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, Equipment

Factory Production Declines on Weaker Equipment Demand

Production at U.S. factories fell in March for the first time this year as companies show signs of ratcheting back investment plans.

Vince Golle | Bloomberg News
April 14, 2023
Government, Business

Retail Sales Fall 1% Amid High Inflation, Rising Rates

WASHINGTON — Americans cut their spending at retail stores and restaurants in March for the second straight month, a sign consumers are becoming more cautious.

Christopher Rugaber | Associated Press
April 14, 2023
Business, Technology, Autonomous, TCA

Aurora Opens Commercial-Ready Autonomous Truck Terminal

Aurora took another step toward an autonomous delivery network with the launch of its first commercial-ready terminal for autonomous trucks in South Dallas.

Alexandra Skores | The Dallas Morning News
April 13, 2023
Government, Business, Technology, Safety

FMCSA Forum Outlines Agency’s Current, Future Research

Plans for significant rulemaking proposals, in-depth studies and data collections were the topics of discussion at FMCSA's annual Analysis, Research and Technology Forum.

Eric Miller | Senior Reporter
April 13, 2023
Government, Business, Technology, Equipment

Maryland Passes Clean Trucks Act With Key Caveats

Rather than rubber-stamping California’s truck emission standards, Maryland passed the Clean Trucks Act of 2023 — viewed as a fair compromise reflecting trucking industry concerns.

Noël Fletcher | Staff Reporter
April 13, 2023
Business

Utah Trucking Company Boss David Payne Cox Dies

David Payne Cox, co-owner of Cox Trucking, died April 3 after a 2 1/2 year battle with pancreatic cancer. He was 67.

April 13, 2023
Government, Business, Equipment, Fuel

Trucking’s Electric Vs. Hydrogen Battle Starts to Percolate

Purely battery-powered trucks have a head start on hydrogen fuel cells in the race to decarbonize trucks, but due to drawbacks for both technologies, the competition is far from settled.

April 13, 2023
Business, Logistics

Port of L.A.’s Seroka: No Contingency Plans for Strike

Port of Los Angeles Executive Director Gene Seroka said April 12 that there are no contingency plans if labor negotiations turn into a work stoppage or strike.

Connor D. Wolf | Staff Reporter
April 13, 2023
Business

Former ATA Chairman Charles Ramorino Dies

Charles Bernard Ramorino, a former American Trucking Associations chairman, died March 12. He was 95.

April 13, 2023
Government, Business

Wholesale Inflation Pressures Eased Sharply in March

WASHINGTON — Wholesale prices fell in March, a sign that inflationary pressures in the economy are easing a year after the Federal Reserve began aggressively raising interest rates.

Paul Wiseman | Associated Press
April 13, 2023