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

Daseke Adds 13th Operating Company, R&R Trucking of Missouri

Flatbed group Daseke Inc. purchased its fourth motor carrier this year, bringing R&R Trucking into the corporation and adding defense transportation to its capabilities.

Jonathan S. Reiskin | Associate News Editor
September 5, 2017
Business, Technology, Equipment

Allison President David Graziosi to Become CEO in June

Allison Transmission Holdings Inc. announced that President and Chief Financial Officer David Graziosi will succeed Lawrence Dewey as CEO on June 1, 2018.

September 5, 2017
Government, Business, Logistics, TCA

Highway From Mexico to Canada Looks for Traction

It’s only a modest 2.5 miles of a long-term plan to better connect Las Vegas and Phoenix — the two largest cities in the U.S. not currently linked by an interstate — and a longer-term dream to link Mexico, the U.S and Canada.

Mick Akers | Las Vegas Sun
September 5, 2017
Business, Technology

Hirschbach Motor Lines to Use Driver Match from Stay Metrics

After the recent launch of its Driver Match application, Stay Metrics has announced that Hirschbach Motor Lines will be using the technology to assign drivers to driver managers.

September 5, 2017
Business

New NFI Distribution Center to Create 170 Jobs Over 5 Years

NFI Industries will spend $7.2 million to establish a 622,830-square-foot distribution center in Smyrna, Tenn., which will create nearly 170 new jobs over the next five years, according to an announcement from Tennessee Gov. Bill Haslam.

September 5, 2017
Government, Business, Logistics, TCA

Houston Port Ready to Ease Shipping Backlog After Hurricane Harvey

More ships sailed into the Houston Ship Channel on Sept. 1 in what will be a parade of vessels laden with crude oil, consumer goods and cruise passengers that have been unable to dock in a region devastated by Hurricane Harvey.

Andrea Rumbaugh | Houston Chronicle
September 5, 2017
Government, Business

Capitol Agenda for the Week of Sept. 4: TIGER in the House

Images of interstates and neighborhoods underwater in Houston reminded us of the fragility of our nation's infrastructure. Here's the week ahead for trucking on Capitol Hill.

Eugene Mulero | Senior Reporter
September 4, 2017
Business, Technology, Autonomous

Google, Waymo Officially Separated by Creation of XXVI Holdings Inc.

Alphabet Inc. is forming a new holding company, XXVI Holdings Inc., designed to finalize its evolution from Google into a corporate parent with distinct arms in far-flung fields like health care and self-driving cars.

September 1, 2017
Government, Business

US Manufacturing Expanded in August at Fastest Pace Since '11

U.S. factories ramped up in August to the fastest pace of expansion in six years, driven by employment gains, figures from the Institute for Supply Management showed Sept. 1.

September 1, 2017
Government, Business

Stocks Rise on Mediocre Jobs Report

U.S. stocks rose and Treasuries declined as reports showing a gain in consumer sentiment and a rise in manufacturing offset a mediocre August employment report.

September 1, 2017