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

Einride Showcases Unmanned, All-Electric ‘T-pod’ at TRB

WASHINGTON — Einride, a Swedish technology startup that plans to begin moving cargo in that country later this year with unmanned, all-electric vehicles, recently showcased its vision for freight transportation to industry researchers in the United States.

Seth Clevenger | Managing Editor, Features and Multimedia
January 10, 2018
Government, Business, Logistics

Railroad Stocks Sink After Canada Sees NAFTA Risks Rising

Shares of railroad and auto companies were among the biggest decliners after Canadian government officials said there’s an increasing chance that U.S. President Donald Trump will give six months notice to withdraw from the NAFTA trade agreement.

Catherine Larkin | Bloomberg News
January 10, 2018
Government, Business

Trump Infrastructure Plan Will Limit Regulations, DOT Exec Says

WASHINGTON—President Donald Trump’s infrastructure plan will include a concerted effort to limit the regulatory checkpoints projects must pass through, according to a leading U.S. Department of Transportation official.

Eleanor Lamb | Staff Reporter
January 10, 2018
Government, Business, Equipment, Logistics

Trump's NAFTA Ideas Are a 'Lose-Lose-Lose' for Carmakers, Says Auto Supplier

The chief executive of North America’s biggest auto supplier warned that overly complex NAFTA changes could result in a “lose-lose-lose” situation that leaves U.S., Mexican and Canadian manufacturers vulnerable.

Gabrielle Coppola | Bloomberg News
January 10, 2018
Business, Equipment, Fuel

Ford Sued by Truck Owners, Adding It to Diesel Defendants

Ford Motor Co. rigged at least 500,000 heavy-duty pickup trucks to beat emissions tests, drivers claimed in a lawsuit, adding to the tally of carmakers linked to diesel-cheating allegations worldwide that started in 2015 with Volkswagen AG.

Kartikay Mehrotra | Bloomberg News
January 10, 2018
Government, Business

Trade and Immigration Test Top Business Group’s Ties to Trump

The U.S. Chamber of Commerce found common cause in 2017 with President Donald Trump on tax cuts and regulatory rollbacks. This year the powerful conservative business group could part ways with the White House on two key issues: trade and immigration.

January 10, 2018
Business, Logistics, TCA

FedEx Seeks Permit for $35.4 Million Building at Express Hub at Memphis International Airport

FedEx has applied for a building permit for a building project valued at $35.4 million at its world hub at Memphis International Airport.

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
January 10, 2018
Business, Logistics

Millennials Upset E-Commerce Assumptions

WASHINGTON — The common assumption that millennials only shop online and avoid brick-and-mortar merchants just doesn’t fit their behavior patterns, according to a survey from a Texas A&M Transportation Institute researcher.

Burney Simpson | Staff Reporter
January 9, 2018
Government, Business, Technology

Creative Use of Big Data Key to Predicting Crash Risk, DOT Official Says

WASHINGTON — Innovations in the growth of “big data” are moving traffic research from the reactive to the predictive, a top U.S. Department of Transportation official said.

Eric Miller | Senior Reporter
January 9, 2018
Government, Business, Technology

Cummins Brings TEC Outreach Program to Tennessee

Cummins Inc. has launched its first Technical Education for Communities initiative in the United States, in conjunction with 10 Memphis, Tenn.-area education and industry partners.

Roger Gilroy | Senior Reporter
January 9, 2018