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, Autonomous, Government, Logistics, Technology

Execs Offer Mixed Assessment of Freight Market Since January

NASHVILLE, Tenn. — At the end of the first quarter, there are signs of optimism in the economy but also caution about the sustainability of the momentum, according to economic analysts and trucking executives at the 2017 Truckload Carriers Association conference.

Ari Ashe | Staff Reporter
April 3, 2017
Government, Business, Equipment, Safety, Fuel, Autonomous

Flatbed, Specialty Trailer Makers Tout Strong 1Q Orders, Sales

LOUISVILLE, Ky. — Specialty, flatbed and heavy-hauler trailer manufacturers exhibiting at the Mid-America Trucking Show wanted to talk about an exceptionally good start to the year, plus greenhouse-gas emissions regulations, aluminum, manufacturing discipline and a shortage of welders.

Roger Gilroy | Senior Reporter
April 3, 2017
Business, Government, Safety, Logistics

GAO Upholds XPO Protest of Military Freight Contract

A multibillion-dollar contract recently awarded to Crowley Logistics to handle freight shipments for the Department of Defense is being reopened after the Government Accountability Office upheld a challenge filed by XPO Logistics Government Services.

Daniel P. Bearth | Staff Writer
April 3, 2017
Business, Government, Safety, Logistics, Autonomous

NTSB Encourages Fleets to Root Out Bad Drivers

ALEXANDRIA, Va. — A top National Transportation Safety Board official called on motor carriers to do a better job of identifying drivers in their employ with bad driving habits.

Eric Miller | Senior Reporter
April 3, 2017
Business, Government, Logistics

Schneider Initial Stock Sale May Spur Growth in Truckload, Intermodal, Analysts Predict

Schneider’s forthcoming initial public offering may close a chapter on the company’s long- standing family ownership, but it will expand the motor carrier’s ability to broaden its horizons, industry analysts said.

Daniel P. Bearth | Staff Writer
April 3, 2017
Business, Government, Safety, Autonomous, Logistics

Bipartisan Support for Road Funds, Tax Reform Likely, ATA Exec Says

ALEXANDRIA, Va. — Advancing an infrastructure funding measure alongside a tax reform package in the coming weeks is likely to garner bipartisan backing from policymakers and support from the freight industry, officials representing trucking executives and states’ transportation directors said last week.

Eugene Mulero | Senior Reporter
April 3, 2017
Business, Autonomous, Government, Logistics

Trucking Executives Discuss How Millennials Are Shifting Industry’s Workforce Dynamics

NASHVILLE, Tenn. — As baby boomers retire, more companies are hiring millennials to be truck drivers, presenting new challenges to address the differences between the generations in how they view life and work.

Ari Ashe | Staff Reporter
April 3, 2017
Business, Safety, Government, Logistics

Rosen Shuns TIGER Grants at Senate Hearing

During his Senate nomination hearing March 29, President Trump’s pick for the No. 2 spot at the U.S. Department of Transportation would not endorse an Obama-era infrastructure grants program popular with states.

Eugene Mulero | Senior Reporter
April 3, 2017
Government, Business, Safety, Logistics

The Rise of E-Commerce

The market for third-party logistics services continues to expand and evolve in response to market demands and a changing competitive landscape.

April 2, 2017
Business

TCA Honors Highway Angel, Others

NASHVILLE, Tenn. — The Truckload Carriers Association handed out a number of awards at its 2017 conference to honor the heroes, top performing fleets and distinguished members of the association.

Ari Ashe | Staff Reporter
March 31, 2017