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

Missouri Town Plans $5.84 Million Tax Break to Lure Big FedEx Center

St. Peters, Mo., could offer a property tax break of $5.84 million over 10 years to lure a large FedEx complex to the levee-protected Premier 370 business park in the city’s Mississippi River flood plain.

Mark Schlinkmann | St. Louis Post-Dispatch
September 26, 2017
Business, Technology, Equipment

Freightliner Cascadia Adds Midroof Sleepers

Daimler Trucks North America announced that its refreshed Freightliner Cascadia model will add midroof sleeper berths for regional overnight haul applications and segments such as bulk haul and flatbeds.

September 26, 2017
Business

Saia to Open LTL Terminal in Maryland on Oct. 16

Less-than-truckload carrier Saia Inc. will open a terminal in Maryland on Oct. 16, the carrier’s fifth on the East Coast this year.

September 26, 2017
Business, Equipment, Logistics

Steady Growth Seen for Transloading, Supply Chain Experts Say

LONG BEACH, Calif. — Since 2007, transloading has grown at double the rate of U.S. imports, and supply chain experts believe it will become more popular because of the benefits to the entire supply chain.

Ari Ashe | Staff Reporter
September 26, 2017
Business, Logistics, TCA

FedEx Outlook Rosy Despite Ongoing Threats From Cybercrime, Trade Restrictions

FedEx “has never been stronger,” although cybercrime and threats to restrict trade pose challenges, company founder Frederick Smith said Sept. 25

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
September 26, 2017
Government, Business, Equipment, Safety

National Tank Truck Carriers Seeks Five-Year Exemption From Rest Break Rules

The National Tank Truck Carriers has requested that the Federal Motor Carrier Safety Administration grant commercial vehicle drivers who transport petroleum-based fuels a five-year exemption from a federally required 30-minute rest break.

Eric Miller | Senior Reporter
September 26, 2017
Business

Home Prices in 20 US Cities Increase More Than Forecast

Home prices in 20 U.S. cities climbed more than forecast in July, reflects solid demand against a backdrop of modest listings of properties, figures from S&P CoreLogic Case-Shiller showed Sept. 26.

September 26, 2017
Government, Business

Trump To Address Manufacturer Association on Sept. 29

President Donald Trump was due to address the National Association of Manufacturers on Sept. 29, and discuss tax reform in a bid to boost economic growth.

Eleanor Lamb | Staff Reporter
September 26, 2017
Business

New-Home Sales Cool, Supply Jumps as Storms Strike South

A second straight decline in purchases of new U.S. homes, combined with downward revisions for prior months, show a tepid market as results begin to be clouded by the fallout from Hurricanes Harvey and Irma, according to government data Sept. 26.

September 26, 2017
Government, Business, Equipment

EPA, TTMA Duel in Court Filings Over GHG Phase 2 Trailer Rules

In dueling court filings, Environmental Protection Agency lawyers said they want to postpone the start of a federal appeals court case on the trailer section of the Phase 2 greenhouse gas rule while trailer makers are eager to see the new rule scrapped.

Jonathan S. Reiskin | Associate News Editor
September 26, 2017