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, Safety

Kansas Turnpike Authority Raises Bridges to Improve Truck Clearance

The Kansas Turnpike Authority is continuing the process of elevating bridges that pass over the turnpike to improve clearance for large freight vehicles.

Eleanor Lamb | Staff Reporter
February 10, 2020
Business, Logistics

Hub Group Posts Decrease in Q4, Full-Year Results

Hub Group reported a fourth quarter close to expectations that paled in comparison with the record-breaking results in 2018.

Connor D. Wolf | Staff Reporter
February 10, 2020
Government, Business

Trump’s $4.8 Trillion Budget Proposal Revisits Rejected Cuts, Addresses Infrastructure

President Donald Trump is offering a $4.8 trillion election-year budget plan that recycles previously rejected cuts to domestic programs like food stamps and Medicaid to promise a balanced budget in 15 years — all while boosting the military and leaving Social Security and Medicare benefits untouched.

Andrew Taylor | Associated Press
February 10, 2020
Business

Volvo Cars Owner Plots Merger That Puts Listing Back in Play

Volvo Cars owner Li Shufu set out to combine the Swedish carmaker he bought in 2010 with his Hong Kong-listed automobile unit to create a company with the scale to compete in a rapidly consolidating global market.

February 10, 2020
Government, Business

Texas No Longer a Trailblazer for P3 Tolling

More than two years after Texas Republican Gov. Greg Abbott declared a moratorium on toll roads, a new report by a global research firm said the public-private tolling sector continues to decline in the state that was once a trailblazer for toll road P3 projects.

Eric Miller | Senior Reporter
February 10, 2020
Government, Business, Technology, Safety

Georgia DOT to Expand Connected Vehicle Technology in Atlanta

The Georgia Department of Transportation plans to hear from the private sector about ways to use connected vehicle technology on roadways in the Atlanta metropolitan area.

Eleanor Lamb | Staff Reporter
February 10, 2020
Government, Business

Ghosn Faces Nissan in Dutch Court for First Time Since Escape

Carlos Ghosn’s lawyers faced off with Nissan Motor Co. in an Amsterdam court for the first time since the former executive’s dramatic escape from Tokyo last year.

Ellen Proper | Bloomberg News
February 10, 2020
Government, Business, Fuel

Oil Holds Near $50 as OPEC+ Hesitates Despite Surplus

Oil held near $50 a barrel in New York on signs that OPEC and its allies probably won’t go ahead with a much-touted emergency meeting, even as a global oversupply piles up.

February 10, 2020
Business, Safety

Volkswagen Postpones Restart of China Joint Venture Production

Volkswagen AG has postponed the resumption of production at its China joint ventures in the latest sign of the coronavirus’ impact on economic activity.

Alexander Kell | Bloomberg News
February 10, 2020
Government, Business, Technology, Equipment

2020 TMC Photo Gallery

Images from the 2020 Technology & Maintenance Conference at the Georgia World Congress Center in Atlanta, Feb. 23-27, 2020. (John Sommers II for Transport Topics)

February 7, 2020