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

ContainerPort Group Merges With ASF Transportation

ContainerPort Group has merged with ASF Transportation Group, a transaction that will add five terminals into the portfolio of the drayage, transloading and depot company.

January 8, 2018
Government, Business, Logistics, TCA

Port Houston Container Imports Surged in 2017

The National Retail Federation said Jan. 5 that retail imports surged in Houston and other U.S. ports amid a rise in consumer confidence and spending.

Katherine Blunt | Houston Chronicle
January 8, 2018
Business, Fuel

Clean Energy Fuels Corp. Appoints Stephen Scully Chairman

Clean Energy Fuels Corp. appointed trucking industry veteran Stephen Scully to the post of chairman of its board of directors, effective immediately.

January 8, 2018
Government, Business

P3s Not Suited for All Infrastructure Projects, US DOT Official Says

WASHINGTON ­— A federal transportation official reminded state and municipal agencies charged with advancing infrastructure projects of the need to review the costs and potential benefits associated with public-private partnerships.

Eugene Mulero | Senior Reporter
January 8, 2018
Business

Schneider Chief Financial Officer Lori Lutey to Retire

Schneider National Inc. announced in a filing with the Securities and Exchange Commission that Chief Financial Officer Lori Lutey will be retiring from the company within the next six months.

January 8, 2018
Business

Real Estate Prices Soaring for Warehouses Near Ports, Intermodal Ramps

Real estate prices to build distribution centers near major marine ports and intermodal ramps jumped double-digits in 2017, according to commercial real estate firm CBRE, as demand outstrips supply due to a retail supply chain increasingly tied to e-commerce and speed.

Ari Ashe | Staff Reporter
January 8, 2018
Business, Technology, Equipment, Autonomous, TCA

Pizza Hut Working With Toyota to Test Driverless Pizza Delivery

Toyota and Pizza Hut announced Jan. 8 a “global partnership,” that could see Pizza Hut pizzas delivered in autonomous vehicles designed and built by Toyota.

Karen Robinson-Jacobs | The Dallas Morning News
January 8, 2018
Business, Technology, Equipment, Safety, Autonomous, TCA

Self-Driving Car Firm Aurora to Expand After Deal With VW, Hyundai

Deals inked by the self-driving car firm Aurora with two major auto manufacturers will mean more jobs and more test vehicles on the streets in Pittsburgh, one of the company’s co-founders told the Tribune-Review.

Aaron Aupperlee | The Pittsburgh Tribune-Review
January 8, 2018
Business, Technology, Equipment, Safety, Autonomous, TCA

Self-Driving Cars Hit Las Vegas Streets for Tech Tradeshow

LAS VEGAS — The self-driving car is getting closer to deployment in the real world for everyday passengers.

JC Reindl | Detroit Free Press
January 8, 2018
Government, Business

Federal Research Program Gives States Room to Repair Highways, Test Technology

WASHINGTON — The Maine Department of Transportation is in the process of repaving major routes with better-quality pavement with help from a federal research partnership.

Eleanor Lamb | Staff Reporter
January 8, 2018