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

Trump’s Trade ‘Hammer’ Aims to Pound China, Mexico and the WTO

The trade talks on steel imports were dragging on, and Robert Lighthizer didn’t care for the Japanese offer. So he folded it into a paper airplane and launched it across his desk at Japan’s lead negotiator.

March 13, 2017
Business

California Pilot Program Kicks Off to Test Electric Yard Trucks for Daily Commercial Use

Two Ontario, California, logistics companies took delivery on four zero-emissions electric yard and service trucks as part of efforts to reduce air pollution in Southern California.

Neil Nisperos | Inland Valley (Ontario, Calif.) Daily Bulletin
March 13, 2017
Government, Business, Logistics

Sen. Schumer Calls for Increased Freight Railroad Safety

The freight train derailment on the Newburgh and New Windsor waterfront March 7 was just one of several making news across the country during the week of March 13.

Michael Randall | The Times Herald-Record (Middletown, N.Y.)
March 13, 2017
Business, Fuel

Oil Steadies Below $49 as US Drilling Threatens Longer Glut

Oil steadied below $49 a barrel as U.S. drillers continued to boost activity, countering OPEC’s efforts to drain a global glut.

March 13, 2017
Perspective, Business, Government, Safety, Technology, Autonomous

Opinion: Eight Predictions for Our Industry

In 2008, I wrote an article where I described a future scenario in which a driver in a truck is leading a convoy of several driverless trucks. In 2011, I began predicting that we would have autonomous cars on the market and on the roadways by 2020. These predictions seem to be turning out better than my 2007 prediction that Apple would not get much market share in the cellphone business.

March 13, 2017
Editorial, Business, Government, Safety, Logistics

Editorial: An End for a Rule That Didn’t Work

The great detective knew the game was afoot when he learned of the dog that didn’t bark.

March 13, 2017
Letters to the Editor, Business, Autonomous, Government

Letters: Parking, Financial Goals, Important Issue

Trucking Industry Likely To Solve Parking Problem

March 13, 2017
Government, Business

HOS Restart Rule Fails Test

A congressionally mandated study on the Federal Motor Carrier Safety Administration’s hours-of-service restart rule failed to demonstrate conclusively that a controversial 2013 restart rule, calling for two consecutive nights of rest, provided “a greater net benefit for the operational, safety, health and fatigue impacts” on drivers.

Eric Miller | Senior Reporter
March 13, 2017
Business, Government, Safety, Logistics, Fuel

Engineers Give D+ Grade to US Infrastructure — Again

WASHINGTON — The country’s infrastructure again received a near-failing grade from the American Society of Civil Engineers, highlighting a lack of improvement four years after the group’s last assessment.

Eugene Mulero | Senior Reporter
March 13, 2017
Government, Business

Nafta Freight Falls 3.4% in 2016; Trucks Remain Dominant Mode

The volume of North American Free Trade Agreement commerce dipped by 3.4% last year compared with 2015, and with that decline, trucks hauled less freight across the U.S. borders with Canada and Mexico — although the value of the trade still topped $1 trillion, and trucks transported a strong majority of the goods.

March 13, 2017