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.

Business, Technology, Equipment, Fuel

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.

Seth Clevenger | Managing Editor, Features and Multimedia
February 28, 2023
Government, Business

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.

Eric Miller | Senior Reporter
February 28, 2023
Government, Business, Equipment

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.

Eugene Mulero | Senior Reporter
February 28, 2023
Business, Technology, Equipment, Safety, Fuel

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.

Dan Ronan | Senior Reporter
February 28, 2023
Government, Business, Technology, Fuel, Logistics

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.

Eugene Mulero | Senior Reporter
February 28, 2023
Government, Business, Technology, Safety

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.

Eric Miller | Senior Reporter
February 28, 2023
Business, Technology, Equipment, Safety

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.

Connor D. Wolf | Staff Reporter
February 28, 2023
Business, Logistics

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.

Brendan Case | Bloomberg News
February 28, 2023
Business, Equipment, Safety

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, 2023
Business, Logistics

New 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.

Brian K. Sullivan | Bloomberg News
February 28, 2023