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, Logistics

The Global Airline Shutdown Has a Surprise Victim: Gold Miners

The collapse in commercial air travel amid global coronavirus restrictions has an unexpected casualty — gold miners looking to transport their metal to refineries.

David Stringer | Bloomberg News
April 17, 2020
Government, Business, Technology, Autonomous

Autonomous-Driving Startup Pony.ai Takes on Last-Mile Delivery

With autonomous-vehicle companies parked by COVID-19, Pony .ai has teamed up with Los Angeles-based e-commerce site Yamibuy to deliver packages and groceries in the city of Irvine, Calif.

Edward Ludlow | Bloomberg News
April 17, 2020
Business, Technology, Equipment, Top 50, Top 100

J.B. Hunt Reports Mixed Results for Q1

Truckload carrier J.B. Hunt Transport Services Inc. reported lower first-quarter net income on increased operating revenue on April 14.

Connor D. Wolf | Staff Reporter
April 16, 2020
Government, Business, Safety

Trump Unveils Phased Approach to Reopening Economy

New White House guidelines outline a phased approach to restoring normal commerce and services, but only for places with strong testing and seeing a decrease in COVID-19 cases.

April 16, 2020
Business, Logistics, Top 100

Food Makers See Issues Now that Panic Buying Has Waned

Some of America’s largest food companies are finally feeling the pinch with restaurants across the U.S. remaining closed for weeks as a result of the coronavirus pandemic.

April 16, 2020
Government, Business

Trump, Chao Thank Truckers at White House

Photo gallery: President Donald Trump and Transportation Secretary Elaine Chao welcomed representatives of the trucking industry to the White House on April 16 to thank them for their dedication as essential workers on the front lines of the coronavirus pandemic.

April 16, 2020
Government, Business, Fuel

Montana Judge Blocks Keystone XL Permit for River Crossings

TC Energy Corp.’s Keystone XL oil-sands pipeline was dealt a setback with a judge’s ruling that the U.S. Army Corps of Engineers improperly approved a streamlined permit process without fully evaluating the impact on endangered species.

April 16, 2020
Government, Business, Technology, Fuel

Fuel Cell Experts Argue for Cleaner Commercial Trucks

The trucking industry needs to continue adopting electric technologies such as fuel cells in order to combat pollution, experts said April 14.

Connor D. Wolf | Staff Reporter
April 16, 2020
Business, Safety

Partnership Formed to Get Masks, Hand Sanitizer to Drivers

A coalition of trucking industry groups recently distributed 4,000 free face masks to small trucking firms whose drivers are delivering goods amid the COVID-19 pandemic.

Dan Ronan | Senior Reporter
April 16, 2020
Government, Business, Fuel

Governors Ask Trump to Waive Biofuel Quotas Amid Pandemic

Five American governors are asking the Trump administration to waive U.S. biofuel-blending requirements, arguing the cost of complying with the mandates on top of coronavirus-spurred lockdowns pose a “severe economic harm” to the country.

April 16, 2020