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.

Government, Business, TCA

Indiana Governor Touts 500 New Trucking Jobs

Indiana Gov. Eric Holcomb visited Gary on Aug. 17 to tout the new corporate headquarters of HMD Trucking, which plans to create 500 jobs in the Steel City by 2021.

Joseph S. Pete | The Times (Munster, Ind.)
August 18, 2017
Government, Business

Atlanta Mayor to Address Tolling Proponents at IBTTA Conference Sept. 10-12

The mayor of Atlanta is scheduled to expound on the local transportation system when he greets attendees at the 85th annual International Bridge, Tunnel and Turnpike Association conference in his city in September.

Eugene Mulero | Senior Reporter
August 17, 2017
Government, Business, Equipment, Logistics, TCA

Strike by Concrete Truck Drivers Threatens Seattle Construction Projects

More than a quarter of King County, Washington’s concrete delivery-truck drivers have gone on strike, and the rest could soon join them — threatening to delay dozens of projects amid the region’s record construction boom.

Mike Rosenberg | The Seattle Times
August 17, 2017
Business, Technology

Best Practices for Fleet Safety – The Experts Speak

View this webinar.

August 17, 2017
Business, Logistics, TCA

FedEx Names Mark Allen as Company’s Next Legal Affairs Chief

FedEx Corp. has filled a key leadership post, naming Mark Allen to succeed Christine Richards Oct. 1 as executive vice president, general counsel and secretary.

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
August 17, 2017
Business, Technology, Logistics

Returns of Online Purchases a Key Factor in E-Commerce Boom

While the growth of e-commerce is widely viewed as a boon for last-mile deliveries, customer returns of the merchandise that’s delivered also are forcing change across carriers’ and shippers’ supply chains, industry experts said.

August 17, 2017
Business, Safety, TCA

Port of Los Angeles Terminal Shut Down After Police Standoff, Man Falls Off Crane

A man who climbed a huge gantry crane at the Port of Los Angeles after he jumped from a stolen SUV at the end of a lengthy police chase fell to his death late Aug. 16.

August 17, 2017
Business, Logistics

Roadrunner to Sell Unitrans to Quick International for $95 Million

Roadrunner Transportation Systems has agreed to sell its Unitrans Inc. subsidiary to Quick International Courier for $95 million in cash.

August 17, 2017
Government, Business, Technology, Equipment, Safety

ELD Mandate on Track, Spear Says

NASHVILLE, Tenn. — American Trucking Associations President Chris Spear said he is confident that the federal electronic logging device mandate will take effect on schedule on Dec. 18 after years of debate and legal challenges.

Seth Clevenger | Managing Editor, Features and Multimedia
August 17, 2017
Business

Factory Output in Declines on Weaker Auto Production

A slump in motor vehicle production pushed down U.S. factory output unexpectedly in July, Federal Reserve data showed Aug. 17.

August 17, 2017