Business
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.
Alcoa Cuts Supply and Pulls Outlook for Reeling Aluminum Market
One of the most recognizable names in the aluminum market offered little optimism for the industry as it’s rocked by the coronavirus crisis.
26 Million Have Sought US Jobless Aid Since Virus Hit
More than 4.4 million laid-off workers applied for U.S. unemployment benefits last week as job cuts escalated across an economy that remains all but shut down, the government said April 23.
TFI Posts Solid Q1 Results; Workforce Measures Taken
TFI International Inc. posted a strong first quarter, logging record operating income for the period and solid profit growth.
Food Trucks Hit Snags in Securing Permits for Rest Stops
A plan by federal regulators to allow food trucks at rest areas has hit some speed bumps.
Trump Focused on Infrastructure for Next Stimulus Package
After Congress cleared a nearly $500 billion small-business assistance bill, the Trump White House intends to pursue funding for infrastructure projects in the next economic stimulus measure.
Virus Exposes Supply Chain Problems Across Industries
The auto industry is just one of many whose supply chains have been impacted by the coronavirus outbreak.
Carmakers Headed for 50% Sales Dive Can Breathe Easier
Automakers are headed for a less drastic U.S. sales collapse than feared, according to market researchers.
Tyson Foods Idles Largest Pork Plant After Iowa Outbreak
Tyson Foods suspended operations April 22 at an Iowa plant that is critical to the nation’s pork supply but had been blamed for fueling a massive coronavirus outbreak in the community.
Stocks Claw Higher Worldwide; Oil Prices See Some Recovery
Stocks around the world are clawing higher on April 22, and the S&P 500 climbed toward its first gain of what’s been a dismal week.
Direct Connect Logistix to Bolster Sales Force
Despite the coronavirus, salespeople experienced in arranging freight shipments remain in demand, as was made clear at one logistics company looking to add employees using virtual methods.