, an industry analyst said.

Katie Pyzyk | Special to Transport Topics
January 23, 2018
Government, Business, TCA

Lawmakers Pushing Legislation to Save Union Pension Funds

A year ago, Teamsters Local 707 retirees suffered a fate that could soon hit hundreds of thousands of union workers: Their pension fund crashed.

Ginger Adams Otis | New York Daily News
January 23, 2018
Government, Business

Trumps Signs Bill After Congress Votes to End Shutdown

President Donald Trump signed a government spending bill Jan. 22 that ends a three-day partial government shutdown, a White House official said. But that leaves the fight over a politically charged immigration proposal unresolved for at least another three weeks.

January 22, 2018
Business, Equipment, Logistics

Port of Savannah Breaks Container Traffic Record

The Port of Savannah has shattered its record for container traffic in a year, processing more than 4 million industry-standard 20-foot-equivalent units (TEUs) in 2017, the Georgia Ports Authority announced Jan. 22. The previous record was 3.7 million TEUs in 2015.

Ari Ashe | Staff Reporter
January 22, 2018