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, Technology, Equipment, Fuel, TCA

California Seeks to Ban Sales of Diesel Big Rigs by 2040

Saying they had a “moral obligation,” California regulators could soon ban the sale of diesel big rigs by 2040.

September 22, 2022
Government, Business, Safety, Logistics

Deal That Prevented Rail Strike Still Needs Worker Support

OMAHA, Neb. — A last-minute deal prevented a railroad strike for now, but many rail workers remain unhappy with working conditions, including some who protested outside their workplaces Sept. 21 ahead of votes to approve the new contracts.

Josh Funk | Associated Press
September 22, 2022
Business, Logistics

Walmart, Target Begin Holiday Early to Ease Inflation Sting

NEW YORK — Walmart and Target plan to begin offering deals and price matching offers earlier this year to keep up with Americans pressed by soaring inflation and looking for ways to ease the potential sting of holiday shopping.

Anne D’Innocenzio | Associated Press
September 22, 2022
Government, Business

Fed Attacks Inflation With Another Big Hike and Expects More

Intensifying its fight against high inflation, the Federal Reserve raised its key interest rate Sept. 21 by a substantial three-quarters of a point for a third straight time and signaled more large rate hikes to come.

Christopher Rugaber | Associated Press
September 21, 2022
Business, Safety, Logistics

How Truckers Ranked the 18 Busiest Interstate Highways

The trucking technology company Trucker Path determined the best and worst interstate highways for truck drivers based on the availability of amenities and feedback from truck drivers.

Connor D. Wolf | Staff Reporter
September 21, 2022
Business, Fuel

Circle K Owner Goes on Food Marketing Push

Circle K parent Alimentation Couche-Tard Inc. only gets about half of its gross profit from fuel. That has CEO Brian Hannasch thinking about how to kickstart the company’s fresh food business, which represents just 11% of sales in its 9,000 North American stores.

Mathieu Dion | Bloomberg News
September 21, 2022
Government, Business, Equipment, Safety

Senators Promote Truck Parking Access

Two members of the Senate committee on highway policy raised concerns about inadequate parking for the nation’s truckers during a recent hearing about supply chain connectivity.

Eugene Mulero | Senior Reporter
September 21, 2022
Business, Technology, Autonomous, For-Hire

Torc, Schneider Partner on Level 4 Autonomy

Driverless technology company Torc Robotics and Schneider are preparing to launch a pilot program to further implement autonomous longhaul trucking, the companies announced Sept. 20.

September 21, 2022
Government, Business, Breaking News

Federal Judge Strikes Down Rhode Island Truck Tolling Plan as Unconstitutional

A federal judge struck down as unconstitutional a truck tolling plan by the Rhode Island Department of Transportation that was challenged in a lawsuit by American Trucking Associations as specifically aimed at motor carriers traveling through the state.

Eric Miller | Senior Reporter
September 21, 2022
Government, Business

Fraud Charges Against Former Celadon Executives Dismissed

A fraud prosecution of two former executives of now-defunct Celadon Group Inc. that has lingered in the courts for nearly three years has been dismissed at the request of the U.S. government amid allegations of inaccurate statements by an FBI agent working on the case.

Eric Miller | Senior Reporter
September 21, 2022