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

New York Trucking and Delivery Association Wins $14 Million in Battle With NYC

The New York Trucking and Delivery Association prevailed in its five-year battle over parking tickets.

David Elfin | Staff Reporter
May 24, 2016
Business

New-Home Sales Surge to Highest Level in Eight Years

Purchases of new homes in the United States surged in April to the highest level since the start of 2008, pointing to a robust spring selling season for builders.

Michelle Jamrisko | Bloomberg News
May 24, 2016
Government, Business

Sen. John Thune Seeks FMC Examination of SOLAS Amendments

The chairman of the Senate Commerce Committee has asked the Federal Maritime Commission to examine a controversial requirement that shippers weigh and certify the precise weight of every container loaded onto an ocean vessel.

Eric Miller | Senior Reporter
May 23, 2016
Government, Business

Speed Limiter Action Required in Senate Transportation Bill

Tucked in a Senate-passed fiscal 2017 transportation funding bill is a provision calling on the U.S. Department of Transportation to advance a rule on speed limiters for trucks.

Eugene Mulero | Senior Reporter
May 23, 2016
Government, Business, Technology

Capitol Agenda for the Week of May 23: House Showdown Ahead

Trucking regulations are poised to dominate parts of a May 24 House Appropriations Committee hearing on a fiscal 2017 transportation funding bill, but Democrats are threatening to undo parts of the legislation having to do with hours of service, meal and rest breaks, and a proposed safety fitness determination rule. Here's the week ahead for trucking on Capitol Hill.

Eugene Mulero | Senior Reporter
May 23, 2016
Business

Georgia, South Carolina Ready to Take Steps Toward Joint Port

Georgia and South Carolina are ready to start spending to build the $5 billion Jasper Ocean Terminal planned for a scrubby patch of South Carolina dirt and sand 15 miles below downtown Savannah.

Dan Chapman | The Atlanta Journal-Constitution
May 23, 2016
Business

DTNA Commits to North American Commercial Vehicle Show

Daimler Trucks North America on May 23 announced its intention to exhibit at the first-ever North American Commercial Vehicle Show in Atlanta in September 2017.

Jonathan S. Reiskin | Associate News Editor
May 23, 2016
Business

More than 120 Apply for Tennessee Program to Build Next-Gen Logistics Businesses

More than 120 teams from around the world have applied to participate in a three-month accelerator program focused on the newest and best ideas in shipping and logistics.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
May 23, 2016
Business

Ryder Offers New Leasing Program with Options

Ryder System Inc. said it has created a new vehicle leasing program to offer customers more choices for maintenance and other options.

May 23, 2016
Government, Fuel, Business

Minnesota Becomes Seventh State to Fail to Pass Fuel-Tax Hike

Minnesota became the seventh state to fail to pass a fuel-tax increase this year as its legislative session ended at midnight May 22 with no agreement on a long-awaited major transportation funding package despite the state’s $900 million budget surplus.

David Elfin | Staff Reporter
May 23, 2016