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

Omnitracs-Peloton Pact Blends Platooning With Fleet Management Capabilities

Fleet telematics provider Omnitracs has forged a partnership with Peloton Technology to bring truck platooning opportunities to its customers, a development that could accelerate the trucking industry’s adoption of the emerging technology.

Seth Clevenger | Managing Editor, Features and Multimedia
February 20, 2017
Government, Business

Coalition Rallies to Promote States’ Infrastructure Priorities

Groups representing business executives, manufacturers and private investors joined forces this month to draw attention to the hundreds of infrastructure projects governors would like the Trump administration to fund in a long-term plan.

Eugene Mulero | Senior Reporter
February 20, 2017
Business

Cartoon Caption Classic: Week Three Results

In Week Three of Cartoon Caption Classic, voters were asked to choose the best captions from up to two contestants to advance to the Week Four finals. See who prevailed and what their winning captions were!

February 20, 2017
Business, Equipment

2016 Net Income Down, Revenue Up at Wabco Holdings

Commercial vehicle supplier Wabco Holdings Inc. reported lower net income on higher revenue for the fourth quarter and full year in 2016.

February 17, 2017
Government, Business

Long-Term Funding Plan, Freight Connectivity Top AASHTO’s Agenda

Establishing a long-term funding plan for highway projects, and enhancing access for commercial vehicles along freight corridors are among the top policy priorities this year for the association representing the states’ departments of transportation.

Eugene Mulero | Senior Reporter
February 17, 2017
Business, Fuel

Shale Drilling on a Roll as OPEC Cuts Keep Oil Above $50

Shale wildcatters pushed ahead on the biggest surge in U.S. oil drilling since 2012 as explorers take advantage of prices above $50 for more than two months.

Bailey Lipschultz | Bloomberg News
February 17, 2017
Business, Logistics

CSX Seen Restarting CEO Talks After Activist Softens His Demands

CSX Corp. is expected to restart talks to install Hunter Harrison as CEO after an activist investor allied with the railroad turnaround veteran softened his demand for board representation, a Citigroup Inc. analyst said.

February 17, 2017
Government, Business

What Refashioning an Iconic '90s Trade Deal May Look Like

While U.S. President Donald Trump has forced the idea of renegotiating the North American Free Trade Agreement,  some experts agree that an upgrade is welcome for the pact that took effect in 1994 — the year pop idol Justin Bieber was born and the movie “Forrest Gump” was released.

Greg Quinn | Bloomberg News
February 17, 2017
Government, Business

Q&A: How Trump Might Try to Fix Bridges and Highways

It’s one point of agreement in a politically polarized government: U.S. highways, bridges and airports are in need of repair and rehabilitation.

February 17, 2017
Business, Logistics

TFI International Profits Increase in Fourth Quarter

TFI International Inc., formerly known as TransForce, reported net income rose 3.9% in the fourth quarter of 2016, although the gains were slightly lower than the consensus forecast from industry analysts.

February 17, 2017