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

Fleets Find Many Ways to Harness Trailer Tracking Data

As more trucking companies invest in trailer tracking systems, they are utilizing this technology in numerous ways.

Gary Frantz | Special to Transport Topics
September 10, 2021
Government, Business, Safety

FHWA Issues Emergency Relief Funding to Louisiana

Louisiana transportation officials have been issued $5 million in federal emergency relief funding to aid recovery efforts in the wake of Hurricane Ida.

Eleanor Lamb | Staff Reporter
September 10, 2021
Business, Technology, Equipment

iTECH: New Look With a Familiar Feel

When Transport Topics published the inaugural issue of iTECH in April 2001, the trucking industry was only just beginning to realize the enormous potential for information technology to revolutionize business management. A lot has changed since then, and now, so has iTECH.

Seth Clevenger | Managing Editor, Features and Multimedia
September 10, 2021
Business, Technology, Logistics

NYC Sued Over Cap on Delivery Fees

DoorDash, Grubhub and Uber Eats sued New York City over its newly entrenched cap on the amount meal-delivery services can collect from restaurants.

September 10, 2021
Government, Business, Logistics

US Weighs China Trade Probe

The Biden administration is weighing a new investigation into Chinese subsidies and their damage to the U.S. economy as a way to pressure Beijing on trade, people familiar with the matter said.

Jenny Leonard | Bloomberg News
September 10, 2021
Business, Technology, Equipment, Fuel

Xos Introduces Mobile Charging Station

Xos Inc., a manufacturer of Classes 5-8 electric commercial vehicles, announced the Xos Hu mobile charging station. It is intended as a custom-built alternative to installed charging infrastructure.

September 10, 2021
Business, Technology

How Fleets Can Double Down on Ransomware Protection

With the threat of ransomware reaching new heights in 2021, many trucking and logistics companies are doubling down on their defenses against the scourge to make sure they’ve done everything they can to avoid becoming its next victim.

Joe Dysart | Webology 101
September 10, 2021
Government, Business, Technology, Fuel, TCA

NYC Unveils Plan for Electric Vehicle Charging Network

STATEN ISLAND, N.Y. — Over the next decade, New York City will create one of the country’s largest electric vehicle charging networks in an effort to reduce the city’s greenhouse gas emissions and combat climate change.

Eric Bascone | Staten Island Advance (N.Y.)
September 10, 2021
Business, Logistics, Top 50

Echo Global Logistics to Go Private in $1.3 Billion Buyout

Echo Global Logistics has entered a definitive agreement to be acquired by global private equity firm The Jordan Co., the companies announced Sept. 10.

Connor D. Wolf | Staff Reporter
September 10, 2021
Government, Business

Producer Prices Jump an Unprecedented 8.3% in August

WASHINGTON — Inflation at the wholesale level climbed 8.3% last month from August 2020, the biggest annual gain since the Labor Department started calculating the 12-month number in 2010.

Paul Wiseman | Associated Press
September 10, 2021