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, Government, Logistics

New Year, Same Story for US Growth Driven by Consumers

Busy storefronts and an inflation pickup show the world’s largest economy is starting 2017 much the same way it ended 2016: driven by the consumer.

Sho Chandra | Bloomberg News
February 16, 2017
Business

Fewer Americans Than Forecast File for Unemployment Insurance

Fewer Americans than forecast filed applications last week for unemployment benefits, underscoring a vibrant labor market.

Patricia Laya | Bloomberg News
February 16, 2017
Business

Housing Starts Exceed Estimates After a Stronger December

Builders started work on more U.S. homes than forecast in January after an upward revision to starts in the prior month, a sign construction was on a steady path entering 2017.

Sho Chandra | Bloomberg News
February 16, 2017
Special Coverage, Business

TMC Prepares for 2017 Annual Meeting; Aftertreatment Systems, GHG Top Issues

The latest challenges and trends in the maintenance of heavy-duty trucking equipment, such as engine exhaust aftertreatment systems and the impact of greenhouse-gas regulations on fleets, are among the topics to be addressed at the Technology & Maintenance Council’s 2017 annual meeting and transportation technology exhibition set for later this month.

Fran Matso Lysiak | Features Editor
February 16, 2017
Government, Business, Safety, Logistics, Fuel

Underinvestment in Freight Infrastructure Will Hurt Economy, Schneider CEO Says

WASHINGTON — The country's freight transportation network must be modernized and expanded to handle the projected increase in freight volume, Schneider International Inc.'s top executive told a Senate panel Feb. 15.

Eugene Mulero | Senior Reporter
February 15, 2017
Business

Port of Vancouver Approves New CEO's $202,000 Compensation Package

Julianna Marler’s role as CEO of the Port of Vancouver was cemented Feb. 14 when the board of commissioners voted 2-1 to approve the terms of her employment.

Dameon Pesanti | The Columbian (Vancouver, Wash.)
February 15, 2017
Business, Logistics

Shipping Industry Calls for Exemption from Carbon Market Reform

The global shipping industry has urged the European Union to drop the sector's inclusion in proposals adopted Feb. 15 to reform the bloc's carbon market, saying it risks distorting trade and international efforts to cut the sector's emissions.

February 15, 2017
Business

Analysis: Will Amazon Revolutionize Shipping?

For manufacturers who have to get products to you, shipping remains a troublesome, inefficient and stubbornly analog business.

Adam Minter | Bloomberg News
February 15, 2017
Business

Missouri Trucking Company Taps School 700 Miles Away for CDL Training

When officials from R&R Trucking were looking for quality commercial driver’s license training, they looked long and far.

February 15, 2017
Business

Daseke to Be Publicly Traded

KEY BISCAYNE, Florida — Daseke Inc. will become a publicly traded company on Feb. 28, costing $10 per share, which will raise capital for more acquisitions during 2017, the company announced at the Stifel 2017 Transportation & Logistics Conference here in Key Biscayne, Florida.

Ari Ashe | Staff Reporter
February 15, 2017