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

Donohue Hopes Infrastructure Bill Spurs Economy While Fixing Roads

WASHINGTON — U.S. Chamber of Commerce President Thomas Donohue says the Trump administration’s $1 trillion infrastructure bill should attempt to mitigate highway bottlenecks, promote long-term economic growth and update regulations to make private investment more attractive.

Eric Miller | Senior Reporter
May 22, 2017
Government, Business

Stakeholders Pessimistic About Quick Action From Capitol Hill on Highway Funding Bill

WASHINGTON — Little optimism was heard from podiums and audiences at Infrastructure Week events last week that Congress will pass President Donald Trump’s planned $1 trillion infrastructure funding bill soon, or that the federal government will be looking to public- private partnerships to plug a gaping hole in the Highway Trust Fund.

Eric Miller | Senior Reporter
May 22, 2017
Government, Business, Technology

Replay: LiveOnWeb Infrastructure Week Reporter Roundtable

As Infrastructure Week wraps up, TT Congressional Reporter Eugene Mulero was joined by three Capitol Hill watchers to assess what was accomplished in a special Reporter Roundtable edition of LiveOnWeb. Watch the replay.

May 19, 2017
Business

Mack Trucks Sees Its AMTs Increasing Adoption in the Market

CHARLESTON, S.C. — As one part of its integrated powertrain strategy, Mack Trucks’ line of automated manual transmissions is seeing increasing adoption in the market, said executives with the heavy-duty truck maker.

Fran Matso Lysiak | Features Editor
May 19, 2017
Business, Equipment

Electric Trucks Make Inroads in Shorthaul Applications

Today, the use of electric trucks is confined mostly to niche specialty and shorthaul operations, but the advances made in those applications could carry over to the longhaul Class 8 market.

Mindy Long | Special to Transport Topics
May 19, 2017
Business, Equipment

Zero Emissions, Potential Savings of Electrics Appeal to Some Carriers

Nikola Motor Co. founder and CEO Trevor Milton said he has figured out electric power for longhaul trucks with his upcoming Nikola One, due in production in the 2020 timeframe.

Steve Sturgess | Special to Transport Topics
May 19, 2017
Business, Equipment

Industry Looks Beyond Batteries to Power Longhaul Electric Tractors

Technological advances soon could make electric Class 8 tractors feasible for longhaul applications, but rather than relying solely on plug-in battery systems, those trucks likely will incorporate other power configurations such as hybrid solutions and hydrogen fuel cells.

Mindy Long | Special to Transport Topics
May 19, 2017
Business, Fuel

New DTNA Chief Roger Nielsen Says GHG Rule Will Stick

MADRAS, Ore. — Fleet owners should not expect the truck and engine sections of the federal Phase 2 rule on greenhouse gas emissions to change before implementation starts in 2021, said Roger Nielsen, the CEO of Daimler Trucks North America.

Jonathan S. Reiskin | Associate News Editor
May 19, 2017
Government, Business, Logistics

Kansas City Southern Invests Money to Improve Railroad Tracks

Kansas City Southern announced a $24.6 million investment to replace cross ties and improve crossings on the railway track between Neosho, Mo., and Blanchard, La.

May 19, 2017
Business, Logistics

Forward Air Closes Deal With Atlantic Trucking Co.

Forward Air Corp. has acquired the assets of Atlantic Trucking Co. in a deal finalized May 18, just more than one month after it was first announced.

May 19, 2017