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.
Senate Passes USMCA Trade Deal
A new trade deal with Canada and Mexico was approved in the U.S. Senate on Jan. 16, marking a significant accomplishment for President Donald Trump on his long-discussed desire to update the Clinton-era North American Free Trade Agreement.
Palladium, Used in Catalytic Converters, Soaring Again
The palladium rally continues to defy all expectations.
Renault-Nissan Alliance Being Rebuilt After Carlos Ghosn Era
Renault SA Chairman Jean-Dominique Senard said the two-decade automotive partnership with Nissan Motor Co. has moved on from the Carlos Ghosn era, dismissing reports it’s in danger of collapse and signaling the “anguish” of last year is over.
Nissan Punishes More Managers After Carlos Ghosn Probe
Nissan Motor Co. has revealed more details of an exhaustive probe into Carlos Ghosn, a week after its fugitive former leader accused the Japanese carmaker of being behind the plot to have him arrested.
VW CEO Herbert Diess: ‘Radical Overhaul’ Needed in Technology
Volkswagen AG Chief Executive Officer Herbert Diess told top managers that the world’s largest automaker needs to undergo a “radical overhaul” in the face of industry change or risk being pushed aside.
Retail Sales Post Solid Advance to Close Moderate 2019
U.S. retail sales strengthened in December, thanks to a late holiday-shopping rush that wrapped up a more moderate year of spending at the nation’s merchants.
Americans Hit Fresh Online-Buying Milestone in 2019
Online shopping in the U.S. hit a new milestone in 2019, with a key metric surpassing every major category of brick-and-mortar stores except for big-ticket autos.
Susan Collins, 7 Other Lawmakers Recognized for Combating Human Trafficking
WASHINGTON — Eight members of Congress who are leading efforts to eliminate the trafficking of people nationwide were recognized by the Trucking Cares Foundation during a reception on Capitol Hill on Jan. 15.
XPO Logistics to Explore Sale of Business Segments
XPO Logistics Inc. announced Jan. 15 that its board of directors has authorized the possible sale or spinoff of one or more of its business units.
Bendix Expands SafetyDirect With New Geotab Partnership
Bendix Commercial Vehicle Systems announced a partnership with Geotab Inc. Jan. 15 aimed at making its fleet tracking system more widely available.