Business
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.
Tennessee Cites FedEx for Fatal Accident, Proposes $4,000 Fine
State regulators propose to fine FedEx Corp. $4,000 for a fatal workplace accident last Nov. 22 at the Memphis hub.
Industry-Backed Truck Parking App to Go Live in August
WASHINGTON — American Trucking Associations, the National Association of Truck Stop Operators, the American Transportation Research Institute and the Commercial Vehicle Safety Alliance announced May 18 Park My Truck, a free mobile truck-parking app that should be available in August. The kickoff event was held in the Rayburn House Office Building on Capitol Hill.
UPS Teams With SAP to Invest in 3-D Printing
SAN FRANCISCO — Someday, the dusty back shelves of America's warehouses could be replaced by UPS and SAP-enabled 3-D printing.
Panel Approves Transportation Funding Bill with HOS Provision
A House subcommittee on May 18 easily approved a fiscal 2017 transportation funding bill that would extend the prohibition on the 2013 changes to the 34-hour, hours-of-service rule for truckers.
Port of New Orleans to Play Second Banana Again? Chiquita Considering Leaving
Two years after a celebrated homecoming, Chiquita Brands International is considering moving its cargo business elsewhere. This left Port of New Orleans, Louisiana, officials scrambling May 11 to try to keep the company from again leaving the city that was once the country’s top banana importer.
Ex-Google Engineers Form Startup to Develop Kit for Autonomous Driving Trucks
Otto, a startup led by former Google engineers, is working on getting the millions of trucks already on the road to drive themselves.
May 18, 2016White House Unveils New Overtime Rule
The White House on May 18 unveiled a rule that raises the overtime pay exemption threshold nationwide, a move many businesses and industries have criticized.
May 18, 2016AAA Says 70% of Drivers Worried About Poor Road Conditions This Summer
Seventy percent of motorists who will be traveling this summer are concerned about poor roadway conditions or being stuck in traffic, a new survey by the AAA found.
Port Tampa Bay Cargo Drops, Mirroring Global Trend
Port Tampa Bay recorded significant decreases in cargo for the first half of its fiscal year, signaling Tampa is not immune to the issues plaguing the global import-export business.
Capitol Agenda for Infrastructure Week, May 16-20
"I think every week should be Infrastructure Week," Sen. Tom Carper (D-Del.) tells Transport Topics as business, labor and policymakers come together in a series of events designed to elevate infrastructure as a critical issue impacting all Americans. Read more of our interview with Carper and bookmark this page for daily coverage. (Watch kickoff event live now.)
May 17, 2016