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

Trump Infrastructure Plan Better Offer Sustainable Revenue, State DOTs Warn

WASHINGTON — Solvency and sustainability are the chief qualities state department of transportation leaders are looking for in President Donald Trump’s long-awaited infrastructure package.

Eleanor Lamb | Staff Reporter
January 9, 2018
Business, Technology, Equipment, Fuel

Alternative-Fuel Station Planning Software Launched

A new project-planning application offers a way for companies, organizations and government entities to harmonize the often-varied requirements attached to long-range initiatives, including some that potentially affect the transportation industry.

Burney Simpson | Staff Reporter
January 9, 2018
Business, Logistics

Amazon Rival JD.com Built the Equivalent of Monaco in Warehouse Space in Three Months

JD.com Inc. added so much warehouse space in three months that the new construction could cover just about every inch of Monaco, a pace of expansion that rivals growth at Amazon.com Inc.

January 9, 2018
Business, Fuel

US Expects Domestic Crude Output to Hit Records in 2018, 2019

U.S. crude production will soar to a record this year before rising even more in 2019, according to a government forecast published Jan. 9.

Jessica Summers | Bloomberg News
January 9, 2018
Government, Business

Southeast Ports Experiment With Inland Terminals Boosting Shorthaul Intermodal

WASHINGTON — Shippers traditionally hire trucking companies to move loads within 500 miles but place some of their longhaul freight on the railroads, however port authorities are beginning to successfully use intermodal service to divert truck traffic from congested container terminals.

Ari Ashe | Staff Reporter
January 9, 2018
Government, Business, Safety

Top Truck Bottlenecks Report Coming Soon, ATRI President Says

WASHINGTON — The definitive guide to the country’s top truck bottlenecks will be released Jan. 25, the president of American Transportation Research Institute, which publishes the report, said Jan. 9.

Eugene Mulero | Senior Reporter
January 9, 2018
Business

Job Openings Declined in November to a Six-Month Low

U.S. job openings unexpectedly fell in November to a six-month low, though the level is still consistent with an improving labor market, Labor Department data showed Jan. 9.

Katia Dmitrieva | Bloomberg News
January 9, 2018
Government, Business

State DOT Leaders Stress Importance of Connections With Freight Movers

WASHINGTON — State departments of transportation could benefit from establishing a rapport with freight movers and companies that need goods to be moved, according to Utah Department of Transportation Director Carlos Braceras.

Eleanor Lamb | Staff Reporter
January 9, 2018
Business, Technology, Equipment, Safety, Logistics, Autonomous

Ford Partners With Postmates in Path to Driverless Delivery

Ford Motor Co. is expanding its driverless delivery experiment beyond pizza by partnering with Postmates to test what it will take to eventually remove the driver from on-demand distribution.

January 9, 2018
Government, Business, Logistics

Coalition Urges Donald Trump, Lawmakers to Remember Ports in Infrastructure Debate

A coalition of the top three containerports, two private terminal operators and two industry analysts wrote a letter to President Donald Trump and Congress to urge lawmakers not to forget the ocean freight industry during the debate on infrastructure.

Ari Ashe | Staff Reporter
January 9, 2018