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.
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.
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.
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.
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.
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.
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, 2023Trucking’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, 2023Port 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.
Former ATA Chairman Charles Ramorino Dies
Charles Bernard Ramorino, a former American Trucking Associations chairman, died March 12. He was 95.
April 13, 2023Wholesale 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.