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

October Looked Very Good for US Ports

October was a great month at several of the top ports in the United States and a record-breaking one at the biggest port, according to newly released monthly numbers on Nov. 14.

Ari Ashe | Staff Reporter
November 14, 2016
Business, Logistics

Echo Global Logistics Reopens Chicago Headquarters

Echo Global Logistics celebrated the reopening of its Chicago headquarters at a ceremony with Mayor Rahm Emanuel on Nov. 14.

Ari Ashe | Staff Reporter
November 14, 2016
Government, Business

Analysis: The Trouble With Donald Trump's Infrastructure Plan

During the Obama years, most conservatives were against fiscal stimulus and most liberals were for it. Now that President-elect Donald Trump has proposed a major boost in government spending, many commentators will feel urges to migrate to the opposite positions.

Tyler Cowen | Bloomberg News
November 14, 2016
Business, Equipment

13.2% of Brake Week Inspections Result in Out-Of-Service Orders

Commercial motor vehicle officers reported 13.2% of inspections resulted in out-of-service orders for brake violations during a weeklong brake enforcement operation, compared with 12.3% last year and 16.2% in 2014.

Eric Miller | Senior Reporter
November 14, 2016
Government, Business, Autonomous

Michigan House OKs Truck Platooning

Two months and three days after Michigan’s Senate unanimously passed a bill allowing truck platooning in the state, the House followed suit Nov. 10.

David Elfin | Staff Reporter
November 14, 2016
Government, Business

Majority Leader Kevin McCarthy: House to Focus on Infrastructure Next Year

The U.S. House will be prepared to craft legislation next year that would provide long-term infrastructure funding for freight and commuter corridors around the country, House Majority Leader Kevin McCarthy (R-Calif.) said Nov. 13.

Eugene Mulero | Senior Reporter
November 14, 2016
Business, Logistics

Korea Line Is Winning Bidder for Hanjin Assets in Fire Sale

Korea Line Corp., South Korea’s second-largest bulk carrier, won a bid for some assets of Hanjin Shipping Co. in a bankruptcy sale supervised by a South Korean court.

Kyunghee Park | Bloomberg News
November 14, 2016
Business, Logistics

Troubled Hanjin's Fleet Shrinks to a Tenth of Its Size

Hanjin Shipping Co.’s fleet has shrunk to about a tenth of its size after the South Korean container line returned most of its chartered vessels to owners in the weeks after its bankruptcy filing.

Kyunghee Park | Bloomberg News
November 14, 2016
Editorial, Business

Editorial: Congratulations, But What’s Next?

After 10 months of caucuses, primaries, conventions, campaigning and a general election, Donald Trump is president-elect of the United States.

November 14, 2016
Letters to the Editor, Business

Letters: More Views on the Driver Shortage

Your Oct. 31 issue of Transport Topics included a letter about changing the rules and getting more drivers. In essence, have two drivers in each truck. After reading it, my thoughts were: Where have you been over the past two decades?

November 14, 2016