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, Equipment

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.

Joe Deaux | Bloomberg News
April 23, 2020
Government, Business

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.

Christopher Rugaber | Associated Press
April 23, 2020
Business, Top 100

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.

Jerry Hirsch | Contributing Writer
April 23, 2020
Government, Business, Logistics

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.

Eric Miller | Senior Reporter
April 22, 2020
Government, Business

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.

Eugene Mulero | Senior Reporter
April 22, 2020
Business, Logistics

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.

Jay Skebba | The Blade (Toledo, Ohio)
April 22, 2020
Business

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.

Keith Naughton | Bloomberg News
April 22, 2020
Government, Business, Safety

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.

Ryan J. Foley | Associated Press
April 22, 2020
Business

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.

Stan Choe | Associated Press
April 22, 2020
Business, Logistics

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.

Roger Gilroy | Senior Reporter
April 22, 2020