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

Meritor Announces Launch of 2019 Aftermarket Training Series

Meritor Inc. announced a 2019 aftermarket training series. The global aftermarket supplier will host more than 12 regional training events in the United States and Canada, offering support for parts, sales and service employees.

Transport Topics
December 13, 2018

Transport Topics Podcasts

RoadSigns podcast

Check out the latest podcast episodes of our RoadSigns and LiveOnWeb programs. Episode 1 of our Season Intersession of RoadSigns, "How Does Congress Say Trucking," is now available. Check back here often as new content is always being added!

Transport Topics
October 22, 2018
Business

Love’s Travel Stops Adds Locations in Texas, Ohio

Love’s Travel Stops & Country Stores has opened locations in Texas and Ohio, according to a Dec. 13 press release. Combined, the locations add 201 truck parking spaces and 137 jobs.

Transport Topics
December 13, 2018
Government, Business

Border Wall Hinders Funding Negotiations as Trump Threatens Shutdown

A contentious meeting between President Trump, incoming House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer A Dec. 12 meeting of Trump, Pelosi and Schumer got contentious over Trump's desire for $5 billion for a wall at the U.S. border with Mexico. Trump has threatened a partial government shutdown unless he gets the $5 billion. (Evan Vucci/Associated Press)

The threat of a partial government shutdown that would ensnare transportation programs looms as congressional Republicans and Democrats continue to disagree about President Donald Trump’s funding request for a wall along the U.S. border with Mexico.

Eugene Mulero | Staff Reporter
December 13, 2018
Business, Technology, Autonomous

Molex Enhances Ethernet Network Platform for Autonomous Vehicles

Molex Molex

Molex announced the next evolution of its 10 Gbps Automotive Ethernet Network Platform designed to support OEMs in the development and design of autonomous vehicles.

Transport Topics
December 13, 2018
Business, Technology, Fuel

Volvo Group Announces Leadership Changes

Volvo truck Volvo Trucks North America

Volvo Trucks announced on Dec. 12 that Roger Alm will take over leadership of its global operations on Jan. 1, 2019, replacing Claes Nilsson, who is retiring.

Dan Ronan | Associate News Editor
December 13, 2018
Government, Business, Safety

FMCSA, Others Tackle Truck Parking Problem

FMCSA Getty Images

Elected officials are becoming more aware of the truck parking problem, but many can’t seem to convince their constituents why they should care, according to panelists at a recent conference on truck parking.

Eric Miller | Staff Reporter
December 13, 2018
Business

Alliant Energy Transportation to Acquire Business Transportation Solutions

Freight-services provider Alliant Energy Transportation will acquire freight-management company Business Transportation Solutions, according to a Dec. 11 press release. The purchase follows AET’s acquisition of Hybrid Transit Solutions in October.

Transport Topics
December 13, 2018
Government, Business, Logistics

Sunniva Acquires LTYR Logistics

Sunniva Inc. has acquired LTYR Logistics, a California-based cannabis distribution company headquartered in San Diego, according to a Sunniva news release.

Transport Topics
December 13, 2018
Government, Business, Fuel

Lawmakers Pitch Infrastructure Proposals Before Next Congress

I-95 interchange project in Pennsylvania The I-95 interchange project will connect the Pennsylvania Turnpike to I-95. (PKF Mark III Inc. via YouTube)

Sensing the impetus for considering a long-term infrastructure funding bill when the new Congress convenes in less than a month, key House and Senate policymakers have started to outline proposals for what would be a massive piece of legislation.

Eugene Mulero | Staff Reporter
December 13, 2018
Government, Business, Logistics

Blue Collar Worker Shortage Reshapes Labor Market

Welder George Frey/Bloomberg News

A surprise shortage of blue collar workers is changing the contours of the U.S. labor market, boosting their pay, narrowing wage inequality and drawing more women into those jobs.

Rich Miller | Bloomberg News
December 13, 2018

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