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

Tennessee Tech Nixes Plan to Build Intelligent Mobility Center With Fitzgerald Glider Kits

A Peterbilt on display at the Fitzgerald Glider Kits booth A Peterbilt on display at the Fitzgerald Glider Kits booth during MATS. (John Sommers II for Transport Topics)

Tennessee Tech University officials have ended plans to establish an Intelligent Mobility Research Center in a partnership with Fitzgerald Glider Kits after a university research misconduct investigation discredited a university study that concluded in some cases glider trucks polluted less than newer heavy trucks.

Eric Miller | Staff Reporter
December 6, 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
Government, Business, Fuel

US Becomes Net Oil Exporter for First Time in 75 Years

Texas Oil Field Matthew Busch/Bloomberg News

America turned into a net oil exporter the week of Nov. 26, breaking 75 years of continued dependence on foreign oil and marking a pivotal — even if likely brief — moment toward what President Donald Trump has branded as “energy independence.”

Javier Blas | Bloomberg News
December 6, 2018
Government, Business

Funding, Freight Among Retiring T&I Chairman Bill Shuster’s Enduring Priorities

Rep. Bill Shuster Bill Shuster will at month’s end vacate his House seat — and with it his perch as chairman of the Transportation and Infrastructure Committee. (Pablo Martinez Monsivais/Associated Press)

After nearly two decades in Congress, Pennsylvania Republican Rep. Bill Shuster will at month’s end vacate his House seat and with it his perch as chairman of the influential Transportation and Infrastructure Committee.

Eugene Mulero | Staff Reporter
December 6, 2018
Government, Business

Businesses Added a Solid 179,000 Jobs Last Month

Manufacturing Andrew Harrer/Bloomberg News

WASHINGTON — U.S. businesses hired new workers at a solid pace in November, adding 179,000 jobs, according to a private survey.

Christopher Rugaber | AP Economics Writer
December 6, 2018
Government, Business

Productivity Rises 2.3% in Third Quarter

Warehouse Getty Images

WASHINGTON — U.S. productivity grew at an annual rate of 2.3% in the July-September quarter, slower than the previous quarter but still an improvement over the weak annual gains of the past decade. Labor costs rose at a modest pace in the third quarter.

Martin Crutsinger | Associated Press
December 6, 2018
Government, Business

Service Industries Expand to Near-Record Level in November

Target Employee Julio Cortez/Associated Press

A gauge of U.S. service industries unexpectedly rose in November to a near-record level amid gains in business activity and new orders, adding to indications that the sector remains robust in the fourth quarter.

Katia Dmitrieva | Bloomberg News
December 6, 2018
Government, Business, Logistics

China Implementing Agreed-Upon Trade Deals With US, Official Says

Container Ship Simon Dawson/Bloomberg News

China and the United States have reached agreement in the sectors of agriculture, autos and energy, and China will immediately start implementing that consensus, a government spokesman said.

Bloomberg News
December 6, 2018
Business, Equipment

Safe Fleet Buys Roll-Rite Automated Covering Systems

Safe Fleet has acquired the Roll-Rite group of companies, according to a news release. The Belton, Mo.-based company owns brands and products that enhance safety and productivity for fleet vehicle manufacturers and operators. Safe Fleet has 1,500 employees and 14 manufacturing locations.

Transport Topics
December 6, 2018
Business, Technology, Fuel

J.B. Hunt Transport Services Takes Delivery of First All-Electric Trucks

J.B. Hunt's eCanter One of the eCanter electric trucks purchased by J.B. Hunt. (J.B. Hunt Transport Services)

J.B. Hunt Transport Services has made its first purchase of electric-powered trucks, acquiring five medium-duty eCanter box trucks from Mitsubishi Fuso Truck and Bus Corp. for use in making deliveries in Santa Fe Springs, Calif., and in the greater Houston area in Texas.

Daniel P. Bearth | Staff Writer
December 5, 2018
Business

Transervice Logistics, Prairie Farms Dairy Agree to Contract Maintenance Deal

Transervice Logistics, a customized transportation service provider, has announced that it has entered into an on-site dedicated contract maintenance agreement with Prairie Farms Dairy, one of the largest dairy cooperatives in the Midwest, at its bottling plant in Somerset, Ky.

Transport Topics
December 5, 2018

Pages