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

FedEx Celebrates New Baltimore Distribution Center

FedEx has been shipping and sorting packages at its new Sparrows Point center in Baltimore for two months, but celebrated the facility’s opening by having officials cut a ceremonial orange ribbon on Sept. 20

Pamela Wood | The Baltimore Sun
September 22, 2017
Government, Business, TCA

Louisiana Regulators Allow More Truckers to Haul Hazardous Waste

Louisiana regulators Sept. 20 allowed more companies to haul toxic waste in the state, but the Public Service Commission did not go as far as a newly passed state law demands, which will force the courts, ultimately, to decide how to handle hazardous leftovers from industry and the oilfield.

Mark Ballard | The Advocate (Baton Rouge, La.)
September 22, 2017
Government, Business, Technology, Equipment, Safety, Editorial

Editorial: King Sisyphus, Driver Manager

A parallel can be drawn between Greek mythology and the predicament trucking managers face in recruiting and retaining drivers.

September 21, 2017
Government, Business

Republican Leaders to Unveil Tax Reform Proposals Week of Sept. 25

A key House committee with jurisdiction over tax policy is poised to reveal a plan the week of Sept. 25 aimed at overhauling the U.S. tax code.

Eugene Mulero | Senior Reporter
September 21, 2017
Business, Technology, Equipment, Safety, Autonomous, TCA

Uber Unveils Second Generation Self-Driving Car in Pittsburgh

Uber is taking the co-driver out of its self-driving cars in Pittsburgh as the company rolls out the second generation of its autonomous Volvo SUVs.

Aaron Aupperlee | The Pittsburgh Tribune-Review
September 21, 2017
Business, Technology, Equipment, Safety, Autonomous, TCA

'Smart Car' Technology May Make Roads Safer, but Some Fear Data Hacks

Autonomous vehicles are the wave of a rapidly approaching future that is already bringing increasing amounts of “smart” technology to cars and trucks, and could eventually make passengers of everyone in a vehicle.

September 21, 2017
Business

FedEx Quarterly Profits Decline on TNT Cyberattack, Hurricane Harvey

FedEx Corp. remained profitable during the three months ended Aug. 31, but at a lower level than a year ago as the Memphis, Tenn.-based carrier had to overcome challenges from a malware attack in Europe as well as Hurricane Harvey in southeast Texas.

Jonathan S. Reiskin | Associate News Editor
September 21, 2017
Business, Logistics

Intermodal Outlook Positive for 2018

LONG BEACH, Calif. — Intermodal transportation has rebounded this year after receding in 2016, and analysts forecast that next year also will be strong for the industry.

Ari Ashe | Staff Reporter
September 21, 2017
Government, Business, Safety

FMCSA Surveys States on Severity of CDL Testing Delays

The Federal Motor Carrier Safety Administration earlier this month sent a survey to states asking for detailed information on the extent of delays in commercial driver license skills testing after industry stakeholders complaints that the delays are contributing to a driver shortage and slowing employment start dates for new drivers.

Eric Miller | Senior Reporter
September 21, 2017
Government, Business, Technology, Safety

AAA Study: Onboard Safety Systems Could Prevent 63,000 Large Truck Crashes

Equipping large trucks with advanced safety technologies has the potential to prevent up to 63,000 truck-related crashes each year, according to new research from the AAA Foundation for Traffic Safety.

Eric Miller | Senior Reporter
September 21, 2017