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

FHWA Will Provide $2 Million in Emergency Funds for Flooded Louisiana

The Federal Highway Administration will make $2 million in emergency funds immediately available to help Louisiana fix transportation infrastructure damaged in floods this month.

David Elfin | Staff Reporter
August 19, 2016
Business, Technology

Trucking Firms Find Success, Challenges With Driver Cameras

A growing number of carriers are outfitting their trucks with dual-lens cameras that simultaneously capture video of the road ahead and the driver at the wheel.

Rick Romell | Milwaukee Journal Sentinel
August 19, 2016
Government, Business

FMCSA Allows Some Teen Truck Drivers to Cross State Lines in Pilot Program

The Federal Motor Carrier Safety Administration on Aug. 19 announced a proposal to conduct a three-year pilot project to allow truck drivers between the ages of 18 and 21 with military heavy truck driving experience to operate in commerce between states.

Eric Miller | Senior Reporter
August 19, 2016
Business

Commercial Vehicle Supplier CK Technologies Promotes Tony Kramer to President

Commercial vehicle supplier CK Technologies has promoted Tony Kramer to president from chief operating officer. He will report to Mark Miller, CEO of Cascade Engineering, the parent company. 

August 19, 2016
Business

Choice Logistics Hires Jordan Kaufman as Chief Information Officer

New York-based Choice Logistics said it hired Jordan Kaufman as chief information officer. He succeeds Robert Bacchi, who is stepping down to pursue other interests.

August 19, 2016
Business, Logistics

Maersk Exploring All Options as Report Points to 2-Way Split

A.P. Moeller-Maersk A/S said it's still considering several options in its strategic review after a local newspaper reported that the Danish conglomerate was exploring a two-way split into an energy and a transport company.

August 19, 2016
Business

ATA’s Vice President for Safety Policy to Join Lytx

The head of safety policy at American Trucking Associations will move to a new role as lead for the Lytx trucking commercial team, the analytics firm announced Aug. 18.

August 18, 2016
Business, Logistics

Proposed Florida Freight Zone Gets Thumbs-Up From County Planning Organization

BARTOW, Fla. — A proposed freight logistics zone stretching from the Port of Tampa to Lake Wales won an endorsement on Aug. 18 from Polk's Transportation Planning Organization.

Tom Palmer | The Ledger (Lakeland, Fla.)
August 18, 2016
Business

Trucking’s Image Campaign Earns National Recognition

The trucking industry’s message campaign of safety and reliability is connecting with the public in a big way, and a national firm has recognized that.

August 18, 2016
Business, Government

Port of Virginia Reports 3.6% Drop in July Container Volume

Container volume at the Port of Virginia in July dropped 3.6% year-over-year, while it's up 1.1% for the first seven months of the calendar year, port officials announced Aug. 17.

Robert McCabe | The (Norfolk) Virginian-Pilot
August 18, 2016