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.
Fleets Will Need to Navigate Powertrain Options Amid Green Push
ORLANDO, Fla. — Fleet operators will have an array of truck powertrain choices to consider in the future as the industry complies with stricter emissions regulations and meets shippers’ demands for more environmentally sustainable freight transportation.
Earl Adams Jr. Sworn In as FMCSA Deputy Administrator
Earl Adams Jr., chief counsel of the Federal Motor Carrier Safety Administration since July 2021, has been sworn in as the agency’s deputy administrator.
ATA’s Chris Spear Proposes Excise Tax Repeal
ORLANDO, Fla. — American Trucking Associations leader Chris Spear took direct aim at a World War I-era tax he argued presents an obstacle for the industry.
Michelin North America Announces Several New Products
ORLANDO, Fla. — Michelin North America introduced several new products that the Greenville, S.C., tire and equipment manufacturer said will improve fleet efficiency and help improve fuel mileage.
ATA’s Spear Highlights New FHWA Memo, Emissions
ORLANDO, Fla. — American Trucking Associations President Chris Spear touted new federal policy guidance for how states might allocate infrastructure funding during a Feb. 27 address at the Technology & Maintenance Council Annual Meeting and Transportation Technology Exhibition.
Transportation Experts Divided on FMCSA’s Rejection of IRT
Data experts are divided on the Federal Motor Carrier Safety Administration's rejection of the Item Response Theory to separate safe from high-risk motor carriers.
TMC Recognizes Four Trucking Maintenance Leaders With Highest Honor
ORLANDO, Fla. — Four trucking and maintenance professionals were presented the Technology & Maintenance Council Silver Spark Plug on Feb. 27.
Target Tempers Strong Q4 With Cautious Forecast
Target Corp. turned in a strong fourth-quarter performance but offered a cautious financial forecast for this year as the retailer contends with shaky demand for discretionary goods.
Nissan Recalls Over 800,000 SUVs Over Key Defect
DETROIT — Nissan is recalling more than 809,000 small SUVs in the U.S. and Canada because a key problem can cause the ignition to shut off while they’re being driven.
February 28, 2023New York City’s Biggest Snowfall of Season Grounds Flights
New York City and the Northeast had a slushy start Feb. 28 as a storm brought the first significant snowfall of the season to the region, grounding hundreds of flights at area airports.