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, Safety

Anthony Spero, ‘The Mayor,’ to Retire From NTDC

COLUMBUS, Ohio — For his final appearance as a competitor at the “Super Bowl of Safety,” Anthony “Tony” Spero’s family was on hand to partake in his swan song.

Eugene Mulero | Senior Reporter
August 18, 2023
Government, Business

Equipment Financing Industry Confidence Increases in August

Confidence in the prospects for the equipment finance market rose in August, with fewer leaders expecting weaker conditions, according to the Equipment Leasing & Finance Foundation.

Keiron Greenhalgh | Staff Reporter
August 18, 2023
Business, Technology, Autonomous

Cruise Robotaxi Collides With San Francisco Firetruck

A Cruise robotaxi collided with a firetruck late Aug. 17 in San Francisco, injuring the vehicle’s passenger.

Dana Hull | Bloomberg News
August 18, 2023
Government, Business, Logistics

USDOT Names 2 New Marine Highway Systems

Two new marine highway systems have added 250 miles to the Ohio River system and 6,500 miles of Alaskan waterways to the national transportation system to improve freight shipments.

Noël Fletcher | Staff Reporter
August 18, 2023
Business, Equipment, Safety

Past Grand Champion Dick Gillespie Stays Close to NTDC

COLUMBUS, Ohio —Two-time grand champion Dick Gillespie says he never tires of coming to trucking events such as the National Truck Driving Championships. 

Dan Ronan | Senior Reporter
August 18, 2023
Government, Business, Safety, Logistics, TCA

Florida Slow to Respond to Truck Parking Need Along I-4

Truck parking is a well-documented nationwide problem, but along Central Florida's heavily congested Interstate 4, the issue is particularly acute, with little relief in sight. 

Martin E. Comas | Orlando Sentinel
August 18, 2023
Business, Equipment

Mexico’s Fultra Buys Ohio-based Trailer Manufacturer East

Mexican truck parts and trailer specialist Fultra bought trailer manufacturer East Manufacturing, the companies said.

Keiron Greenhalgh | Staff Reporter
August 18, 2023
Business, Equipment, Safety

Intricate Driving Course Vexes NTDC Field

COLUMBUS, Ohio — Sharp turns on a narrow stretch complemented by an alley dock maneuver stumped many elite competitors during the first driving day at the 86th annual “Super Bowl of Safety.”

Eugene Mulero | Senior Reporter
August 18, 2023
Business, Equipment

Deere Raises Profit Outlook With Farmer Demand Still Strong

Deere & Co. lifted its financial outlook for the year as machinery demand from farmers remained robust despite slumping crop prices.

Michael Hirtzer | Bloomberg News
August 18, 2023
Government, Business, Fuel

Georgia Tax Revenue Rises on Restarted Motor Fuel Taxes

Georgia’s reinstatement this year of motor fuel taxes helped the state collect 13.1% more revenue to reach nearly $2.5 billion in July compared with the previous year.

Noël Fletcher | Staff Reporter
August 18, 2023