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

Ambassador Bridge Owners Again Challenge Construction of New Bridge to Canada

The Moroun family, owners of the Ambassador Bridge, have raised yet another challenge to the construction of a rival bridge — the Gordie Howe International Bridge.

Frank Witsil | Detroit Free Press
January 9, 2017
Special Coverage, Business

Experts Say Lack of Public Understanding Complicates Urban Freight Movement

WASHINGTON — The disconnect between the government agencies that regulate freight and the companies that move it in ever-increasing volumes throughout the United States was a focus of a Transportation Research Board session on Jan. 9.

David Elfin | Staff Reporter
January 9, 2017
Special Coverage, Business

TRB Subcommittee Wants Help From Carriers on FMCSA Alternative Compliance Research

WASHINGTON — Members of a Transportation Research Board subcommittee continued exploring potential ideas aimed at assisting federal truck and bus regulators in establishing a congressionally mandated “alternative compliance” program that would reward carriers for exceeding regulatory requirements.

Eric Miller | Senior Reporter
January 9, 2017
Special Coverage, Business

Transportation Agency Officials, Experts Tout Importance of Performance Management

WASHINGTON — Performance management, long a staple of the private sector, is increasingly common in the world of transportation agencies. That reality, which was jump-started by MAP 21 becoming law in 2012, was applauded by officials from those agencies as well as other experts at a Transportation Research Board session on Jan. 8.

David Elfin | Staff Reporter
January 9, 2017
Government, Business

New Mexico Border Towns Fear Trump's Disdain for Nafta Will Stall Trade Growth

A truck driver pauses at one of the few intersections in the border area of Santa Teresa, New Mexico, as he tries to navigate a narrow turn while transporting a giant wind turbine blade.

Bruce Krasnow | The Santa Fe New Mexican
January 9, 2017
Government, Business

Joe McGuinness, Former Franklin Mayor, Chosen to Lead Indiana DOT

Joe McGuinness has been tapped to take over as commissioner of Indiana’s Department of Transportation, leaving his post as mayor of Franklin, Indiana.

January 9, 2017
Special Coverage, Business

Catenary System Poised for One-Year Test Near California Ports

WASHINGTON — The South Coast Air Quality Management District expects to start a one-year test soon of electrified trucking near two of the nation’s largest ports, the leader of the agency’s division overseeing the program said Jan. 8.

Lorrie Grant | Managing Editor
January 9, 2017
Business, Logistics

Illinois Town Fights Proposed Intermodal Terminal

In Illinois, Crete Township residents tried to convince Will County officials not to support an overpass, fearing it would pave the way for a proposed intermodal facility that they oppose.

Susan DeMar Lafferty | The Daily Southtown (Tinley Park, Ill.)
January 9, 2017
Business

Oil Tank Car Manufacturing to Remain Steady Despite Decline in Shipping

As the amount of crude oil being shipped by rail declines, it is unlikely that Watertown-based New York Air Brake will see a drop in business for the time being.

Brian Molongoski | Watertown (N.Y.) Daily Times
January 9, 2017
Government, Business

Moving Shipments Decline

A downturn in long-distance moves by individuals, corporations and the military in 2016 is putting pressure on household goods movers and could spur a new round of industry consolidation and retrenchment, executives and industry officials said.

Daniel P. Bearth | Staff Writer
January 9, 2017