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, Equipment, Logistics, TCA

UPS Eyes Delivery of Holiday Packages by Golf Cart in Colorado Town

Golden, Colo., residents could see the unwrapping of a new package delivery system right in the middle of this year’s holiday gift-giving frenzy, with UPS Inc. drivers swapping out their trademark brown trucks for golf carts with trailers.

John Aguilar | The Denver Post
December 7, 2017
Government, Business

Tell Us: What Was the Top Trucking Issue of 2017?

As part of our upcoming Year in Review package, we have one question: What was the most important trucking issue of 2017, and how did it impact you? Click here to e-mail us your answer.

December 7, 2017
Business, Logistics, TCA

Retired Teamsters Facing Dramatic Pension Cuts See Hope in New Federal Legislation

Retired Teamsters around the nation who are facing dramatic cuts to their monthly pensions are keeping their fingers crossed that proposed federal legislation will keep them from financial ruin.

Jim Mackinnon | Akron Beacon Journal
December 7, 2017
Business

Consumer Comfort Advances to a 13-Week High

Improved sentiment about the buying climate and personal finances helped carry household optimism to a 13-week high, Bloomberg Consumer Comfort Index figures showed Dec. 7.

Vince Golle | Bloomberg News
December 7, 2017
Business

Jobless Claims at Five-Week Low Show Resilient Job Market

Applications for unemployment benefits in the U.S. declined to a five-week low, consistent with a resilient labor market, Labor Department figures showed Dec. 7.

December 7, 2017
Business, Fuel, TCA

Defense Goes on Offense Against Key Witness in Pilot Flying J Fraud Trial

CHATTANOOGA, Tenn. - If Pilot Flying J’s top leaders knew its sales executives were cheating customers, why all the code talk, an attorney for the truck stop giant’s former president asked Dec. 6.

Jamie Satterfield | Knoxville (Tenn.) News-Sentinel
December 7, 2017
Government, Business

ELD Mandate Magnifies Parking Shortage, Washington Truck Exec Says

Truckers in Washington state are meeting with lawmakers to discuss options for addressing the state’s shortage of truck parking, an issue which is expected to face added pressure once the federal requirement for use of electronic logs takes effect next week.

Eleanor Lamb | Staff Reporter
December 6, 2017
Business, Logistics

Revenues Rise in 3Q for 3PLs as Shipments Jump

The third quarter saw a rise in freight shipments and revenues for logistics brokers compared with the same period a year ago, but profit margins fell 40 basis points due to cost increases in the spot market for trucks, according to the Transportation Intermediaries Association’s quarterly 3PL Market Report.

Burney Simpson | Staff Reporter
December 6, 2017
Business, Technology, Fuel

Analysis: California Wants its Dairy Farms to Capture Methane and Sell it as Truck Fuel

“California Regulates Cow Farts,” is how a New York Post headline put it, implying it was a wacky move by California Governor Jerry Brown. In fact, California’s methane law represents a serious attempt by America’s biggest dairy state to come to grips with a potent greenhouse gas.

December 6, 2017
Government, Business, Technology, Equipment, Autonomous

ATA President Chris Spear Critical of Trucking Omission in Autonomous-Vehicle Bills

Legislation before Congress that would establish a regulatory landscape for autonomous cars while not addressing trucks does not reflect the realities of the driving landscape and will fall short on safety, the president of American Trucking Associations said Dec. 6.

Eugene Mulero | Senior Reporter
December 6, 2017