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

UPS, FedEx Say Holiday Shipping Not Delayed by Atlanta Airport Outage

The fire that knocked out power and shut down the world’s busiest airport shouldn’t delay holiday package deliveries, two of the nation’s biggest shippers said Dec. 18.

Scott Trubey | The Atlanta Journal-Constitution
December 18, 2017
Business, Fuel

Love’s Adds Truck Parking in Four States

Love’s Travel Stops added 357 truck parking spaces as a result of opening four new sites. The locations opened Dec.14 in Hope Hull, Ala.; Brush, Colo.; Bushnell, Fla.; and Bellville, Ohio.

December 18, 2017
Business, Equipment

November Trailer Orders Clear 42,000 Amid Surging Demand for Dry Vans

U.S. trailer orders jumped 15% in November, climbing past 42,000 and powered by surging demand for dry vans, ACT Research Co. reported.

Roger Gilroy | Senior Reporter
December 18, 2017
Business, Technology, Safety, Autonomous, TCA

Autonomous Vehicles Pose New Challenges to Future of Cybersecurity

Today, as artificial intelligence (AI) technology is making a future full of self-driving cars increasingly likely, hacking has become a serious potential concern.

Erin Mundahl | InsideSources.com (Washington, D.C.)
December 18, 2017
Business

Homebuilder Sentiment Hits 18-Year High, Beating Forecasts

Confidence among U.S. homebuilders jumped in December to the highest level since July 1999, exceeding all analyst estimates, as a growing economy boosts housing demand, according to data Dec. 18 from the National Association of Home Builders/Wells Fargo.

Katia Dmitrieva | Bloomberg News
December 18, 2017
Business, Logistics

CSX Caught Mid-Revolution by Death of Rail-Legend Harrison

With CEO Hunter Harrison’s death on Dec. 16, CSX Corp. lost the guiding hand of a railroading legend who added almost $17 billion in value in less than a year.

Thomas Black | Bloomberg News
December 18, 2017
Business

Share the Road Drivers Deliver Wreaths to Arlington Cemetery

American Trucking Associations and ATA’s Share the Road Highway Safety Program celebrated the arrival of the Wreaths Across America convoy at Arlington National Cemetery in Arlington, Va., Dec. 16.

December 16, 2017
Business

Hunter Harrison, CEO at CSX, Dies at 73

Hunter Harrison, the successful railroad-turnaround specialist whose career spanned more than 50 years, has passed away just two days after CSX Corp. announced the CEO would take a medical leave of absence.

Ari Ashe | Staff Reporter
December 16, 2017
Government, Business

Stevens Driver Wins Transition Trucking Award

A driver with Stevens Transport was named the winner of the U.S. Chamber of Commerce Foundation’s Hiring Our Heroes 2017 Transition Trucking Driving for Excellence award.

Burney Simpson | Staff Reporter
December 15, 2017
Business, Logistics, TCA

UPS Chief Touts Alaska Role in Asia Trade Route

UPS International President Jim Barber told an Anchorage, Alaska, group the right timing for his first trip to Alaska had come for a number of reasons, including the hub’s expanding importance in connecting to China and Asian-Pacific communities.

Naomi Klouda | Alaska Journal of Commerce
December 15, 2017