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, Logistics, TCA

E-Commerce Fuels Cargo Surge at Chicago Rockford International Airport

More than 1.3 billion pounds of cargo made its way through Chicago Rockford International Airport last year, a nearly 50% increase over 2016.

Isaac Guerrero | Rockford (Ill.) Register Star
January 22, 2018
Government, Business, Fuel

Diesel Dips 0.3¢ to $3.025 a Gallon

The U.S. average retail price of diesel dipped 0.3 cent to $3.025 as the cost of crude slipped and remained just below $64 a barrel.

Roger Gilroy | Senior Reporter
January 22, 2018
Government, Business, Safety

Advocates Name Best, Worst States for Highway Safety Law Enforcement

Rhode Island received top marks on an advocacy group’s recent report card that evaluates states on their ability to enforce highway safety laws.

Eleanor Lamb | Staff Reporter
January 22, 2018
Government, Business, Safety, Fuel

Capitol Agenda for the Week of Jan. 22: The Mayors Come to Washington

Mayors across America still are waiting for the White House’s infrastructure plan as cities continue to cope with highway congestion. Many of them will be in Washington this week for the U.S. Conference of Mayors’ winter meeting. Here's a look at the week ahead for trucking on Capitol Hill.

Eugene Mulero | Senior Reporter
January 22, 2018
Government, Business, Equipment

FMCSA Grants Truck Leasing Group 90-Day ELD Exemption

Federal regulators have granted the Truck Renting and Leasing Association a 90-day electronic logging device exemption for rentals not exceeding 30 days.

Eric Miller | Senior Reporter
January 22, 2018
Government, Business, Logistics, TCA

California Gas Tax Repeal Headed for Ballot as Money About to Flow for Road Repairs

People rolled through Rock Auto in El Cajon, Calif., in droves this month to sign a petition to overturn Gov. Jerry Brown’s so-called gas tax.

Joshua Emerson Smith | The San Diego Union-Tribune
January 22, 2018
Business, Technology, Logistics

Bringg Receives $12 Million in New Funding

Bringg, a software firm based in Tel Aviv, Israel, that offers a delivery logistics platform for companies including Coca-Cola, Panera Bread and Kimberly-Clark, has raised $12 million in new funding from automotive executive Shmuel Harlap, billionaire investor Eyal Ofer and Salesforce Ventures.

January 22, 2018
Government, Business

Maryland Governor Offers Tax Incentives, Road Improvements to Lure New Amazon HQ

Maryland Gov. Larry Hogan has announced sweeping tax legislation to accompany an incentive package that devotes billions to transit and infrastructure in an effort to entice Amazon into building its second headquarters in the state.

Eleanor Lamb | Staff Reporter
January 22, 2018
Government, Business

IMF Raises 2018 Global Growth Forecast, Partly on US Tax Cuts

Global growth will accelerate to the fastest pace in seven years as U.S. tax cuts spur businesses to invest, the International Monetary Fund said.

Andrew Mayeda | Bloomberg News
January 22, 2018
Business, Technology

Ryder Appoints Rajeev Ravindran Chief Information Officer

Ryder System Inc. announced the appointment of Rajeev Ravindran to the position of chief information officer.

January 22, 2018